Securitizing receivables offers low-cost financing option.
Securitization began in the 1980s with mortgage payments, auto loans, and credit card debt being pooled and used as collateral for securities offerings. More recently, healthcare providers have securitized accounts receivables to obtain low-cost, off-balance-sheet financing. As the need to both raise capital and contain costs grows in health care, providers likely will make increased use of this financing method.
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Liberty Health-Care System, Inc., Jersey City, NJ, USA.
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D000067:Accounts Payable and Receivable; D016361:Bankruptcy; D002202:Capital Financing / Q000379:methods*; D005377:Financial Management, Hospital / Q000379:methods*; D007449:Investments / Q000145:classification*; D009515:New Jersey; D012308:Risk Management / Q000191:economics; D014481:United States