GNYHA is carefully monitoring the activities in the credit markets and the impact on hospitals’ access to capital, both short term and long term, as well as other implications for health care financing. GNYHA is consulting with experts in financial markets and State and Federal agencies to develop innovative proposals to ensure financial stability for its members. For example, GNYHA recently proposed reinvigorating the goals and principles of the Hospital Survey and Construction Act, or Hill-Burton Act, to provide grants or low-cost loans to hospitals that are unable to access capital. For decades, the Hill-Burton Act provided critically needed grants and low-cost loans for hospital construction and modernization, with “need” being defined within the context of each state. GNYHA will continue its work with legislative leaders and financial experts to continue to find innovative solutions to these issues.