Private Equity Took Over a Hospital. Then It Shuttered.
The Journal.
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The Financial Struggles of a Hospital System Amidst a Pandemic
This chapter explores a 2019 real estate transaction between a private equity firm and a hospital system that resulted in unsustainable rent obligations. The financial strain intensified during the COVID-19 pandemic, leading to a lawsuit and Chapter 11 bankruptcy, shedding light on the complexities of financial agreements in healthcare.
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