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July 30, 2019

Philadelphia's Hahnemann Hospital to Shutter as Critics Decry Greed at Heart of Its Sale
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Philadelphia's Hahnemann University Hospital released its last patient
last week and is expected to fully shutter within the coming weeks,
laying off over 2,500 union staff and leaving a vacuum in medical
services for low-income people in the area. Residents and activists have
been battling the closure of the 171-year-old institution. They say the
private equity executive Joel Freedman, whose firm Paladin Healthcare
bought Hahnemann hospital last year, is seeking to use bankruptcy
proceedings to sell the property for development as luxury condos and
hotels.

Bernie Sanders, who rallied with local residents earlier this month,
decried the "culture of corporate greed" responsible for the closure.
Sanders said that his Medicare-for-all plan would include a fund so
local governments can purchase hospitals in financial distress.


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