Per recent reports, bond ratings for hospitals have dropped significantly.
In many of these cases, the reasons for the downgrades were similar - big operating losses in fiscal 2007, declining patient volume, and concerns about the hospitals' ability to turn themselves around.
Medical Accounts Receivable (MAR) funding presents an opportunity for hospitals and other healthcare providers to protect and maintain bond ratings. MAR Funding boosts liquidity which makes for a healthier balance sheet.
Wednesday, July 16, 2008
Ratings Drop as Hospitals Bleed from Bottom Line
Posted by
Kim
at
Wednesday, July 16, 2008
Labels: balance sheet, bond ratings, operating losses
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