Debt Covenants
Posted on February 16, 2023 in Health Law News
Published by: Hall Render
In May of 2020, we published an article on Managing Financial Covenants for Health Care Borrowers in a Pandemic (here). Managing financial covenants has only gotten harder for health care borrowers in the past two years. Costs have increased, governmental relief has largely ended and many health systems find themselves perilously close (or worse)... READ MORE
Posted on March 21, 2020 in Health Law News
Published by: Hall Render
The financial ripple effects of the COVID-19 crisis are likely to hit hospitals and health systems soon. As elective procedures are postponed or cancelled, and as COVID-19 costs escalate, many hospitals and health systems will begin burning cash and will find liquidity deteriorating. Declining investment portfolio values only add salt to the wounds. Aside... READ MORE
