Not-For-Profit Specialists — Health care
CONTACT US
Chris Adkerson
Endowment Practice Leader
+1 314 982 5717
Russ LaMore
Foundation Practice Leader
+1 314 982 5680
Michael Ancell
Healthcare Practice Leader
+1 314 982 5709
Michael Pompian
Private Wealth Practice Leader
+1 314 982 5701
HEALTH CARE INVESTMENT ADVISORY SERVICES
As a trusted advisor and recognized industry leader we partner with health care providers to make essential investment strategy decisions.
Health care providers face a challenging environment. Mercer understands the importance of integrating the investment process and investment portfolio(s) construction with a health care system's comprehensive financial plan.
As of December 31, 2013 |
OUR SERVICES
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SPECIALIST TEAM
Mercer has established a dedicated heath care practice to develop a well rounded understanding of the issues our health care clients encounter. Addtionally, Mercer has a Health Care Strategic Research Team, comprised of experienced investment consultants, tasked with developing health care focussed research and intellectual content.
We have provided health care providers strategic advice on the following investment portfolios:
- Operating/corporate endowed assets
- Foundation and endowed assets
- Self insurance trusts
- Offshore captives
- Defined benefit plans (active, soft closed, and frozen)
- Defined contribution plans
DIFFERENT PORTFOLIOS, CONSISTENT INVESTMENT APPROACH
Our forward looking, valuation-based approach to portfolio construction and risk acceptance is the backbone of our investment philosophy. It helps our clients achieve more consistent risk-adjusted portfolio results over time.
While each investment portfolio has its own return objective and risk constraints, comprehensive planning considers how portfolios may impact each other. More importantly, it should integrate each portfolio into the organization's long term financial strategy.
MERCER CAN HELP
Mercer's health care team helps health care providers develop investment strategies that complement operating and financial objectives. We work to carefully evaluate key investment trade-offs that can help improve the likelihood that investment returns enhance balance sheet strength, fund growing capital investment needs, support operating budgets or improve defined benefit plan's funded status.
RISK/RETURN CONSIDERATIONS
Operating investable assets often have competing near-term investment goals, which increases the difficulty of identifying the investment time horizon. Other factors for consideration include the strength and predictability of operating cash flows, the flexibility of capital spending plans, and the level of operating income support to be provided by investment returns. We work with clients to determine the appropriate investment strategy given competing objectives and highlight the advantages and disadvantages of each strategy.
HEALTH CARE PROVIDER INVESTMENT RISK TOLERANCE MATRIX
PUBLICATIONS
Top Investment Steps Not-For-Profit Healthcare
Mercer’s dedicated health care practice, which partners with health care institutions to integrate investment strategy with operating and financial objectives, has identified 10 investment steps not-for-profit healthcare organizations should take in 2015.
Health System Mergers Require Rethink Of DC Plans
This paper provides a brief overview of defined contribution (DC) plan considerations facing health care organizations that engage in M&A activity. We also include a high-level comparison of 401(k) and 403(b) plans, key issues with plan mergers, the potential loss of church plan status, the importance of DC retirement plan governance, and regulatory changes.
Should ICD-10 Impact Investment Strategy?
ICD-10 represents the tenth revision for the International Classification for Diseases for Healthcare providers. This research paper discusses the potential investment considerations which could flow from any cash flow disruptions due to ICD-10.
Mercer is a leading global provider of investment services, and offers customized guidance at every stage of the investment decision, risk management and investment monitoring process. We have been dedicated to meeting the needs of clients for more than 30 years, and we work with the fiduciaries of pension funds, foundations, endowments and other investors in some 35 countries. We assist with every aspect of institutional investing (and retail portfolios in some geographies), from strategy, structure and implementation to ongoing fiduciary management. |
IMPORTANT NOTICES
References to Mercer shall be construed to include Mercer LLC and/or its associated companies. This contains confidential and proprietary information of Mercer and is intended for the exclusive use of the parties to whom it was provided by Mercer. Its content may not be modified, sold or otherwise provided, in whole or in part, to any other person or entity, without Mercer's prior written permission. The findings, ratings and/or opinions expressed herein are the intellectual property of Mercer and are subject to change without notice. They are not intended to convey any guarantees as to the future performance of the investment products, asset classes or capital markets discussed. Past performance does not guarantee future results. Mercer’s ratings do not constitute individualized investment advice. This does not contain investment advice relating to your particular circumstances. No investment decision should be made based on this information without first obtaining appropriate professional advice and considering your circumstances.