Hospital borrows from position of strength.
Children's Hospital of Philadelphia is nearly debt-free and able to finance much of its own replacement and equipment needs. But rather than avoid debt obligations, it's taking on more than $200 million in new borrowing that capitalizes on the hospital's flush financial profile. Its strong balance sheet and credit ratings will keep capital infusion costs low.
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D002202:Capital Financing; D006744:Hospital Bed Capacity, 100 to 299; D006749:Hospital Design and Construction / Q000191:economics; D006776:Hospitals, Pediatric / Q000191:economics*; D015143:Philadelphia