Search Sort by Newest to OldestOldest to NewestRelevanceA-ZZ-A Pagination Current page 1 Page 2 Page 3 Next page › Last page Last Managing ratings as Medicaid reimbursement faces cuts Possible limitations on state directed payment programs could have a significant impact on many hospitals’ bottom line. Organizations should act now to model the impact and identify steps that could help mitigate it. Blog 10 Key Takeaways from the 2025 Spring Rating Agency Webinar The impact of federal policy changes on not-for-profit healthcare was the focus of Kaufman Hall’s 2025 Spring Rating Agency update. Our panelists from Fitch, Moody’s and S&P Global discussed potential cuts to the Medicaid program, site neutral payments, the tax-exempt status of private activity bonds and tariffs and supply chain challenges. Blog 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 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 Thoughts on Servant Leadership A servant leader needs to be intellectually curious and strive to learn more from their employees as they lead. Every moment spent with caregivers and colleagues is a learning and a teaching moment. 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 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 Three Must-Haves for Every Rating Presentation How you tell the story of your organization is as important as the story itself. Paying attention to three key themes will help ensure that your best voice is being heard in rating committee. Blog Pagination Current page 1 Page 2 Page 3 Next page › Last page Last
Managing ratings as Medicaid reimbursement faces cuts Possible limitations on state directed payment programs could have a significant impact on many hospitals’ bottom line. Organizations should act now to model the impact and identify steps that could help mitigate it. Blog
10 Key Takeaways from the 2025 Spring Rating Agency Webinar The impact of federal policy changes on not-for-profit healthcare was the focus of Kaufman Hall’s 2025 Spring Rating Agency update. Our panelists from Fitch, Moody’s and S&P Global discussed potential cuts to the Medicaid program, site neutral payments, the tax-exempt status of private activity bonds and tariffs and supply chain challenges. Blog
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
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
Thoughts on Servant Leadership A servant leader needs to be intellectually curious and strive to learn more from their employees as they lead. Every moment spent with caregivers and colleagues is a learning and a teaching moment. 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
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
Three Must-Haves for Every Rating Presentation How you tell the story of your organization is as important as the story itself. Paying attention to three key themes will help ensure that your best voice is being heard in rating committee. Blog