The Medical University of South Carolina’s state-affiliated hospital system can proceed with long-delayed expansion plans, but it will more than double its debt in the process. (File photo by Sviatlana Lazarenka/Getty Images)
South Carolina’s state-affiliated hospital system can now proceed with long-delayed expansion plans into some of the Palmetto State’s fastest-growing communities, but it will more than double its debt in the process.
After more than five years of court battles and four years of pandemic-induced financial hardships, the Medical University of South Carolina’s hospital system has final approvals in hand to finance two new hospitals in the suburbs of Charleston and Charlotte…