All Featured Insights

Kaufman Hall co-founder and Chair Ken Kaufman and Senior Vice President Lisa Goldstein—formerly a longtime not-for-profit hospital ratings analyst for Moody’s—recently explored the evolving perspectives of healthcare leaders on how to best balance credit ratings with other key strategic imperatives, including the rising importance of health equity

As organizations consider how to respond to rising rates, one option is introducing capital structure risk: using floating rate products, put bonds, or other structures that move debt to a lower cost point on the yield curve in exchange for assuming risk.

Almost everything that not-for-profit hospital ratings analysts evaluate can be measured, quantified, and databased. Except for one: governance.

Hospitals and health systems are feeling the full effects of the Great Resignation as labor expenses climb despite lower staffing levels. As a result, hospitals are paying higher wages to compete for qualified personnel. Read the Winter 2022 Kaufman Hall Report for strategies for improving recruitment and retention.

Healthcare issuance has been relatively modest over the past several weeks, with a mix of tax-exempt and taxable transactions across the credit curve. Transactions continue to get done...

“Will I be downgraded if my organization’s margins decline because I am investing for its future?” This is one of the most common questions that provider organizations ask ratings...

As the COVID crisis moderates, the question for most organizations is whether to maintain lines of credit. The answer requires clarity on the purpose of these facilities today.

Over the years, I have had many things that I have wanted to tell the executives at not-for-profit hospitals. As a ratings analyst, however, I couldn’t. Now I can. This is the first of...

In the early days of COVID, The Wall Street Journal published an opinion piece by Allison Schrager that has stayed with us throughout the pandemic. Schrager built her essay on the...

In this webinar, Kaufman Hall Senior Vice Presidents Steven Sohn and Geoff Stenger will discuss impacts of the LIBOR transition on bank credit agreements and derivatives, including LIBOR replacement alternatives, amendment options for existing agreements, and fallback rate calculations for LIBOR-based swaps.

Happy New Year and high hopes for a healthy, happy, and successful 2022; the one certainty is that it won’t be uneventful. Let’s kick off this year’s discussion with a level-setting...

We are heading into the holiday lull, but markets will continue to be buffeted by a host of competing events. Markets careen from one risk to another and key volatility indicators—like...