Quote:
Originally Posted by Caymus
Does anyone have a guess what the transition period would look like? Some reports claim they are only "buying" the patients and not the buildings and equipment. Do they shut down while they negotiate contracts with the medical staff and building/equipment purchase/lease agreements?
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I believe all the buildings/facilities are "leased", not owned by TVH.
Most of the equipment is leased, not owned.
The "contracts" are assets and likely part of the sale. Both leases and employment contracts. All of which probably have "alienation clauses" and I have no clue how that will shake out.
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