One other factor triggering closures in the article: private equity companies have been on a buying spree for hospitals. The strategy is to buy the hospital, s

One other factor triggering closures in the article: private equity companies have been on a buying spree for hospitals. The strategy is to buy the hospital, sell the land to a real estate co, and have the hospital pay exorbitant rates to lease the land. After they’ve extracted maximal value, the hospitals that can’t afford the lease are forced to close. Hospital execs get paid large bonuses for agreeing to deals like this.