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One of the articles he linked to is #7. It describes a PE firm that buys a hospitals and immediately makes a profit selling the land in a sale-leaseback. Then
by JamesBarney 7y ago
One of the articles he linked to is #7. It describes a PE firm that buys a hospitals and immediately makes a profit selling the land in a sale-leaseback.
Then the article goes into how the hospital is failing because of this.
No what you had a failing hospital and a successful real estate company masquerading as a mildly profitable hospital.
- valuearb 7y agoIf the hospital can’t afford market rent, it was never successful to begin with.