Scared of the bull. Not-for-profit hospitals are costing themselves millions with timid investment strategies.
While level-headed noncasino-going people have accumulated tidy sums by judicious investing in higher-yielding debt and equities, the culture of hospital management and governance frowns on any financial risk. There are stirrings of change, especially among cash-rich systems. But naive as it sounds, some hospitals would rather stick with the tried-and-true than run with bulls.
Pallarito
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D000573:American Hospital Association; D005377:Financial Management, Hospital / Q000639:trends*; D006788:Hospitals, Voluntary / Q000191:economics*; D007449:Investments / Q000191:economics* / Q000639:trends; D009096:Multi-Institutional Systems / Q000191:economics; D012309:Risk-Taking; D014481:United States