Search Sort by Newest to OldestOldest to NewestRelevanceA-ZZ-A Pagination Current page 1 Page 2 Page 3 … Next page › Last page Last 2025 Healthcare Credit and Capital Markets Outlook Despite overall industry improvements for not-for-profit health systems, the divide between stronger and weaker performers continues to increase. Other challenges to the sector include the still-challenged labor market, the continued difficult payer environment and potential policy changes from the new Trump administration. Article Pace of Downgrades Slowed in 2024: Five Key Takeaways Downgrades continued to outpace upgrades in 2024 although at a lower rate than in 2023. Many of the downgrades reflected ongoing expense pressure that exceeded revenue growth. Rating affirmations remained the majority rating action in 2024, as in prior years. Blog Rating Agency Update: Supplemental Funding Programs, Cybersecurity, and Industry Outlooks Supplemental funding programs, cybersecurity risks, and industry outlooks were the themes of this year’s Therese L. Wareham Rating Agency Panel at the 2024 Kaufman Hall Healthcare Leadership Conference. Article Hospital Industry Enterprise Growth Strategy A growth strategy focused on access, accretive opportunities, and ambulatory represents a new “Triple A” for hospitals and health systems. Blog Stronger Hospital Financial Performance Continues 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. Blog Can One Drug Change the Hospital Industry? 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? Blog The Importance of Humility and a Memorable, Forgettable Rating Meeting 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. Blog Steward Files for Bankruptcy and It Feels All Too Familiar 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. Blog Days Cash on Hand Does Not Tell the Full Liquidity Story 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. Blog The Change Healthcare Cyberattack: A Risk Perspective for CFOs and Treasurers 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. Article Rating Agency Upgrade an Downgrade Decisions 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. Blog 2024 Rating Agency Spring Webinar Watch an engaging discussion with Moody’s, Fitch and S&P on their latest industry outlooks, rating activity through early 2024 and what this means for the sector. Webinar Pagination Current page 1 Page 2 Page 3 … Next page › Last page Last
2025 Healthcare Credit and Capital Markets Outlook Despite overall industry improvements for not-for-profit health systems, the divide between stronger and weaker performers continues to increase. Other challenges to the sector include the still-challenged labor market, the continued difficult payer environment and potential policy changes from the new Trump administration. Article
Pace of Downgrades Slowed in 2024: Five Key Takeaways Downgrades continued to outpace upgrades in 2024 although at a lower rate than in 2023. Many of the downgrades reflected ongoing expense pressure that exceeded revenue growth. Rating affirmations remained the majority rating action in 2024, as in prior years. Blog
Rating Agency Update: Supplemental Funding Programs, Cybersecurity, and Industry Outlooks Supplemental funding programs, cybersecurity risks, and industry outlooks were the themes of this year’s Therese L. Wareham Rating Agency Panel at the 2024 Kaufman Hall Healthcare Leadership Conference. Article
Hospital Industry Enterprise Growth Strategy A growth strategy focused on access, accretive opportunities, and ambulatory represents a new “Triple A” for hospitals and health systems. Blog
Stronger Hospital Financial Performance Continues 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. Blog
Can One Drug Change the Hospital Industry? 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? Blog
The Importance of Humility and a Memorable, Forgettable Rating Meeting 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. Blog
Steward Files for Bankruptcy and It Feels All Too Familiar 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. Blog
Days Cash on Hand Does Not Tell the Full Liquidity Story 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. Blog
The Change Healthcare Cyberattack: A Risk Perspective for CFOs and Treasurers 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. Article
Rating Agency Upgrade an Downgrade Decisions 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. Blog
2024 Rating Agency Spring Webinar Watch an engaging discussion with Moody’s, Fitch and S&P on their latest industry outlooks, rating activity through early 2024 and what this means for the sector. Webinar