Hospital bankruptcy rate surged to 9.5 percent

Published: 2003-05-20 06:59:00
Updated: 2003-05-20 06:59:00
The nation's hospital bankruptcy rate last year marked 9.5 percent, up 0.6 percentage point from a year earlier, according to a recent survey of the Korea Hospitals Association.

The survey showed that the bankruptcy rate stood at 3.7 percent in 1998, but then climbed to 6.5 percent in 1999 an...

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