PHILADELPHIA - United Hospitals Inc., which analysts said was just months from fiscal collapse last year, announced yesterday it expects to register at least $11.6 million in profits for fiscal 1992.

The turnaround -- which comes on the heels of an expected loss of $14.3 million for fiscal 1991, which ended June 30 -- was unvelled yesterday to a small group of institutional investors by Allegheny Health Services Inc., United's new parent.

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