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Hospitals using lenders of last resort. Some struggling providers say nontraditional financiers are abandoning them

Hospitals using lenders of last resort. Some struggling providers say nontraditional financiers are abandoning them

Modern Healthcare 29(29): 30-32

Hospitals and health systems are increasingly turning to nontraditional lenders to sell their receivables or back multimillion-dollar sales of troubled operations. But as some recent incidents show, the relationships with those financiers also can be troubled. Some critics contend that these lenders of last resort can be prone to panic.

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