How the Credit Crunch Is Affecting the Healthcare Industry

Guest: Craig T. Standen, MBA

Craig Standen, senior vice president of Ziegler Healthcare's finance team, reports to host Dr. Larry Kaskel the effects of the capital crunch and sub-prime debacle on hospitals and healthcare systems, and ultimately physicians. Mr. Standen explains how many hospitals and private practices began to depend on cheap credit that is no longer available, and have halted capital expenditures and reduced expenses accordingly in order to deal with the limited access to cash. Tune in to hear Mr. Standen's comments on the effects of the crisis on hospitals, smaller practice groups, and patients, as well as strategies for managing internal cash flow, and how this may impact access to care.