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Snowballing debts haunt clinics
Published: 2010-04-23 06:58:00
Updated: 2010-04-23 06:58:00
35 percent of general clinics hold an average 380 million won in debt and OB & GY clinics see their liabilities soar to 800 million won on average.
The Korea Medical Association revealed the information based on the survey of the financial health of 1,009 clinics by Korea Gallup Institute.
The average bank loan of clinics averaged from 256 million won to 436 billion won.
The KMA said d...
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