Coronavirus Crisis Puts Bankrupt Hospitals Back in Demand - The Wall Street Journal

From small-town Vermont to Los Angeles, local governments are commandeering shut-down hospitals to add space amid the coronavirus pandemic—a trend that could revamp the market for health-care facilities.

Just months ago, St. Vincent Medical Center in Los Angeles and Astria Regional Medical Center in Yakima, Wash., were closed, unable to bring in enough revenue to stay afloat. Both are poised to reopen with the help of state funds and, in the case of St. Vincent, $135 million from the family foundation of Patrick Soon-Shiong,...

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April 06, 2020 at 04:35PM
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Coronavirus Crisis Puts Bankrupt Hospitals Back in Demand - The Wall Street Journal
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