The low rates are making it easier for non-profit hospitals to borrow, and possible reasons for the low-interest indices include involvement from the Treasury Department, strong demand from investors and high returns from municipal bonds.
“Combined with a noticeable compression in credit spreads over the last few months, the low benchmark rates are sure to help not-for-profit borrowers of every stripe — not just hospitals — lock in what may be remembered for years to come as an absurdly low cost of capital,” according to the report.
More Articles on Hospitals and Municipal Bonds:
West Penn Bondholders Demand More Disclosure
Hospital, Healthcare Bonds Yielding Highest Returns in 3 Years
Reviewing This Summer’s Hospital Bond Markets: Q&A With Pierre Bogacz, Co-Founder of HFA Partners
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit