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A.M. Best
A.M. Best Special Report: Investments Move to Cash and Short Term as Pressures Mount
November 14th, 2008
As U.S. not-for-profit hospitals and healthcare systems continue to be pressured for funds to support costly health information technology, facilities upgrades and maintenance, and the increasing demand for charity care and other types of community services, they are focusing more attention on managing and rebalancing their investment portfolios. Investment income typically has been viewed as an extra source of funding for various expenditures in a hospital's capital budget, supplementing cash generated from operations. As cash collections continue to be pressured, however, investment cash flow has become an important source of capital. -- Between 2004 and 2007,...
Source: Health Business Week (2008-11-14)
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