The other day I noted an item in a rival publication saying that a new North Carolina healthcare laundry had obtained a $136,000 grant from that state’s One North Carolina Fund to help underwrite an expansion. 

I later spoke with another laundry operator in that state who said he too had obtained a similar grant that was announced late last year as part of what he referred to as “grant season.”

The term piqued my curiosity because it implies that grants have become so commonplace, at least in that state, that it’s now become a yearly ...