Costlier credit may delay Michigan hospitals’ construction projects
Detroit Free Press, October 8, 2008
Many Michigan health systems are likely to delay new construction projects that pour jobs and money into their communities, in a fallout from Wall Street's credit crunch. Faced with paying higher interest rates on bonds that help finance hospital projects and refinance costly older bond debt, some Michigan health systems are holding off on debt-refinancing plans until they see more stability in municipal bond markets. Others worry that losses on their investments may stall needed renovations and technology purchases.
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013
- How Digital Strategy Shapes Patient Engagement at Boston Children's Hospital
- CFO Exchange: Smartphones Poised to Disrupt Healthcare, Says Topol
- CNO on Hospital Redesign: 'You Can't Over-Communicate'
- Carondelet to Pay $35M to Settle Fraud Allegations
- Some Cancer Hospitals' Quality Data Will Soon Be Public
- CA Powers Up $80M HIE to 'Create Value in the Data'
- PA Ranks See 'Phenomenal Growth,' Lack of Diversity
- 3 Traits Personality Assessments Can't Reveal
- Cleveland Clinic Partners with North Shore-LIJ for Heart Care