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Leasing strategies reduce the cost of financing healthcare equipment.

Prospective payment has increased the importance of controlling capital costs. One area where this may be possible is lease financing. Reasons commonly cited in favor of leasing may be of questionable validity, but, under an easily identified set of circumstances, lease financing can be cost effective. Recent developments in finance make it possible to not only evaluate the financial attractiveness of a given lease, but also to accurately predict bounds within which the terms of the lease must fall. Hospital administrators armed with this information should be able to negotiate more favorable lease terms under given tax and economic environments.

Contract Services↗

Case studies in canonical stewardship.

In facing the challenges that confront Catholic health care today, it is important to know which civil law forms will assist in preserving the Church's ministry. The proper meshing of civil law and canon law thus provides a vehicle to strengthen the apostolate's work. The case studies presented here suggest several means of applying the principles in the new Code of Canon Law to three potentially problematic situations: the merger of a Catholic and non-Catholic hospital, the leasing of a Catholic hospital to an operating company, and the use of the multicorporate format.

Catholicism↗

Equipment leasing as a joint venture.

A lack of capital to expand programs, develop new facilities, and replace necessary equipment is a problem frequently confronted in today's medical group practices. Historically, many groups have offset some of the costs of growth by utilizing investment tax credits for depreciable equipment to provide tax shelters for group physicians. Due to recent tax court decisions, however, there is the possibility that many of these tax credits will be disallowed. In an effort to accomplish their original goal of purchasing equipment, passing through tax credits to individual physician partners, and obtaining financial resources at the best market rate, two California medical groups formed an equipment leasing partnership.

California↗

Reduce costs and generate revenue with telecommunications.

Financial managers are constantly faced with the pressures of running a cost efficient organization, and must look for new and innovative ways to reduce costs and generate revenue. Telecommunications can provide the financial manager with opportunities to save money and produce income. Ideas such as disposable or dispensible telephones, call tracking systems, and pay telephones can all become important steps to improving the financial health of an organization.

Cost Control↗