Holly Carnell Quoted on How Failure to Expand Medicaid Impacts Hospital Sales

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.