Biomedical subjects
Publications and source records attributed to M A Lightle.
Small and rural hospitals that have financed capital projects successfully have built a strong base of public support among the local community and regulators, and they have been willing to risk failure to achieve their goals. An open mind, community involvement, and participation of experienced professionals are essential to a successful financing.
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Small hospitals must explore as many sources of capital financing as possible to select ones that are most appropriate for their special capital needs.
Analysts from Standard & Poor's Corporation and Moody's Investors Service, Inc., discuss some of the factors they consider in rating hospital bonds.
If the board exercises control in investment management, trustees can balance conflicting demands between current cash needs and their fiduciary obligation to preserve capital. Appropriate organization, establishment of investment goals, and implementation of procedures to monitor investment performance all are necessary elements of control.