Weatherhead’s J.B. Silvers shares the financial implications of hospital closings in the Warren area

Warren’s hospitals go up for auction, leaving residents to wonder what the future holds

ideastreamJ.B. Silvers, emeritus professor of banking and finance and former co-dean of the Weatherhead School of Management, talked about the financial implications of hospital closings in the Warren area. “If it’s a distressed property, somebody might see it as a bargain,” he said. “And so even if they bought it and then closed it, it could still make financial sense for them.”