InnovatiVe Capital

Financing HOSPITALS. Dedicated to CLIENTS. Committed to COMMUNITIES
Alan Richman, President and CEO of InnoVative Capital, addressing NADO at North Valley Hospital in Whitefish, MT
Corporate Qualifications
About Us
Business Philosophy
Executive Management
Clients
Pictured: Alan Richman, President of InnoVative Capital addressing members of NADO at North Valley Hospital site visit in Whitefish, MT
Innovative Capital

Management
InnoVative Capital’s directors, officers and consultants draw upon accomplished resumes that have included senior positions in investment banking, commercial banking, healthcare lending, hospital consulting, mortgage banking, certified public accounting, municipal research, risk management and hospital administration.

Qualifications
InnoVative Capital is majority controlled by its employees who are each stakeholders in the success of the organization. With a dedication to the hospital and senior living industries, InnoVative Capital assembled an investor group that brings to it strategic planning, loan underwriting and investment decisions, expertise in real estate and healthcare law, equity participation, banking, project development, and asset management.

Corporate Credentials

  HUD Licensed FHA Title II Lender
  MSRB Registered Municipal Advisor
  SEC Registered Municipal Advisor
  USDA banker

Affiliations and Memberships

  American College of Healthcare Executives
  American Hospital Association
  American Society of Healthcare Engineers
  Association of County Commissioners of Georgia
  Committee on Healthcare Financing
  Georgia Hospital Association
  Healthcare Financial Management Association
  Hometown Health
  Mortgage Bankers Association of America
  Municipal Analysts Group of New York
  National Association of Development Organizations
  National Federation of Municipal Bond Analysts
  National Rural Economic Developers Association
  National Rural Health Association (NRHA)
  Planetree
  Texas Organization of Rural and Community Hospitals
  U.S. Department of Housing and Urban Development
  World Hunger Year

 

 
OTHERS PROMISE. WE DELIVER.
$40,500,000
  FHA 223 a-7 Insured Ginnie Mae Loan
  FHA 242 Debt Refinancing
  Morehead Memorial Hospital
  Eden, NC
  InnoVative Capital's Role:
  FHA Mortgage Banker
  [ case study ]
 
  Joint Management & Lease Agreement
  Community Hospital Affiliation
  Emanuel Medical Center
  Swainsboro, GA
  InnoVative Capital's Role:
  Financial Advisor
  [ case study ]
$85,000,000
  FHA 242 Insured Ginnie Mae Loan
  Replacement Community Hospital
  Meadows Regional Medical Center
  Vidalia, GA
  InnoVative Capital's Role:
  FHA Mortgage Banker and Financial Advisor
  [ case study ]
$40,000,000
  FHA 242 Insured Ginnie Mae Loan
  Replacement Critical Access Hospital
  The Memorial Hospital
  Craig, CO
  InnoVative Capital's Role:
  FHA Mortgage Banker
  [ case study ]
$46,000,000
  FHA 242 Mortgage Insured
Tax-Exempt Bonds
  Replacement District Hospital
  Matagorda Regional Medical Center
  Bay City, TX
  InnoVative Capital's Role:
  FHA Mortgage Banker and Financial Advisor
  [ case study ]
$18,500,000
  FHA 242 Insured Ginnie Mae Loan
  Replacement Critical Access Hospital
  Shoshone Medical Center
  Kellogg, ID
  InnoVative Capital's Role:
  FHA Mortgage Banker
  [ case study ]
$6,500,000
  FHA 241 Insured Ginnie Mae Loan
  Skilled Nursing Facility Renovation
  Shorefront Geriatric Center
  Brooklyn, NY
  InnoVative Capital's Role:
  FHA Mortgage Banker
  [ case study ]
$29,000,000
  FHA 242 Insured Ginnie Mae Loan
  Replacement Critical Access Hospital
  North Valley Hospital
  Whitefish, MT
  InnoVative Capital's Role:
  FHA Mortgage Banker
  [ case study ]
$31,000,000
  FHA 242 Mortgage Insured
Ginnie Mae RZED Bonds
  Critical Access Hospital Modernization Project
  Effingham County Hospital Authority
  Springfield, GA
  InnoVative Capital's Role:
  FHA Mortgage Banker and Financial Advisor
  [ case study ]
$24,000,000
  Hospital Revenue Bonds
  Community Hospital
Renovation and Expansion
  Ohio Valley General Hospital
  McKees Rocks, PA
  InnoVative Capital's Role:
  Financial Advisor
  [ case study ]
$3,500,000
  FHA 232 Mortgage Insured
Tax-Exempt Bonds & Sub Debt
  New Assisted Living Facility
  Somerset at University Place
  Winston-Salem, NC
  InnoVative Capital's Role:
  FHA Mortgage Banker
  [ case study ]
$50,000,000
  Hospital Revenue Bonds
  Tertiary Care Facility
Renovation and Expansion
  Memorial Health University Medical Center
  Savannah, GA
  InnoVative Capital's Role:
  Financial Advisor
  [ case study ]
$6,860,000
  FHA 232 Insured Ginnie Mae Loan
  Skilled Nursing Home
Renovation and Refinancing
  Citrus Health and Rehabilitation Center
  Inverness, FL
  InnoVative Capital's Role:
  FHA Mortgage Banker
  [ case study ]
$19,200,000
  Hospital Revenue Bonds
  Community Hospital
Refinancing and Expansion
  Daviess County Hospital
  Washington, IN
  InnoVative Capital's Role:
  Financial Advisor
  [ case study ]
$33,000,000
  FHA 242 Insured Ginnie Mae Loan
  Start-Up For-Profit Hospital
  Summit Hospital
  Phenix City, AL
  InnoVative Capital's Role:
  FHA Mortgage Banker
  [ case study ]
$37,000,000
  FHA 242 Insured Ginnie Mae Loan
  Community Hospital
Debt Refinancing & Expansion
  Knox Community Hospital
  Mt. Vernon, OH
  InnoVative Capital's Role:
  FHA Mortgage Banker and Financial Advisor
  [ case study ]
$20,000,000
  USDA Direct Loan
  Community Hospital Renovation
  DeSoto Memorial Hospital
  Arcadia, FL
  InnoVative Capital's Role:
  Financial Consultant
  [ case study ]
$59,000,000
  Doctorsí Hospital
Non-Rated Hospital Revenue Bonds
  Start-Up Non-Profit Hospital
  Doctorsí Hospital
  Bridgeport, TX
  InnoVative Capital's Role:
  Financial Advisor
  [ case study ]
$7,675,000
  FHA 232 Insured Ginnie Mae Loan
  Start-Up Skilled Nursing Facility
  Stone Oak Care Center
  San Antonio, TX
  InnoVative Capital's Role:
  FHA Mortgage Banker
  [ case study ]
VIEW SAMPLE OF RECENT FINANCINGS
 
The Tax Support of Independent Community Hospitals
by Alan P. Richman
Healthcare Financial
Management Magazine
 
Increasingly, community hospitals are under pressure to survive. Independence and prosperity are not mutually exclusive for many community hospitals, as long as they receive a little revenue support for new facilities and additional physicians. Dedicated limited taxes can provide the lifeline hospitals need to preserve community healthcare and enhance the local economy.

READ FULL ARTICLE      

STAY CONNECTED... LinkedIN - Alan Richman InnoVative Capital on Facebook Follow Alan Richman & InnoVative Capital
COMMUNITY INVOLVEMENT
HUD/FHA Approved Lender National Rural Health Association
Healthcare Financial Management Association Texas Organization of Rural Community Hospitals
National Rural Health Association Supporter of World Hunger Year
Hometown Health Georgia Hospital Association
National Association of Development Organizations National Federation of Municipal Analysts (NFMA)
Planetree Sponsor  
 
HUD-Licensed FHA Mortgage Lender and SEC/MSRB Registered Municipal Advisor
Invested in rural communities and hospitals
FHA Mortgage Banking | FHA Section 242 Mortgage Insurance Program | FHA 242 Loans | Rural Hospital Finance | Critical Access Hospital Finance
HOME | ABOUT US | FUNDING DELIVERY SYSTEM | SERVICES | PRODUCTS | TRANSACTIONS | TESTIMONIALS | CASE STUDIES | NEWS/EVENTS | CONTACT US

Privacy Policy & Legal Disclaimer | Employment Opportunities | Site Map

InnoVative Capital is a HUD licensed FHA mortgage lender and SEC/MSRB-registered municipal advisor, specializing in the mortgage financing of rural hospitals, community hospitals and critical access hospitals using the FHA 242 Mortgage Insurance Program, tax-exempt and taxable bonds, bank debt, USDA Loans, and equity strategies. InnoVative Capital provides cost-effective and expedient access to the capital markets for hospitals, senior living, nonprofits and municipalities, as well as mergers and acquisitions representation and turnaround support.

InnoVative Capital 1489 Baltimore Pike, Building 400 | Springfield, Pennsylvania 19064 | Phone: 610-543-2490 | Fax: 610-543-2491

Copyright InnoVative Capital, LLC
 
HUD 242, FHA 242, FHA 242-223F, FHA242-223(f), Rural Hospital Finance, Critical Access Hospital, hospital construction financing, hospital funding, healthcare financing, hospital consulting, critical access hospital, USDA loans, community, rural, tax exempt bonds, senior living, HUD 242, FHA 242, FHA 242-223F, FHA242-223(f), Rural Hospital Finance, Critical Access Hospital, hospital construction financing, hospital funding,HUD 242, FHA 242, FHA 242-223F, FHA242-223(f), Rural Hospital Finance, Critical Access Hospital, hospital construction financing, hospital funding,HUD 242, FHA 242, FHA 242-223F, FHA242-223(f), Rural Hospital Finance, Critical Access Hospital, hospital construction financing, hospital funding,HUD 242, FHA 242, FHA 242-223F, FHA242-223(f), Rural Hospital Finance, Critical Access Hospital, hospital construction financing, hospital funding,HUD 242, FHA 242, FHA 242-223F, FHA242-223(f), Rural Hospital Finance, Critical Access Hospital, hospital construction financing, hospital funding,HUD 242, FHA 242, FHA 242-223F, FHA242-223(f), Rural Hospital Finance, Critical Access Hospital, hospital construction financing, hospital funding,