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Old Posted Mar 4, 2021, 12:17 AM
the urban politician the urban politician is offline
The City
 
Join Date: Jul 2004
Location: Chicago region
Posts: 21,375
^ It will be a huge money loser for the new owner unless they can get more elective procedures done there, as well as getting more people with private insurance into that hospital and any affiliated clinics.

That can only be addressed through population growth and development in the nearby area. Perhaps the new owners are expecting that to happen?

Or perhaps this is some massive tax write-off scheme? Who knows? But I'm glad that this hospital isn't closing.
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