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The Current Credit Crisis: What's Happened, How Is It Impacting Your Hospital, and What Can You Be Doing to Respond?

Session #: 81815-xh
Presenter(s): Kenneth Kaufman
Session Length: 1hr. 00 min.
Event: HFMA 2008 Audio Webcast
Date: 4-30-08

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The 2007 subprime mortgage crisis has not been a problem in a small corner of the capital markets. Rather, it led to a complete meltdown in the auction-rate securities market, which tax-exempt hospitals and health systems have used extensively for variable-rate debt during the last decade. Healthcare organizations are now looking at different means to restructure and refinance their debt, including the issuance of fixed-rate paper. The laws of supply and demand are already affecting various financing vehicles.

As a hospital CFO, you need the answers to how to move through this turbulent credit market. There will be time for questions & answers with one of the top experts on the capital markets.



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