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  2. Operations and investments

    Not-for-profit hospitals and health systems have essentially two sources of funding: they either earn revenue from operations and investments (providing patient services makes up most of this revenue) or they borrow funds through issuance of debt in the bond markets or other forms of borrowing (e.g., bank lines of credit). 1 Unlike for-profit organizations, they do not have access to equity markets.
    www.aha.org/guidesreports/2023-04-19-essential-role-financial-reserves-not-profit-healthcare
    www.aha.org/guidesreports/2023-04-19-essential-role-financial-reserves-not-pro…
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