Hospitals investing in Wall Street to shore up finances

2015-04-03T21:24:47-07:00April 3rd, 2015|Categories: Pension Funding|Tags: , , |

With regulation and competition increasing pressure on hospitals, hospital finance execs are turning more than ever to Wall Street to add stability to their balance sheets. The importance chief financial officers are placing on investments represents a major shift in the past 10 years, said Sheila Noonan, managing director and a senior client advisor for JPMorgan Asset Management in Chicago. Noonan said the first question CFOs are asked is whether their investment strategy is aligned with organization objectives. This [...]