Articles and Blogs

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

COVID-19 has caused substantial volatility in health care systems’ finances. The suspension of elective procedures has drastically reduced provider revenues, while expenses have generally been reduced only slightly. Government relief programs may help offset lost revenues, but for most providers, the net impact is expected to be negative. For health care systems with outstanding... READ MORE