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Biomedical subjects

B K Andrew

Publications and source records attributed to B K Andrew.

2 recordsLinked to original sources

Developing and implementing an investment strategy.

Establishing a network or expanding a practice to take advantage of the managed care market requires finding ready sources of capital. Once you have found your capital, however, what do you do with it? A sound investment strategy is necessary to ensure that the organization meets its financial goals. In this day and age, a strong balance sheet is increasingly important to medical groups and their capital providers. Starting with a review of your group's cash management systems, this article presents how to establish an investment strategy. The process includes reviewing historical financial information, developing an investment policy and using outside investment management (if needed).

Capital Financing↗

New accounting rules: asset allocation and portfolio management.

New accounting rules went into effect at the end of 1995 that are now starting to affect how medical practices must report income from equity and fixed income investments. This article explores the new accounting rules and considers the other factors that help practices determine investment strategies, including desired investment return, comfort with level of risk, appropriate time horizons, liquidity needs and legal restrictions. The author also presents an example that examines the different considerations that may affect an asset allocation decision, including endowments and operating reserve funds.

Accounting↗