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Biomedical subjects

J Nemes

Publications and source records attributed to J Nemes.

At least 271 records · Page 15Linked to original sources

Dealing with the authorities.

Tax-exempt bond financings, inherently complex transactions, can become even more complicated, cumbersome and costly as hospitals come to terms with restrictive policies imposed by some state financing authorities. Executives also find they sometimes get caught in authorities' political machinations that may have little to do with the business of the municipal bond markets.

Capital Financing↗

AmHS' pooled financing plan has other alliances looking on with interest.

The potential for big savings through a tax-exempt pooled financing program developed by American Healthcare Systems has other alliances looking on with interest. Such a vehicle can offer savings by consolidating a system's multistate borrowings under one financing authority. While the program's lead banker declined to name the alliances showing interest, SunHealth Corp. is in the early stages of assembling its own program.

California↗

System cuts costs by providing its own credit enhancement.

While many hospitals are facing increasing costs when obtaining letters of credit from commercial banks, one hospital system has found a way around those expenses. In a recent $35 million borrowing through variable-rate bonds, St. Joseph Health System in Orange, Calif., used its own strong cash flow and liquid investments as the underlying credit enhancement on the bond issue.

California↗

Health futures await approvals, full roster.

Regulatory hurdles and difficulty recruiting insurance company participants have delayed the Chicago Board of Trade's hot new health insurance futures and options contract. The new product, which is being touted as a risk-management tool for hospitals, was scheduled to begin trading Oct. 1. Now the launch date has been postponed until mid-1992 because the final product isn't ready.

Illinois↗

U.S. hospital chains retreat from Europe.

With trade barriers expected to be lifted in Europe next year, many American companies have been beating a path overseas to position themselves for expansion. But not U.S. hospital chains. While pharmaceutical and hospital supply firms have made significant inroads overseas, hospital companies are choosing to divest their foreign facilities, citing obstacles to market penetration.

Economic Competition↗