Explore Kaufman Hall’s Capital Playbook for health systems, a guide to prioritizing investments, optimizing funding strategies, and strengthening financial resilience in a shifting healthcare environment.

Hospital rating downgrades declined in 2025 while the number of upgrades increased, resulting in a lower ratio of downgrades to upgrades and tempering higher downgrade activity in recent years.

The latest Kaufman Hall Report includes highlights from the annual Healthcare Leadership Conference.

Kaufman Hall’s 2025 Summer Rating Agency Update offered an early look at how the newly enacted One Big Beautiful Bill (OBBB) could reshape hospital credit profiles.

The latest Kaufman Hall Report includes a short case study on Geisinger’s utilization management transformation as well as a short interview with Columbia Memorial's CEO on a rural...

A unique rural-academic partnership has enabled a critical access hospital to significantly expand access to services. At the same time, careful financial planning has supported debt issuance for a state-of-the-art facility for the community.

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.

Recently, Erik Swanson and Robert Turner joined the Reorg podcast with reporter Hoa Nguyen to explore hospital financial performance and healthcare financing trends through the rest of 2023.

With limited sources of funding, hospitals and health systems rely on financial reserves to maintain their financial stability and support their growth. These reserves ensure that hospitals and health systems can continue to serve their communities through good times and bad.