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| Pictured: InnoVative Capital/Effingham Hospital Presentation at Hometown Health Annual Conference |
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| Education and Client Representation |
| Working to simplify the financing process and offer options and perspectives. |
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Each successful financing can be traced to upfront consensus building among all stakeholders, including senior management, board members, employees, elected officials, business leaders and citizen groups. This is possible through consensus building, which requires education of all parties from the planning and development of the project budget through loan closing.
InnoVative Capital is a committed leader in providing educational services to the healthcare industry and local governments. We offer onsite educational programs for hospital management, as well as board retreats. In addition to community and municipal workshops, we are also available to participate in national and regional conferences and university-based settings.
| Representative Speaking Engagements: |
| National Rural Health Association |
| American Hospital Association |
| Healthcare Financial Management Association |
| American College of Healthcare Executives |
| Hospital Board and Management Retreats |
| Community Meetings |
| QHR Learning Institute |
| State Hospital Associations |
| State Departments of Rural Health |
| Rural Health Organizations |
| Flex Conferences |
| Harvard School of Public Health |
| Dixon Hughes Goodman Hospital Symposium
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| Hometown Health |
| Healthcare Lawyers Association
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| The Bond Buyer Healthcare and Nonprofit Conference |
| Rural Health Leadership Conference |
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Develop, Structure
& Finance |
| We manage the entire process |
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| Client Testimonial: |
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| “InnoVative Capital developed Effingham Hospital’s project financing on its own initiative and then approached our CEO and CFO, with a proposal that they could finance a $30 million hospital modernization project using FHA 242 mortgage insurance. With the full support of our board, as our financial advisor, their strategic planning led our team of consultants, set our capital budget, and worked through an arduous county approval process. As our mortgage banker, they structured our record-low 3.63% Build America Bond financing. Their community outreach educated our board and County Commissioners and led to the passage of a County tax. Throughout the FHA underwriting process, InnoVative Capital gave us confidence we would receive HUD’s approval. This outcome is very satisfying for our hospital and the people of Effingham County.” |
Richard R. Rafter | Chairman
Effingham Hospital Authority |
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| Related Topics |
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Events and Speaking Engagements |
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| OTHERS PROMISE. WE DELIVER. |
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$40,500,000 |
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FHA 223 a-7 Insured
Ginnie Mae Loan |
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FHA 242 Debt Refinancing |
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Morehead Memorial Hospital |
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Eden, NC |
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InnoVative Capital's Role: |
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FHA Mortgage Banker |
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[ case study ] |
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Joint Management &
Lease Agreement |
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Community Hospital Affiliation |
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Emanuel Medical Center |
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Swainsboro, GA |
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InnoVative Capital's Role: |
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Financial Advisor |
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[ case study ] |
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$85,000,000 |
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FHA 242 Insured Ginnie Mae Loan |
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Replacement Community Hospital |
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Meadows Regional Medical Center |
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Vidalia, GA |
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InnoVative Capital's Role: |
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FHA Mortgage Banker and Financial Advisor |
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[ case study ] |
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$40,000,000 |
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FHA 242 Insured
Ginnie Mae Loan |
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Replacement Critical Access Hospital |
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The Memorial Hospital |
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Craig, CO |
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InnoVative Capital's Role: |
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FHA Mortgage Banker |
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[ case study ] |
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$46,000,000 |
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FHA 242 Mortgage Insured
Tax-Exempt Bonds |
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Replacement
District Hospital |
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Matagorda Regional Medical Center |
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Bay City, TX |
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InnoVative Capital's Role: |
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FHA Mortgage Banker and
Financial Advisor |
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[ case study ] |
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$18,500,000 |
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FHA 242 Insured
Ginnie Mae Loan |
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Replacement Critical Access Hospital |
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Shoshone Medical Center |
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Kellogg, ID |
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InnoVative Capital's Role: |
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FHA Mortgage Banker |
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[ case study ] |
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$6,500,000 |
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FHA 241 Insured
Ginnie Mae Loan |
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Skilled Nursing Facility
Renovation |
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Shorefront Geriatric Center |
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Brooklyn, NY |
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InnoVative Capital's Role: |
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FHA Mortgage Banker |
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[ case study ] |
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$29,000,000 |
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FHA 242 Insured
Ginnie Mae Loan |
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Replacement Critical Access Hospital |
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North Valley Hospital |
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Whitefish, MT |
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InnoVative Capital's Role: |
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FHA Mortgage Banker |
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[ case study ] |
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$31,000,000 |
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FHA 242 Mortgage Insured
Ginnie Mae RZED Bonds |
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Critical Access Hospital Modernization Project |
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Effingham County Hospital Authority |
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Springfield, GA |
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InnoVative Capital's Role: |
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FHA Mortgage Banker and
Financial Advisor |
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[ case study ] |
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$24,000,000 |
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Hospital Revenue Bonds |
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Community Hospital
Renovation and Expansion |
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Ohio Valley General Hospital |
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McKees Rocks, PA |
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InnoVative Capital's Role: |
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Financial Advisor |
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[ case study ] |
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$3,500,000 |
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FHA 232 Mortgage Insured
Tax-Exempt Bonds & Sub Debt |
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New Assisted Living Facility |
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Somerset at University Place |
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Winston-Salem, NC |
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InnoVative Capital's Role: |
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FHA Mortgage Banker |
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[ case study ] |
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$50,000,000 |
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Hospital Revenue Bonds |
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Tertiary Care Facility
Renovation and Expansion |
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Memorial Health University Medical Center |
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Savannah, GA |
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InnoVative Capital's Role: |
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Financial Advisor |
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[ case study ] |
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$6,860,000 |
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FHA 232 Insured
Ginnie Mae Loan |
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Skilled Nursing Home
Renovation and Refinancing |
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Citrus Health and
Rehabilitation Center |
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Inverness, FL |
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InnoVative Capital's Role: |
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FHA Mortgage Banker |
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[ case study ] |
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$19,200,000 |
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Hospital Revenue Bonds |
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Community Hospital
Refinancing and Expansion |
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Daviess County Hospital |
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Washington, IN |
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InnoVative Capital's Role: |
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Financial Advisor |
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[ case study ] |
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$33,000,000 |
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FHA 242 Insured
Ginnie Mae Loan |
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Start-Up For-Profit Hospital |
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Summit Hospital |
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Phenix City, AL |
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InnoVative Capital's Role: |
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FHA Mortgage Banker |
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[ case study ] |
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$37,000,000 |
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FHA 242 Insured
Ginnie Mae Loan |
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Community Hospital
Debt Refinancing & Expansion |
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Knox Community Hospital |
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Mt. Vernon, OH |
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InnoVative Capital's Role: |
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FHA Mortgage Banker and
Financial Advisor |
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[ case study ] |
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$20,000,000 |
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USDA Direct Loan |
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Community Hospital Renovation |
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DeSoto Memorial Hospital |
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Arcadia, FL |
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InnoVative Capital's Role: |
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Financial Consultant |
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[ case study ] |
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$59,000,000 |
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Doctors’ Hospital
Non-Rated Hospital Revenue Bonds |
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Start-Up Non-Profit Hospital |
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Doctors’ Hospital |
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Bridgeport, TX |
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InnoVative Capital's Role: |
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Financial Advisor |
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[ case study ] |
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$7,675,000 |
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FHA 232 Insured
Ginnie Mae Loan |
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Start-Up Skilled Nursing Facility |
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Stone Oak Care Center |
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San Antonio, TX |
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InnoVative Capital's Role: |
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FHA Mortgage Banker |
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[ case study ] |
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The Tax Support of Independent Community Hospitals
by Alan P. Richman
Healthcare Financial
Management Magazine |
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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.
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| For Education and Client Representation Inquiries |
corporate@innovativecapital.com
T: (610) 543-2490
F: (610) 543-2491
1489 Baltimore Pike
Building 400
Springfield, PA 19064 |
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