funding news from FierceHealthFinance
News
Rush U. gets ratings upgrade, helping $400M debt issue
Rush University Medical Center got some great news as it geared up to issue $400 million in debt to help fund its $1 billion capital spending campaign. Last week, ratings agency Moody's Investors... Read more...
ALSO NOTED: Hospital prices up, physician office prices down; Almost Family plans IPO; and much more...
> According to the latest Bureau of Labor Statistics numbers, wholesale hospital prices rose 0.5 percent in March, while wholesale prices for physician office services dropped 1.6 percent. Read more...
Painful cash crunch leaves few good options
Painful cash crunch leaves few good options Wow, things are still painful out there. Even if your facility had auction-rate bonds outstanding, and managed to bail out of them successfully, you're... Read more...
FHA financing program seeks higher profile
For 40 years, a Federal Housing Administration program has existed to help hospitals with decent--but not great--financial profiles to obtain financing for new facilities, upgrades of existing... Read more...
Case study: NJ hospital refinances bond debt
Want to know how much it costs to bail out of the imploding auction-rate bonds market? For one New Jersey hospital, the price tag was $16 million. The Hackensack Medical Center received permission... Read more...
Time to take IT infrastructure seriously
If two recent studies are to be believed, the industry may be on a collision course between IT's need for nuts and bolts hardware and clinicians' need to document, manage and improve clinical care. ... Read more...
Trend: Finance firms want to finance patient debts
Last year, a scandal blew up when the public learned how Arkansas-based Hot Spring County Medical Center had handled the medical debt incurred by a truck-stop waiter. In an effort to boost its cash... Read more...
Case study: NY hospital drops pharma CME funding
Think you can't afford to drop pharmaceutical company funding for continuing medical education? Perhaps executives at Memorial Sloan-Kettering Cancer Center had the same fears, but if so, they got... Read more...
