ABSTRACT
Introduction ...................................................................................................................................... 82 Strategic Considerations in Capital Formation ................................................................................ 82
Risk ............................................................................................................................................. 82 Capital Capacity .......................................................................................................................... 83 Cost of Capital.............................................................................................................................84 Sources of Capital .......................................................................................................................84 Credit Ratings..............................................................................................................................85
Analysis of Hospital Credits ............................................................................................................87 Growth .........................................................................................................................................88 Market Position ........................................................................................................................... 89 Market De›nitions ......................................................................................................................90
