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Tuesday, June 4, 2019

Implementing The New Lease Standard: The Vitals For Healthcare


The new lease accounting standard (ASC 842) will have a significant impact on most healthcare companies, given the historical high volume of operating leases now required to be shown on the balance sheet. Hospital systems and other providers have large amounts of leased real estate and medical equipment, like CT scanners and MRI machines. Biotech companies, medical equipment manufacturers, and healthcare facilities will all, to a greater or lesser degree, be affected by the new standard.

 

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