News

2013 Interest Rate Outlook
12/11/2012

2013 Interest Rate Outlook

Just as the preparation for Y2K caused much concern as users of technology scrambled to ensure that their systems remained viable after the clock turned to a new millennium, the run up to the fiscal cliff created equal apprehension. Almost all interested parties, including politicians, economic theorists, corporate entities, investors and consumers, expected a painful fall from the fiscal cliff. Some observers even connected the Mayan calendar prediction of the end of time and the fiscal cliff. 

Medicare Audits: Protecting Against Adverse Financial Impact
10/11/2012

Medicare Audits: Protecting Against Adverse Financial Impact

The Institute of Medicine, a branch of the National Academy of Sciences, released a report dated Sept.13, 2012 asserting the U.S. health-care system wastes about $750 billion each year due to overpayment, poor billing practices and inaccurate diagnosis.

Health-Care Reform: The SCOTUS Ruling’s Impact on Providers
8/5/2012

Health-Care Reform: The SCOTUS Ruling’s Impact on Providers

In late June, the Supreme Court of the United States (SCOTUS) narrowly ruled that the Patient Protection and Affordable Care Act, commonly referred to as the Affordable Care Act or ACA, was for the most part constitutional. Now that the high court has green lighted this major reform of the nation’s health-care system, we have some answers but just as many questions regarding its impact on providers.

Financial Fitness: A Well-Rounded Credit Profile Improves Access to Capital
6/5/2012

Financial Fitness: A Well-Rounded Credit Profile Improves Access to Capital

In today’s low interest-rate environment, debt financing should be top of mind for organizations. Efficient access to debt capital is imperative in order to expand and to renovate. One of the most important and often neglected factors when accessing debt capital is maintaining a balanced or well-rounded credit profile, especially between financings.

The Territory Ahead: Accountable-Care Organizations Under Health-Care Reform
4/5/2012

The Territory Ahead: Accountable-Care Organizations Under Health-Care Reform

The Patient Protection and Affordable Care Act, more commonly referred to as the Affordable Care Act (ACA), has driven the recent health-care reform in this country as well as the controversy among business and government officials as to whether it will ultimately generate a positive outcome for the health-care industry. Regardless of the anticipated outcomes, all agree that its effects will be widespread.

2012 U.S. Interest Rate Outlook
2/5/2012

2012 U.S. Interest Rate Outlook

Since 2008, the Federal Reserve has implemented a number of unusual monetary policy measures due to the financial crisis and its aftereffects. As a result, interest rates have declined to levels at or near historical lows; however, many investors and borrowers are now focused on the following question: What is the outlook for interest rates in 2012?

Making the Grade: Choosing the Right Rating Agency
10/5/2011

Making the Grade: Choosing the Right Rating Agency

You’ve decided to fund your next capital project with a rated bond issue. Your next step is to decide which credit rating agency (CRA) to use. Now the dilemma: how do you pick the one that will get you the lowest cost of capital?

Opportunity Knocking: Taking Advantage of Low Short-term Interest Rates
6/5/2011

Opportunity Knocking: Taking Advantage of Low Short-term Interest Rates

As an old Chinese proverb says, “Crisis can be used as an opportunity by some.” While the U.S. debt drama played out amid a sharp economic slowdown resulting in market turmoil, short-term interest rates have been at an all-time low and may continue to be so through mid-2013, according to a recent release by the Federal Open Market Committee.

Multi-Tracking: Simultaneous pursuit of financing options saves time, money
4/5/2011

Multi-Tracking: Simultaneous pursuit of financing options saves time, money

Borrowers have recently experienced numerous and varied reasons to change capital funding routes in mid-financing. From the sudden collapse of the auction-rate bond market to major increases in bank letter of credit pricing, formerly viable funding options have been derailed on the way to the closing table.

What Should Be In Your Obligated Group?
1/5/2011

What Should Be In Your Obligated Group?

Multi-facility or multi-asset organizations faced with issuing or refinancing debt have an opportunity not afforded to stand-alone facilities: the ability to become greater than the sums of their individual parts.