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Healthcare is Big Business!

If the 'RENEWAL' plan is approved, significantly higher patient revenues will be required just to cover the higher costs:

• Hospital rates going up despite increasing pressures to restrain costs by the government and private insurers
• More patients coming from outside Valley's traditional service area with accompanying road traffic
• Additional costly demands on Ridgewood's infrastructure

Read what Valley’s CFO Richard Keenan says about how it will fund the renewal. From the introduction of the “Case for Renewal” in September 27, 2006, Valley has continually stated that only 3 more beds would cause little increase in patients, visitors or traffic. Keenan’s statements contradict this claim. He tells the court that Valley needs to increase revenue, through patient turnover to pay for the Renewal. This means MORE traffic through Ridgewood Streets.

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