Jeff Lutz, in the July 23, 2008 issue of H&HN magazine, discusses the Detroit healthcare market in a lousy economy. He discusses several lessons for healthcare from the events that are occuring in his hometown market due to the bad economy.
He does, however, strike an optimistic note at the end when he notes "...those with strong balance sheets are picking up market share and investing in physicians, services and technologies for the future."
Once again, it seems that the mantra for success in the healthcare business, whether in good times or bad, is having a healthy balance sheet. The best prescription for being healthy is to effectively use all the tools available and find the best combination that works for the provider's specific situation. One of those tools should be Medical Accounts Receivable {MAR} funding. It is a debt-free method to fund working capital and accelerate your cash flow. The flexiblity of a Sun Capital HealthCare MAR Funding program allows you to determine the dosage that works best for you when in combination with the other financing options you have.
A healthy balance sheet gives the healthcare executive the maximum flexibility for finding growth and profitability. And the Sun Capital MAR funding program can be customized to your specific needs.
Wednesday, July 23, 2008
A HEALTHY BALANCE SHEET
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Wednesday, July 23, 2008
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DiggI | Add to Del.icio.us | TechnoratiWednesday, July 16, 2008
Ratings Drop as Hospitals Bleed from Bottom Line
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.
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Wednesday, July 16, 2008
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Labels: balance sheet, bond ratings, operating losses
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