1.
Healthc Financ Manage
; 70(5): 78-83, 2016 May.
Article
in English
| MEDLINE
| ID: mdl-27382712
ABSTRACT
Recently released lease accounting standards from the Financial Accounting Standards Board (FASB) present three significant challenges for healthcare organizations: All leases must be reported on a company's balance sheet, increasing liabilities on the balance sheets of healthcare organizations considerably. Contractual agreements not previously considered leases will now be treated as leases. Classification of some equipment leases could change.