For hospitals, debt parade hasn't stopped--yet
Patient Financial Services Weekly Advisor, December 7, 2007
As the credit crunch facing much of the economy refuses to fade, and in fact grows stronger, one sector seems somewhat immune. You guessed it: healthcare. While consumers and even banks seem to need a fresh infusion of capital that isn't coming, hospitals and healthcare companies are finding the spigot is still open--if a little more pricey.
While the price of money may have risen, at least hospitals can get it. Homeowners and many corporations that need debt are going wanting. But as our politicians and celebrities remind us ad nauseam through their actions, just because you can do something doesn't necessarily mean you should.
To read the full story in Healthleadersmedia.com, click here.
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