Healthcare Financing Webinars

​Webinar Replay Available: Impacts of Lease Accounting Changes on Your Health Care Organization

Featuring Hospital Equipment Leasing and Financing Case Studies

[Webinar Transcript]
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The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) on lease accounting. This ASU affects all companies that lease assets and can significantly change the way health care entities account for leasing arrangements. The new guidance is intended to increase transparency in lease accounting by requiring organizations to report any long-term lease liability on the balance sheet.

In this webinar, learn the importance of the new two-lease model, financial reporting changes, impacts on covenants, and the timing and implementation of the new updates. In addition, hear how health care organizations are using leasing to fund growth. Case studies from Allegan General Hospital, Foothill Community Health Center and Blue Mountain Health System will be shared, including which leasing or financing options they used, and the benefits of each type of leasing or financing options. Access the replay or download the presentation

What You Will Learn:

  • What the new standard is, why was it issued, and the new two-lease model
  • Changes to financial reporting and the impact on financial statements
  • Timing of implementation, effective dates and transition considerations
  • Other considerations with bank covenants, systems and processes
  • The importance of leasing and how health care organizations are using leasing to fund growth
  • How to:
    • Acquire new equipment without a significant impact to “days cash on hand” or leverage ratios
    • Restore cash to the books for purchases and pay over time
    • Match cash flows to anticipated revenue on growth and expansions

Speakers:
Kelly Thompson, CPA
Principal
The Bonadio Group
Pittsford, N.Y.

Lori Dennis
Senior Vice President
First American Healthcare Finance
Fairport, N.Y.
 



Webinar: Sneak Peek into Future Health Care Technology Investments

St. Claire Regional Medical Center CIO’s Perspective

AHA Webinar



What are your health care technology investment plans for the next year? What about the next 3 years? Are they in alignment with your peers? With expanding, yet limited budgets, health care organizations are counting on technology to transition them to new care models, so it’s critical you're investing in all the right technologies now. You can’t afford to be left behind. 

Learn key factors that influence and drive health care technology investment, what other hospital executives are investing in and how they source the funding. In addition, you’ll hear real-life perspectives from a leading health care CIO at St. Claire Regional Medical Center on his experiences. 

What You Will Learn:

  • Hospital leaders’ view on technology investment and the expected impact
  • The top new technology investments under consideration through 2018
  • How a variety of core and emerging technologies rank for new investment
  • Planned changes to technology funding sources and budgets

Speakers:

Randy McCleese
Chief Information Officer
St. Claire Regional Medical Center
Morehead, KY

Jonah Michael
Senior Vice President
First American Healthcare Finance
Rochester, NY

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