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A Private Equity Baron Sitting on an Empty Philadelphia Hospital Is in Line For Huge Tax Gift in the Covid-19 Stimulus

Photo by: The Intercept

As Philadelphia searches for a place to house its growing number of coronavirus patients, a millionaire health care and private equity executive is effectively holding a hospital he owns hostage — and is in line for a massive tax break under the coronavirus stimulus plan signed into law last week. Joel Freedman bought Philadelphia’s Hahnemann University Hospital, which primarily served low-income...

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