Harold covers the business side of health care, higher education, and the broader nonprofit sector, with occasional forays into the food and alcoholic beverage industries.
A lot is riding on the experiment, because the sickest 1 percent of the population accounted for 22 percent of $3.3 trillion in national health-care spending, according to a recent federal estimate.
The bankrupt parent of the former Hahnemann University Hospital has agreed to buy malpractice insurance that will protect hundreds of medical residents who trained at the Center City hospital before it closed last summer.
Nestidd is happy to take on the real estate management burden so agencies can focus on serving clients with intellectual and developmental disabilities.
The decision, forced by financial pressures, comes eight months after Hahnemann University Hospital's owners announced the closure of that Center City institution.
A proposed new patient pavilion that will replace shared rooms with private ones, a 13-bed intensive care unit, and other changes await final township approval.
