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Article: Developing an RFP for outsourcing investment management. (request for proposal)
- Article from:
- Healthcare Financial Management
- Article date:
- July 1, 1997
- Author:
CopyrightCOPYRIGHT 1997 Healthcare Financial Management Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Healthcare organizations normally employ conservative investment strategies for their excess funds and may be reluctant to change their practices. Such conservative strategies as investing solely in short-term treasury bonds and money market instruments can be costly to an organization, however, because of the lost opportunity costs on funds that may remain in a portfolio for several years.
While many healthcare organizations need to implement new strategies to help them maximize the return on their investments, they may not have the in-house expertise needed to explore new options. One method to structure an organizational investment program is to out-source the ...