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GLG News by Real Estate Financial Statement Analysts

Richard Baland, Partner
Richard Baland, Partner
B2B CFO
Analysis of: Stark Offers Bill to Hasten e-record Adoption (modernhealthcare.com)
This will soon be the best time in history to be selling Healthcare IT software and services. More money will be spent in the next three years than ever before. It may not be the best time for the staff at many hospitals. The staff are woefully unprepared for a quantum leap in Healthcare Technology
Analysis of: Centex To Implement Energy Efficiency Program In All Homes (money.cnn.com)
- Centex scrapped cutting edge solar panel program in Naples Florida community last year due to expense. - This was after a hand shake agreement with local environmentalist Clyde Butcher to provide solar to Naples community in exchange for his endorsement. - A hand full of houses were completed...
Richard Baland, Partner
Richard Baland, Partner
B2B CFO
Analysis of: University Hospitals in Cleveland makes aggressive refinancing move (blog.cleveland.com)
Increasing interest rates and debt service, a Decrease in available cash, a Migration to more fixed rate borrowing and appeals to state governments for assistance, a delay in physical plant additions/upgrades
Richard Baland, Partner
Richard Baland, Partner
B2B CFO
Analysis of: Aging Baby Boomers Will Drive Demand for Healthcare Properties Over Next Decade, Grubb & Ellis Report Reveals (www.bio-medicine.org)
For one reason, this industry has outperformed the commercial average for the most recent eight years. Secondly, demographics are driving medical services. More of the population is aging. People are living longer. And Medical technology is improving at a rate that provides new and better healthcare...
Richard Baland, Partner
Richard Baland, Partner
B2B CFO
Analysis of: Operator of Walk-In Clinics Shuts 23 Located in Wal-Mart Stores (www.nytimes.com)
Yes, WalMart has a large pool of patients. And there are competitive advantages with regard to the convenience of a pharmacy and over the counter remedies. However, having patients is only one piece of the puzzle. The business of medicine is more complex than merely having patients or customers.
Analysis of: Hedge funds assess exposure to banks (www.ft.com)
Institutional investors must ask hedge funds how they are assessing counterparty risk and what that means in terms of collateral management.
Richard Baland, Partner
Richard Baland, Partner
B2B CFO
Analysis of: Medicare | Some Hospices Forced To Repay Medicare for Exceeding Reimbursement Limits as Patients Live Longer Than Expected (www.kaisernetwork.org)
The government has paid hundreds of millions less as a result of these measures. Now, the government has targeted the Hospice industry. Of course, there is no physician that can predict how long a patient will live. Physicians sign orders for Hospice patients that are terminal. The physician cannot...
Richard Baland, Partner
Richard Baland, Partner
B2B CFO
Analysis of: Crouse Hospital's Turnaround Shows There's Hope For Distressed Hospitals (www.hfma.org)
Board restructuring, Implementation of appropriate information systems, Productivity and staffing, Debt restructuring, Revenue cycle improvements, Supply expense reductions, New contracts and capital equipment approval processes are the Turnaround areas that scorecards...
Analysis of: In Major Projects, Agreeing Not To Disagree (www.nytimes.com)
1. Plan sponsors should take a leadership role in promoting best practices and good pension governance. 2. Pension fiduciaries should embrace accountability and transparency. 3. Arguments against excessive government regulation apply today as well as they did fifty years ago when Atlas Shrugged was...
Richard Baland, Partner
Richard Baland, Partner
B2B CFO
Analysis of: Improving Emergency Department Copay Collection (wiki.hmccentral.com)
The first step is to find out what copays are in the Emergency Room. A simple Excel spreadsheet needs to be developed showing what Medicare, Medicaid, Commercial insurance and managed care companies require as a copay. The second step is to communicate to the Admissions department, insurance department;...

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