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July 23, 2007

UPDATE: LifePoint’s Shares Plunge On Profit Drop, Lower Forecast

SAN FRANCISCO (Dow Jones) – LifePoint Hospitals Inc. shares plunged Monday, yielding 14% as the rural hospital operator reported a 61% drop in second- quarter earnings that it attributed to bad debts, contract labor costs and professional fees, and medical malpractice insurance expenses.
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