David Ploss
David Ploss
cover debt hospitals likely quite situation sold
Hospitals that get sold are those that can't cover debt or get their debt-to-asset ratios way out of whack, and this hospital is likely to be in that situation for quite some time.
ability challenge create current debt freedom healthy hospital looking margins question raises regular rid situation stay ultimately whether
Looking at the debt the hospital will ultimately incur is going to really challenge its ability to ever be in a situation where it has much freedom to create stable, healthy margins on a regular basis. Because of that reality, it always raises the question of whether the hospital will stay with current ownership. If they get rid of the hospital, they get rid of the debt. If they keep it, they may be chronically saddled with difficulties maintaining margins.
axe generally guy joe period saying says short wield
All he says is that he has a one-year contract. They will probably find someone else to take over as CEO. I'm not saying Joe is a guy who couldn't do it, but generally the guy who has to wield the axe is there for a short period of time.