Kennedy Health System Issues $66M in Bonds for Refunding, Financing New Projects

Kennedy Health System, based in Cherry Hill, N.J., has issued $66 million in bonds that will be use for refunding of Series 1997 A and Series 2001 bonds and financing approximately $20 million in new projects.

Advertisement

Lancaster Pollard, a national healthcare financial services firm, served as senior underwriter of the bonds.

More on Kennedy Health System:

New Jersey’s Kennedy University Hospital Unveils $5.7M Neurosurgery Suite
New Jersey’s Kennedy Health System Names Gary Terrinoni CFO

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Financial Management

  • Baylor College of Medicine and Texas Children’s Hospital established an affiliation more than 70 years ago in the Texas Medical…

  • Fitch revised Ontario, Calif.-based Prime Healthcare Services’ outlook to positive and affirms its “B” rating.  The revised outlook reflects Fitch’s…

  • Brentwood, Tenn.-based Lifepoint Health, a health system owned by private equity firm Apollo Global Management, has largely grown over the…

Advertisement

Comments are closed.