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Definition of 'Hospital Revenue Bond'
A type of municipal bond to support the construction of new hospitals or new equipment and upgrades for existing hospitals. The revenue created by the hospitals is then used to pay back bondholders. Generally, bondholders are paid only after the expenses of running the hospital are paid, creating risk for bondholders if the hospital is not as profitable as anticipated. Income received from a hospital revenue bond may be exempt from state, local and/or federal taxation.
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Investopedia explains 'Hospital Revenue Bond'
As their name suggests, revenue bonds are generally backed by the revenue that the specific project is able to generate. If this revenue is insufficient, municipalities have no obligation to use other funds to pay back bondholders. This means that revenue bonds typically command higher yields, since their default risk is greater than a general obligation bond. Ratings firms evaluate a revenue bond issue and assign a ranking indicating the probability that the obligation will be paid as scheduled.
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Search results for 'Hospital Revenue Bond'
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http://www.investopedia.com/articles/bonds/08/municipal-bond-insurance.asp
... want to travel so far to perform due diligence on municipal hospital facilities? ...
bond insurer at the time a bond is issued, GO and revenue bond issuers have ...
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http://www.investopedia.com/exam-guide/series-7/municipal-securities/default.asp
... 12.16 Revenue Bond Analysis; 12.17 Sources of Information. Chapter ... security, or muni,
is a bond issued by ... highway improvement, airport expansion, hospital or low ...
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http://www.investopedia.com/exam-guide/series-7/rules-regulations/public-communications.asp
... organization; A guest room at a hospital or eldercare facility; A pager or
mobile phone where the called party is charged for the call; ...
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http://www.investopedia.com/exam-guide/series-7/retirement/federal-estate-gift-tax.asp
... 12.16 Revenue Bond Analysis; 12.17 Sources of Information. Chapter 13 - 14: 13. ... Someone
else's tuition or medical expenses paid directly to a school or hospital; ...
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http://financialedge.investopedia.com/financial-edge/0709/Investing-In-The-Recovery-With-Build-America-Bonds.aspx
... eventually pay back the loans, but revenue over the ... Corporate or taxable bond holders
usually enjoy higher ... company's pension fund, the local hospital and the ...
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http://stocks.investopedia.com/stock-analysis/2008/The_Best_And_Worst_Of_August_28_ABK_CYBX.aspx
... led to questions regarding whether the bond insurance industry ... received 53% of its
revenue from Medicare ... Systems (NYSE:CYH), another hospital company, received ...
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http://www.investopedia.com/exam-guide/cfa-level-1/microeconomics/economic-technological-efficiency.asp
... 6.18 Revenue Recognition Effects on Cash Flows and Financial Ratios; 6.19 The ... Fixed
Income Investments: 14.1 Introduction; 14.2 Bond Features; 14.3 Basic Coupon ...
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http://www.investopedia.com/exam-guide/cfa-level-1/microeconomics/markets-concentration-measures.asp
... 6.18 Revenue Recognition Effects on Cash Flows and Financial Ratios; 6.19 The ... Fixed
Income Investments: 14.1 Introduction; 14.2 Bond Features; 14.3 Basic Coupon ...
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