FTI Cambio has performed more Bond Covenant Violation studies than likely any organization in the healthcare sector. Our goal in conducting such a study is not simply to satisfy an indenture obligation. Instead, we view the study as a valuable opportunity for our client to improve financial performance, credit rating and access to capital. The call for a study is often an early indicator of underlying issues that will ultimately need to be addressed. During the study, we can help the hospital enlist additional support and resolve these specific issues before they become major problems. As a result, many of our clients have benefited from a bond rating increase after the study has been completed and our recommendations implemented. That’s the reason hospitals' and health systems' management teamswho have engaged FTI Cambio to conduct a Bond Covenant Violation Study consistently ask us to help implement our recommendations purely at their option.

If there’s a possibility your organization may be facing a Bond Covenant Violation Study, contact FTI Cambio for a free consultation.