Ex-Triad execs in Plano target community hospital turnarounds

Former executives of giant Triad Hospitals Inc. of Plano have joined forces to invest in struggling community hospitals and help them return to profitability. Legacy Hospital Partners, also of Plano, said Monday that it will use private equity financing to enter into partnerships and joint ventures with U.S. nonprofit hospitals, many of which are losing money and can't afford to invest in new facilities.