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Table of Contents




If we fail to improve the operations of acquired hospitals, we may be unable to achieve our growth strategy.




If we acquire hospitals with unknown or contingent liabilities, we could become liable for material obligations.



State efforts to regulate the construction, acquisition or expansion of healthcare facilities could limit our ability to build or acquire additional
healthcare facilities, renovate our facilities or expand the breadth of services we offer.






State efforts to regulate the sale of hospitals operated by not-for-profit entities could prevent us from acquiring additional hospitals and executing our
business strategy.


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

If we are unable to effectively compete for patients, local residents could use other hospitals and healthcare providers.
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
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