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Arizona Hospital Files for Chapter 11

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Gilbert Hospital, a once highly profitable Arizona hospital that served as a model for other emergency-room centers, has filed for chapter 11 protection, the Arizona Republic reported today. Gilbert Hospital executives did not return multiple calls, but an attorney said that the bankruptcy filing stemmed from several factors, including a loss of financing, management changes, competition from other Gilbert hospitals and construction near the hospital that may have discouraged patients from visiting its emergency room.