Developing and implementing a comprehensive debt management policy
Sussman, J.H.; Louge, M.W.; McKeown, R.J.
Healthcare Financial Management Journal of the Healthcare Financial Management Association 60(8): 80-86
2006
ISSN/ISBN: 0735-0732 PMID: 16927499 Document Number: 595389
A debt management policy should be considered an essential part of a hospital's comprehensive approach to balance sheet management. Management and the board should be educated regarding capital structure management benefits and risks. The debt management policy should outline the policy statement and purpose, scope of authority and responsibilities, analytical requirements, approved financial products, and specific debt and derivatives policies.