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  • Title: Rates of return from hospital conversions.
    Author: Sloan FA, Conover CJ, Ostermann J.
    Journal: Health Care Manage Rev; 2003; 28(2):107-17. PubMed ID: 12744448.
    Abstract:
    This article presents information on the rates of return obtained by purchasers of U.S. hospitals since the mid 1980s. The key hypothesis tested in this study was whether for-profit acquirers are able to purchase hospitals at below-market prices. We test the hypothesis by comparing internal rates of return to an estimate of the weighted cost of capital for all for-profit hospitals in the year the transaction occurred.
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