CHICAGO -- A report released yesterday by Cook County, Ill., recommends that the county's aging hospital be demolished and replaced with a new, bond-financed $570 million facility.

The report, drafted by the consulting firm of Bobrow/Thomas and Associates, said that building a new 464-bed hospital would cost less than renovating the old 930-bed facility. The new hospital would be built within a block of the old one, which is located about a mile west of Chicago's downtown.

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