SPOTLIGHT: Hospital hopes gambling can help to solve bad debt problem

Hospitals with bad debt certainly are seeking creative solutions. Such is the case for Lower Bucks Hospital in Bristol Township, Pa., which could receive up to $1 million annually in gaming revenue should table games become legal in the Keystone State. The hospital's bad debt quadrupled to $16 million between 2004 and 2008, while its assets and fund balance dropped to a meager $5 million, down from $22.4 million. Currently, a table games bill that could bring in up to $250 million per year in additional revenue is being discussed by the state's House and Senate. One percent of all revenue reported from a local casino would then be earmarked for the hospital. Article

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