| |
|
|
|
| |
|
| $50,000,000
|
| Hospital Revenue Bonds |
Tertiary Care Facility
Renovation and Expansion |
InnoVative Capital's Role:
Financial Advisor |
Memorial Health University
Medical Center
Savannah, GA |
| LEARN MORE |
|
|
|
|
|
|
|
|
 |
| Debt Advisory |
| Diversified financing platform and personalized approach. |
|
|
|
|
Serving as the debt-related financial advisor, InnoVative Capital represents its clients during all phases leading up to and including the successful pricing, sale and closing of the loan. In executing the financing plan, InnoVative Capital provides its clients with access to the capital markets via rated and non-rated tax-exempt bonds, variable rate securities, composite-financed tax-backed debt obligations and commercial loans. Our results have demonstrated that our diversified financing platform and personalized approach to each engagement empowers InnoVative Capital to act at as a bodyguard for hospitals considering capital project financings.
| Financing Due Diligence |
| Upfront Evaluation of Investment Grade Eligibility |
| Coordinate Rating Agency Meetings |
| Direct Institutional Investor Meetings and Pre-Financing Consensus Polling |
| Pre-Qualify Submissions and Negotiations with Commercial and Government Credit Enhancers |
| Solicit and Develop Domestic and International Commercial Bank Loan Syndication |
| Compare Qualifications and Proposals of Investment Banking Firms |
| Transaction Management and Project Budgeting |
| Project Assessments; Replacement and Renovation |
| Taxable and Tax-Exempt Bond Financing Alternatives |
| Insured Mortgage Loans |
| Variable Rate and Intermediate Term Bank Loans |
| Negotiated Public Market Bond Sales |
| Private Placements and Limited Offerings |
| Loan Execution |
| Daily Market Evaluations |
| Cross Financial Market Interest Rate Analyses |
| Historical Rate Reviews and Credit Benchmarking |
| Loan Underwriting and Pricing Oversight |
| Post Loan Closing Performance Reviews |
| On-Going Client Support |
| Investor Relations; Financial Disclosure and Bondholder Interaction |
| Rating Agency Compliance |
| Financial Covenant Adherence |
| Loan Servicing and Construction Disbursement Oversight |
|
|
|
|
|
Develop, Structure
& Finance |
| We manage the entire process |
|
| Client Testimonial: |
|
| “InnoVative Capital's knowledge of hospital finance and dedication to successfully completing a transaction has been demonstrated on each project. Regardless of the issue, InnoVative Capital is always available to guide our clients through the process of obtaining timely and cost-effective funding.” |
John Waltko | Vice President
Quorum Health Resources (QHR) |
|
|
|
| |
|
|
|
|
|
|
|
| |
 |
| 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 |
| |
Doctors’ Hospital
Non-Rated Hospital Revenue Bonds |
| |
Start-Up Non-Profit Hospital |
| |
Doctors’ 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 ] |
|
|
|
|
|
|
 |
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.
|
|
|
For Debt-Related
Financial Advisory Inquiries |
corporate@innovativecapital.com
T: (610) 543-2490
F: (610) 543-2491
1489 Baltimore Pike
Building 400
Springfield, PA 19064 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
