Pooled loan program that's backed by Maine gives hospitals access to credit, lower rates.
Several states are watching how a new pooled loan program works in Maine. It links credit enhancements backed by the state to the pooled borrowings, raising their ratings and lowering borrowing costs for participating hospitals. The program also will help improve access to capital for the state's 40 acute-care hospitals.
Nemes
J
J
D002202:Capital Financing / Q000639:trends*; D005377:Financial Management, Hospital / Q000639:trends*; D007449:Investments / Q000592:standards; D008281:Maine; D009735:Nursing Homes / Q000191:economics; D013219:State Government; D014481:United States