How soon they forget. Throughout 2020 and 2021, the media was full of praise for hospitals and healthcare workers on the frontlines of the COVID-19 pandemic. When the pandemic was new...

With one out of every two hospitals expected to show an operating loss in 2022, presentations to the rating agencies in many cases need to focus more on the turnaround plan and less on...

We see a continued modest capital formation environment. Bon Secours Mercy issued approximately $400 million of tax-exempt debt in a very difficult market. The transaction got done, but...

The American Hospital Association has released a report that we prepared for them on the state of hospital finances—and the results are sobering. We are projecting 2022 to be the worst...

Not-for-profit healthcare issuance remains light across all public and private funding channels. Rates remain relatively attractive, but uncertainty about the depth and breadth of the...

With no end to inflation in sight, higher ed leaders must take a strategic approach to address a new economic reality. Here are nine options to consider for immediate, near-term, and longer-term action.

In the wake of 9/11, New York City hospitals have stepped up brilliantly to take care of thousands of patients affected by the World Trade Center attack.

Benchmark yield curves are flat to inverted but long rates remain historically attractive. Public market not-for-profit healthcare issuance is light, reflecting two previous years of...

It’s not all bad news when it comes to not-for-profit hospital financial performance. Some hospitals and health systems are navigating labor pressures and reporting improving results.

Gordon Gee, president of West Virginia University, sat down with the Kaufman Hall Higher Education team to reflect on his 42-year career as a university president and discuss the challenges facing higher education leadership today.

Public market not-for-profit healthcare issuance remains relatively light. There seems to be more activity in the private markets right now, but total external capital formation...

ESG scores from rating agencies reflect the risk that ESG issues will affect a hospital’s ability to earn cash flow and repay its debt, but are not “gold stars” for a sophisticated or well-considered ESG strategy.