All Featured Insights

Favorable execution levels for basis swaps can emerge quickly, and last for a short period of time. Health systems that have laid the groundwork for execution of a basis swap are positioned to promptly take advantage of what may be a short-lived opportunity.

Midway through 2024, we are seeing a sustained trend of stronger performance. Revenue and expense trends and length of stay will be indicators for the months ahead, but for now, good planning and tough decisions are translating into better results.

Because it has been so long since we have experienced a rate environment that provides for noticeable earnings, the art of generating excess earnings from cash assets may have gone dormant in the minds and busy days of treasurers. If so, it is time to bring that art back to life.

The new generation of weight-loss drugs has the potential to help reduce prevalence of obesity and Type 2 diabetes, two of the most prevalent chronic conditions. How might that affect hospital operations and capital and financial planning?

Watch an engaging discussion with Moody’s, Fitch and S&P on their latest industry outlooks and hear top-of-mind topics including cyber preparedness, financial performance and capital spending as we head into the second half of the year, and contemporary strategies for long-term sustainability.

Rating meetings should include a meaningful discussion of notable achievements along with a frank, no-spin discussion of the risks the organization is facing. This balance will build credibility with the rating analyst and, ultimately, the rating committee.

Terri Wareham and Bobby Bruning joined a Finance, Administration & Operations Group (FAOG) webinar, where they highlighted best practices and key considerations for an investment consultant search process.

Steward Health Care’s recent Chapter 11 bankruptcy filing is one of the largest health system bankruptcies in recent memory. Although Steward is a for-profit system, there are important lessons that not-for-profit health system leaders can learn from the Steward bankruptcy.

A year after Silicon Valley Bank’s collapse—and on the heels of the Change Healthcare cyberattack—the issue of counterparty risk has new urgency. While not all risks can be anticipated, there are focus areas specific to different sectors that can help provide a fuller view of risk.

While days cash on hand is a pillar liquidity ratio for healthcare, liquidity is an equally important concept. There is a difference between wealth and liquidity, and recent events have demonstrated the growing importance of the latter.

The Change Healthcare cyberattack is a reminder of the need to prepare for future risk events. Organizations should ensure adequate and diverse liquidity sources and allocate certain assets in the investment portfolio to protect and preserve their core mission.

Upgrades and downgrades reflect the realities of what ratings are intended to do, which is to reflect the rating agency’s best assessment of an organization’s performance for investors. Upgrades must be earned and downgrades may happen quickly, but affirmations are most typical.