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Biomedical subjects

J B Sterns

Publications and source records attributed to J B Sterns.

6 recordsLinked to original sources

A framework for evaluating capital structure.

This article describes the rationale for accessing variable rate debt and the appropriate amount. It explores historical interest rate relationships and explains the motivation for incurring variable rate debt during certain interest rate environments. The article also explores the risks of variable rate debt and the liquid resources needed for prudent asset-liability management. Finally, the article outlines the financial statement impact of using variable rate debt.

Capital Financing

Emerging trends in health care finance.

Access to capital will become more difficult. Capital access is dependent on ability to repay debt, which, in turn, is dependent on internally generated cash flows. Under any health care reform proposal, revenue inflows will be slowed. The use of corporate finance techniques to limit financial risk and lower cost will be a permanent response to fundamental changes to the health care system. These changes will result in greater balance sheet management, centralized capital allocation, and alternative sources of capital.

Capital Financing

Capital: the medical practice's life blood.

As physician organizations grow in size and stature, capital must be obtained for investment. One of the more common avenues is through either debt or equity. Some pros and cons of these sources are presented, along with some particular sources. In addition, examples of medical practices that have gone one route or the other are presented.

Capital Financing