John Nelson
Adjunct Associate Professor of Public Administration

John joined Moody’s in 1991 and is now Managing Director of Moody’s Health Care, Higher Education-Not-for-Profit and Infrastructure rating teams. These teams conduct research and analysis on more than one thousand public and not-for-profit enterprises including airports, colleges & universities, hospitals, not-for-profit organizations, ports, public power utilities and toll roads. John is responsible for development of multi-year business plans and market strategy, annual budgets, credit decisions and human resource evaluations for the teams that he oversees.

John was the founding chair of Moody’s U.S. Public Finance Credit Committee (PFCC), which is charged with promoting analytical consistency and transparency across Moody’s different teams engaged in public finance ratings. He is now a member of Moody’s Global Public Sector Credit Committee (PSCC) and is also currently a member of Moody’s Fundamental Corporate Finance Credit Committee (FCC).

John has personally visited more than 300 higher education, health care, housing, infrastructure and not-for-profit organizations in the U.S. and Canada. He has authored more than 500 credit and research reports during his career at Moody’s, covering a wide range of organizations from research universities with multi-billion budgets to small not-for-profits with less than $5 million in annual revenue.  John has spoken at more than 100 different conferences, seminars and board meetings for various public, not-for-profit and private organizations. John was named by both Institutional Investor magazine and Smith’s Research and Rating Review to their All-Star Fixed Income Research teams. 

Prior to joining Moody’s, John managed an executive staff of corporate planners for the Port Authority of New York and New Jersey. He also spent four years as a country risk analyst for Republic National Bank, as well as two years as budget advisor to New York’ City Council President.

John received a B.A. in History with a course concentration in Economics from Binghamton University in New York in 1976, a Masters of Public Policy from the University of Texas at Austin in 1979.  He was also a research associate at the Aspen Institute for Humanistic Studies in Aspen, Colorado in 1979 and was a repeat guest lecturer at Columbia University Business School during the past decade.

Semester Course
Spring 2008 PADM-GP.4128.001 Financial Statement Analysis for Healthcare and Not-for-Profit Organizations

This course assumes that the student have a fundamental understanding of the financial statement concepts taught in CORE-GP.1021. The primary objective of this course is to familiarize you with financial statements (audited and unaudited) and to increase your comfort and facility in the analysis of the quantitative and qualitative data found in these statements. An additional key objective is to expand on the fundamentals learned in CORE-GP.1021 using an applied framework approach by introducing you to various forms of financial statement analysis techniques utilized by finance professionals. A third objective is to enhance your presentation skills (oral and written) of financial concepts through written and oral presentation. Consequently, you will find it helpful, but not mandatory, to be familiar with a word processing computer program. Excel, or any other electronic spreadsheet program, will be required when doing some of the assignments for this course. Use of PowerPoint or similar presentation program will also be helpful.

This course will take you through the type of line-by-line, detailed analysis of health care, university and other non-profit organizations’ financial statements conducted by finance professionals within the healthcare, higher education and not-for-profit sectors, as well as those professionals who regulate, evaluate and lend to these sectors. Related topical issues will also be discussed and analyzed, including the causes of increased scrutiny of hospitals, universities and the not-for-profits financial practices by federal and state governments. Understanding accounting and financial reporting practices of all companies (not-for-profits included) has increased the importance for managers and finance professionals to develop the necessary skill-set required to analyze these statements and get beneath the numbers. This course will assist your development of these skills.


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