201107.05
0

Tax-Exempt Bank Loans Still an Option

By: Grant Ostlund and John E. Cheney (HFM July 2011) Introduction:  Over the past two calendar years, commercial banks have been a significant source of tax-exempt financing for healthcare organizations. Driven by an expanded definition of “bank-qualified debt” provided in the American Recovery and Reinvestment Act of 2009, commercial banks issued approximately $70 billion of…