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Jackson Hospital Saves Itself | Birmingham News
Jackson Hospital is staying open thanks to a breakthrough deal with Blue Cross and Blue Shield of Alabama, averting closure after a year of financial turmoil, including bankruptcy and a $60 million bond default. The hospital, a vital 80-year-old community pillar, faced potential loss of 1,800 jobs and 355 beds — but with support from state and local leaders and a $35 million loan, negotiations centered on reimbursement rates finally yielded a verbal agreement. A federal judge had previously blocked Blue Cross from paying more, but both sides agreed to keep talking — and this deal ensures…
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