Healthcare investment strategies require flexibility, since marketplace dynamics can make spending needs unpredictable. With investment strategies often supporting multiple objectives, Hirtle Callaghan works with healthcare providers to develop investment strategies that complement operating and financial characteristics, capital plans and debt service obligations to support their overall objectives.
Broadly diversified asset-allocation policies, including alternative assets, can help healthcare institutions improve the likelihood of achieving long-term return targets with an acceptable level of portfolio volatility. While the increased complexity of these portfolios requires additional investment expertise, the long-term benefits to the institution's financial strength can be substantial.