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.
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Kelly T. Duong
Hammond Hanlon Camp LLC
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