Headwinds are increasing for higher ed institutions as we move into 2023. Colleges and universities share a common need to identify the path that leadership feels will best position the institution for long-term resiliency and growth.

When the nation is unprepared for catastrophic public health emergencies, the consequences are as real as they can get. As we saw with COVID-19, many people died while the country’s public health apparatus struggled to catch up, and America’s hospitals, jumped into the breach.

Rating downgrades exceeded upgrades for all three rating agencies in 2022. Below are five key takeaways: Downgrades covered a wide swath of hospitals including single site hospitals and...

As we move into 2023, hospital and health system leaders will need to bring the full range of available resources to bear against a continuing barrage of operating and financial headwinds.

The defining characteristic of 2023 is the multi-variable set of high-impact unknowns. The only way to push back is to bridge the management of scarce resources across the very different operating, financing, and investing functions that define every not-for-profit health system.

With 17 announced transactions, the fourth quarter of 2022 was one of the most active quarters we have seen since the COVID-19 pandemic began near the end of Q1 2020. Four of the 17...

Although hospitals have experienced difficult operating periods and volatile stock markets in the past, the simultaneous impact of these two forces in 2022 was a first in not-for-profit healthcare, creating a financial “twindemic” that drove many of the downgrades.

Hospitals experienced a slight increase in operating margins in November 2022—though margins remained negative for 2022 to date—according to the latest National Hospital Flash Report from Kaufman Hall.

In this summary of our Healthcare Leadership Conference rating agency panel, the agencies’ not-for-profit healthcare leaders address issues related to financial performance, covenant management, and ESG.

The healthcare marketplace continues to evolve, posing new challenges and creating new opportunities. So too do the affiliation models and affiliation partners that will best meet current and future needs.

Tuesday’s 7.1% CPI print was an improvement from October’s 7.7% and well off the 9.1% peak (so far) posted in June. 7.1% is not price stability and there remains a large gap to the Fed...

Partnerships between health systems and higher ed institutions can address the critical and growing need for health professionals and help both parties respond to evolving needs for new skills and capabilities, together building a broader and better health professional workforce.