Sterns J B
Ziegler Securities, Chicago, IL, USA.
J Health Care Finance. 1994 Winter;21(2):1-10.
Access to capital will become more difficult. Capital access is dependent on ability to repay debt, which, in turn, is dependent on internally generated cash flows. Under any health care reform proposal, revenue inflows will be slowed. The use of corporate finance techniques to limit financial risk and lower cost will be a permanent response to fundamental changes to the health care system. These changes will result in greater balance sheet management, centralized capital allocation, and alternative sources of capital.
获得资本将变得更加困难。获得资本取决于偿还债务的能力,而偿还债务的能力又取决于内部产生的现金流。在任何医疗保健改革提案下,收入流入都会放缓。运用企业融资技巧来限制财务风险并降低成本将是对医疗保健系统根本变化的一种长期应对措施。这些变化将导致更强的资产负债表管理、集中化的资本配置以及资本的替代来源。