Exploring Financing Options as Healthcare Reform Unfolds
By: Gary Litvak, CPA, CFE
The Patient Protection and Affordable Care Act (ACA) is putting healthcare organizations between a rock and a hard place, introducing requirements meant to improve quality care, while also mandating reduced spending. Among the Affordable Care Act's challenges, healthcare providers must find sources of funding for equipment, technology improvements, and working capital needed to succeed under emerging value-based payment models. While many opportunities exist for lending institutions to invest, they must be aware of potential pitfalls surrounding reimbursement deductions and penalties.