Hospitals are increasingly buying up real estate as part of an effort to help alleviate the homeless crisis that’s affecting many parts of the U.S. The problem for hospitals is that some patients, after receiving treatment, have nowhere to go once they’re discharged. Insurance companies generally refuse to pay for patients once they’re immediate problem
Former hospitals make way for luxury condos in NYC
January 27, 2016 by
What with so many hospitals in the US shutting down, developers are looking to renovate these vacant spaces and transform them into luxurious homes.