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Bottom-Line Implications of New Lease Accounting Standards: What Healthcare Leaders Should Know​
posted on August 28, 2018

A new lease accounting standard that takes effect next year could significantly impact financial covenant calculations by healthcare organizations under their borrowing agreements as well as the structure of future borrowing agreements and their choice of financing product.


This article will answer three key questions for healthcare leaders regarding the new lease accounting change:


1. What changes are expected—and when?

2. Will these changes trigger financial covenant violations 
       for not-for-profit healthcare borrowers?

3. What are the likely credit impacts of the expected changes?


The article can be viewed in your browser by clicking here.



Hammond Hanlon Camp LLC (“H2C”) is an independent strategic advisory and investment banking firm committed to providing superior advice as a trusted advisor to healthcare companies and related organizations throughout the United States.  H2C’s professionals have a long track record of success in healthcare mergers & acquisitions, capital markets, real estate and restructuring transactions, acting as lead advisors on hundreds of transactions representing billions of dollars in value.  Hammond Hanlon Camp LLC offers securities through its wholly-owned subsidiary H2C Securities Inc., member FINRA/SIPC.  


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Orrick’s history in public finance stretches back 150 years. As the nation’s top-ranked bond counsel firm, Orrick, Herrington & Sutcliffe LLP provides reliable, cost-effective, innovative services and solutions for all types of public finance matters. In addition to serving as bond counsel, Orrick also acts as underwriter’s counsel, disclosure counsel, issuer counsel, and special tax counsel in connection with the issuance of tax-exempt bonds, as well as providing post-issuance services in connection with arbitrage rebate, continuing disclosure, Schedule K services, IRS audits, SEC investigations, defaults, bankruptcies, and other workouts through our wholly owned subsidiary, the BLX Group.


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Kelly T. Duong
Hammond Hanlon Camp LLC
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