April 26, 2017
Chicago healthcare partner Holly Carnell commented in an April 18 Kansas City Star article about how a state’s failure to expand Medicaid could impact a distressed hospital’s ability to attract a buyer. The article discussed state politicians’ conflicting views on whether and to what extent the decision to not expand Medicaid has contributed to a Topeka, Kansas, hospital’s imminent closure.
In the article, Carnell noted, “I think any buyer is going to be looking at whether a target is located in an expansion state, especially if it is a safety-net hospital, because that fact is critical to the prospects of a hospital being long-term sustainable and profitable.”
The article, “Finding new owners to keep Topeka hospital open could be a challenge,” is available online.