The struggling 32-bed Monroe Hospital in Bloomington, Ind., filed for bankruptcy, blaming tough competition for why it only cares for an average of eight patients, Dow Jones Daily Bankruptcy Review reported today. Officials put Monroe Hospital LLC into protection in U.S. Bankruptcy Court in Indianapolis on Friday with a "low patient census and high expenses," said Chief Executive Joseph Roche in court papers, adding that the company owes more than $120 million to its landlord and lender.
