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One simple way to improve the cash flow of your nursing home

One simple way to improve the cash flow of your nursing home

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One of the most common ways to improve the cash flow of a nursing home is to ask vendors for 30-day payment terms.

Gemino announces $8M line of credit to CA facility

Gemino Healthcare Finance announced it will provide an $8 million secured revolving line of credit to Providence Group, Inc. The credit will be used to pay off debt and for working capital purposes.

Nonprofit healthcare sector not as affected by rating downgrades, S & P claims

Nonprofit healthcare sector not as affected by rating downgrades, S & P claims

Standard & Poor's has said that its downgrade of the long-term sovereign rating on the United States will not have a significant impact on ratings in the nonprofit healthcare sector. However, the ratings agency said it is growing increasingly concerned about government reimbursement to healthcare providers long-term.