SureAN FRANCISCO – Hospital leaders spent a superb portion of their time on stage on the JP Morgan Healthcare Convention speaking about their billions in money and funding reserves.
It is a decidedly totally different message than the one they convey to their communities or Congress once they push for extra funding. However on the high-profile well being care trade convention right here, nonprofit well being programs should persuade traders of their message of energy and resilience. And since they definitely cannot do it by specializing in affected person care (an space the place they barely break even or lose cash), money and investments are the best way to do it.
“For these of you who’ve our debt, taxable and tax-exempt, thanks,” John Mordach, Jefferson Well being’s chief monetary officer, mentioned throughout his presentation Tuesday. “For many who do not, I feel we’re an important undervalued funding and we get an important return.”