Buy a rural hospital for $100? Investors pick up struggling institutions for pennies

Rural communities with struggling hospitals often turn to outside investors willing to take over their health care centers. Some are willing to sell the hospitals for next to nothing to companies that promise to keep them running.

Some rural hospitals are in such bad shape, they’re selling for next to nothing. One company is snapping several distressed or closed hospitals in rural Tennessee, hoping to turn a profit.

(Image credit: MEGAN JELINGER/AFP via Getty Images)

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Blake Farmer