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KU Health secures bonds for newly 'acquired' Hays Med

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The University of Kansas Hospital Authority has raised $40.2 million in bonds to pay off Hays Medical Center's debt, according to Fitch Ratings. In September, The University of Kansas Hospital and HaysMed announced a "partnership" between the two organizations. In January, the "affiliation" and its financial ramifications became official. The hospital, located in Western Kansas, became part of The University of Kansas Health System after the two nonprofits finalized a "partnership agreement." Since…

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