212859 Financial crisis and the economy

Tuesday, November 10, 2009: 2:30 PM

William Lang, PhD , Research Department, Federal Reserve Bank of Philadelphia, Philadelphia, PA
The link between the financial crisis, the freezing of credit, and the role of the public sector will be discussed to provide the audience with the requisite background of the current economic situation. Since health care is an important component of the US economy, specific examples of how the credit crunch affects public health will be explored.

Learning Objectives:
1. Assess the role of banks in the health care/hospital industry 2. Discuss the role of bond ratings in expanding public hospital services 3. Evaluate the economic recession on the public hospital market – specifically how increased demand for services are met with a decreased supply of services.

Presenting author's disclosure statement:

Qualified on the content I am responsible for because: I have extensively published in the areas of finance, risk, and macroeconomics as well as serving as the Vice President of Research for several years.
Any relevant financial relationships? No

I agree to comply with the American Public Health Association Conflict of Interest and Commercial Support Guidelines, and to disclose to the participants any off-label or experimental uses of a commercial product or service discussed in my presentation.