At the J.P. Morgan Healthcare Conference, hospital leaders focused on showcasing the billions of dollars they have in cash and investment reserves, a message that contrasts their plea for more funding to Congress. Nonprofit health systems are trying to appeal to investors by highlighting their financial strength and resilience. Jefferson Health’s CFO expressed gratitude to debt holders and touted their undervalued investment. They can’t rely on patient care to demonstrate financial prowess since they are barely breaking even or losing money in that area. This approach allows them to convey their stability and attractiveness as an investment.
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At JPM 2024, hospital systems pitch financial strength to investors
