Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

Health Care Equipment Leasing

BY Carl Boccuti
September 26, 2012

Equipment leasing in the health care sector typically stands apart from leasing in other industries. This is a notable point even in stable times, but is especially important to acknowledge as the political and economic environment has provoked an out-of-the-ordinary shift in the U.S. health care market. Reviewing several major developing areas may provide a fuller picture of health care equipment leasing's recent past and lends insight into what lies ahead.

Federal health care reform is the obvious engine behind part of this shift. The Patient Protection and Affordable Care Act (“ACA”), though upheld by the Supreme Court in June, has many lingering questions regarding its effects. By increasing the rolls of insured patients, the ACA could be considered a boon to doctors and hospitals via increased demand. In serving more patients, equipment needs may likely increase. Despite the market's expansion, the cost of implementing related regulatory overhauls could offset increased revenues.

The ACA has provoked businesses in all parts of the health care industry ' equipment lessors included ' to examine their fundamental business practices. Significant regulatory changes like the mandates of the Health Information Technology for Economic and Clinical Health Act (“HITECH Act”), plus other factors like tax and accounting rule changes will also influence the health care leasing environment. Tax benefits allowing bonus depreciation are set to expire, particularly impacting not-for-profit institutions that receive this benefit in the form of favorable lease terms. Additionally, accounting standards boards are modifying how leases will be viewed on hospital balance sheets, affecting institutions' debt ratios and therefore ability to secure leases. It is a time of flux in an expanding industry, and this ambiguity affects the outlook as much as pure demand for new equipment.

Read These Next
Yachts, Jets, Horses & Hooch: Specialized Commercial Leasing Models Image

Defining commercial real estate asset class is essentially a property explaining how it identifies — not necessarily what its original intention was or what others think it ought to be. This article discusses, from a general issue-spot and contextual analysis perspective, how lawyers ought to think about specialized leasing formats and the regulatory backdrops that may inform what the documentation needs to contain for compliance purposes.

Hyperlinked Documents: The Latest e-Discovery Challenge Image

As courts and discovery experts debate whether hyperlinked content should be treated the same as traditional attachments, legal practitioners are grappling with the technical and legal complexities of collecting, analyzing and reviewing these documents in real-world cases.

Identifying Your Practice's Differentiator Image

How to Convey Your Merits In a Way That Earns Trust, Clients and Distinctions Just as no two individuals have the exact same face, no two lawyers practice in their respective fields or serve clients in the exact same way. Think of this as a "Unique Value Proposition." Internal consideration about what you uniquely bring to your clients, colleagues, firm and industry can provide untold benefits for your law practice.

Risks and Ad Fraud Protection In Digital Advertising Image

The ever-evolving digital marketing landscape, coupled with the industry-wide adoption of programmatic advertising, poses a significant threat to the effectiveness and integrity of digital advertising campaigns. This article explores various risks to digital advertising from pixel stuffing and ad stacking to domain spoofing and bots. It will also explore what should be done to ensure ad fraud protection and improve effectiveness.

Turning Business Development Plans Into Reality Image

This article offers practical insights and best practices to navigate the path from roadmap to rainmaking, ensuring your business development efforts are not just sporadic bursts of activity, but an integrated part of your daily success.