Hospital bill

    As Lower Bucks Hospital faces bankruptcy, a New Jersey heart surgeon has offered to buy and operate the facility. Dr. B. Reddy Dandolu, CEO of DBR Healthcare in South Jersey, has offered $31 million in partnership with Medley Capital to buy the Bristol hospital and keep it running.

     

    This is the second proposal from Dandolu; his first was denied last year. Lower Bucks filed last year for chapter 11 bankruptcy protection, and has since sought four extensions to submit a restructuring plan.

    The Burlington County Times has the full report.

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