‘wheat pennies bw’
courtesy of ‘christaki’
DC Government announced last week that it is taking over United Medical Center in Southeast from Specialty Hospitals, the group that has run the hospital since 2007 under a combination of grant and loan from the District. While the hospital itself is economically viable after a series of facilities and equipment upgrades and changes to Medicaid reimbursements, Specialty Hospitals itself is in some financial troubles and hadn’t been making the payments to the District. So, it’s like a foreclosure except the hospital gets to stay open.