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A Guide to Financing Strategies for Hospitals - With Special Consideration for Smaller Hospitals

A Guide to Financing Strategies for Hospitals - With Special Consideration for Smaller Hospitals

Given economic and industry trends related to the worldwide financial markets, the nation's economy, and U.S. health care reform, access to external capital has become more important than ever for hospitals nationwide. Reform and market changes are accelerating hospitals' need for capital to fund physician employment and integration, information technology, facility modernization and expansion, and other initiatives. Successful health care organizations will need to make substantial capital investments in each of these areas.

A Guide to Financing Strategies for Hospitals - With Special Consideration for Smaller Hospitals explores seven strategies that can help hospitals achieve the best possible capital access:

  1. Understand your strategic financial position and maintain credit strength.
  2. Identify and evaluate the full range of financing options.
  3. Consider sources of local and state support.
  4. Consider partnership as a broad strategic capital option.
  5. Evaluate and select the best financing strategy.
  6. Involve the right professionals.
  7. Stay closely connected.

Numerous "take aways," recommended action items, and implications for smaller organizations are highlighted. While the guide provides considerations related specifically to smaller organizations, such as rural hospitals, critical access hospitals, or stand-alone community hospitals, the strategiehttp://www.ahacontent.com/iw-cc/command/iw.group.formspub.save_valid_forms are applicable to all health care organizations, including multihospital systems, regional systems, and hospitals that are part of a larger system.

This guide was written by Kaufman, Hall & Associates, Inc., and produced in collaboration with the American Hospital Association and AHA Solutions.

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