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Weatherhead's J.B. Silvers shares the financial implications of hospital closings in the Warren area

MEDIA | July 19, 2024
STORY BY: EDITORIAL STAFF

Warren's hospitals go up for auction, leaving residents to wonder what the future holds

ideastreamJ.B. Silvers, emeritus professor of banking and finance and former co-dean of the Weatherhead School of Management, talked about the financial implications of hospital closings in the Warren area. “If it's a distressed property, somebody might see it as a bargain,” he said. “And so even if they bought it and then closed it, it could still make financial sense for them.”