This is why hospitals go broke. While it is great for the individual, society suffers. Here in Australia, our 2nd biggest private hospital owner has just gone

This is why hospitals go broke. While it is great for the individual, society suffers. Here in Australia, our 2nd biggest private hospital owner has just gone broke. At a fire sale, there was so little interest in buying the hospitals that many will be shut down. The rest of the unsalable hospitals will be shoved into a stripped down charitable tax exempt trust so that the creditors ( banks and pension funds ) can recoup a small amount of the money they lent the hospitals.