Thursday, April 24, 2008

Former President Bush Sr. Greets HealthCare Executives

Michael Koslow, Sr. Vice President for Marketing and Jim Beutel, Sr. Vice President, Business Development for Sun Capital HealthCare Inc. had the pleasure of meeting President George H.W. Bush, the 41st President, at the recent HealthCare CFO conference held at the Mariott Sawgrass Resort in Ponte Vedra Beach, FL.


The former president was the keynote speaker and honored guest at the 3 day conference bringing together healthcare executives with leading healthcare solution providers. President Bush Sr. brought his well known charm to the podium as he addressed the audience and demonstrated his practical approach to problem solving with numerous stories and anecdotes from his many years in public service. He also encouraged the many people attending the conference to continue to search for new and better ways to deliver affordable healthcare to the citizens of the country.

Sun Capital HealthCare's participated as a national solution provider, offering healthcare executives additional funding solutions for the financial stresses they are experiencing, especially during the current economic downturn and credit crunch. A number of CFO's, when discussing their hospital's financial needs and plans with Koslow and Beutel, noted how they could take strategic advantage of Sun Capital's debt-free MAR [medical accounts receivable] Funding program, even though their hospitals are currently performing very well.

Protecting their bond ratings and funding future planned capital expenditures at today's lower costs clearly demonstrated how forward thinking CFO's can use the flexibility of MAR funding as an important tool in an overall strategic financial plan for long-term growth and viability. They reinforced Sun Capital HealthCare's platform that MAR Funding is not just for healthcare providers in distress, but is a cash-flow solution that can provide working capital for growth and expansion.

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