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re: Medical Properties Trust, Inc. (NYSE:MPW)
Posted on 3/2/24 at 8:59 am to Paul Allen
Posted on 3/2/24 at 8:59 am to Paul Allen
FYI. The Change Healthcare cyberattack has shut down claims processing for up to a third of healthcare providers and hospitals nationwide. That means no revenue coming in and no time frame for when it will. Most are already on razor thin margins will very little cash to dip into. Rent would be the first thing I'd skip. Have to make payroll and keep your supplies coming in to stay open. Takes awhile to evict. They may see a serious decline in cashflow if this drags out.
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