H2C PERSPECTIVES
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.
ABOUT HAMMOND HANLON CAMP LLC
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.
For more information, go to h2c.com.
ABOUT ORRICK
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.
Visit orrick.com for more information.
MEDIA CONTACT
Kelly T. Duong
Hammond Hanlon Camp LLC
858 242 4810
NEW YORK
623 Fifth Avenue
29th Floor
New York, NY 10022
212 257 4500
ATLANTA
3333 Piedmont Road
Suite 725
Atlanta, GA 30305
404 937 1350
CHICAGO
311 South Wacker Drive
Suite 5425
Chicago, IL 60606
312 508 4200
SAN DIEGO
4655 Executive Drive
Suite 280
San Diego, CA 92121
858 242 4800
