How investors evaluate the creditworthiness of hospitals.
Responding to health care's turbulent economy of the 1980s, investors in hospital bonds have revised the way they conduct a hospital credit analysis. This new thinking is reflected in a 10-step method that examines the hospital's operating margin and cash from operations; its Medicare and Medicaid receivables; occupancy and admission levels; security provisions of the bond; and other important factors. Healthcare financial managers can use the analysis as a guide to self-assessment.
Sherman
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B
D000067:Accounts Payable and Receivable; D001509:Bed Occupancy; D002202:Capital Financing / Q000592:standards*; D005069:Evaluation Studies as Topic; D005376:Financial Management / Q000592:standards*; D005377:Financial Management, Hospital / Q000592:standards*; D007182:Income; D007449:Investments / Q000191:economics*; D014481:United States