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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 |
| |
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: |
| |
FHA Mortgage Banker |
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[ case study ] |
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$46,000,000 |
| |
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: |
| |
FHA Mortgage Banker and
Financial Advisor |
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[ case study ] |
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$18,500,000 |
| |
FHA 242 Insured
Ginnie Mae Loan |
| |
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: |
| |
FHA Mortgage Banker |
| |
[ case study ] |
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$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 ] |
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$29,000,000 |
| |
FHA 242 Insured
Ginnie Mae Loan |
| |
Replacement Critical Access Hospital |
| |
North Valley Hospital |
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Whitefish, MT |
| |
InnoVative Capital's Role: |
| |
FHA Mortgage Banker |
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[ case study ] |
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$31,000,000 |
| |
FHA 242 Mortgage Insured
Ginnie Mae RZED Bonds |
| |
Critical Access Hospital Modernization Project |
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Effingham County Hospital Authority |
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Springfield, GA |
| |
InnoVative Capital's Role: |
| |
FHA Mortgage Banker and
Financial Advisor |
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[ case study ] |
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$24,000,000 |
| |
Hospital Revenue Bonds |
| |
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: |
| |
Financial Advisor |
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[ case study ] |
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$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 ] |
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$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 ] |
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$6,860,000 |
| |
FHA 232 Insured
Ginnie Mae Loan |
| |
Skilled Nursing Home
Renovation and Refinancing |
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Citrus Health and
Rehabilitation Center |
| |
Inverness, FL |
| |
InnoVative Capital's Role: |
| |
FHA Mortgage Banker |
| |
[ case study ] |
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$19,200,000 |
| |
Hospital Revenue Bonds |
| |
Community Hospital
Refinancing and Expansion |
| |
Daviess County Hospital |
| |
Washington, IN |
| |
InnoVative Capital's Role: |
| |
Financial Advisor |
| |
[ case study ] |
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$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 ] |
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|
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$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 ] |
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$20,000,000 |
| |
USDA Direct Loan |
| |
Community Hospital Renovation |
| |
DeSoto Memorial Hospital |
| |
Arcadia, FL |
| |
InnoVative Capital's Role: |
| |
Financial Consultant |
| |
[ case study ] |
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$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 ] |
|
|
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$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 ] |
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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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