From the start of its engagement with our hospital, InnoVative Capital preached the advantages of critical access hospital status to hospital management and our board. They worked with us to convert to a CAH as a method of increasing the feasibility of our replacement hospital through enhanced cost-based reimbursement. Once we received our CAH designation, North Valley became an attractive...
North Valley Hospital
InnoVative Capital was able to obtain approval from HUD for a unique senior/sub debt structure, which leveraged a subordinated loan through the Local Initiatives Support Corporation to significantly reduce our required equity contribution. This enabled Diversified Senior Services to obtain maximum funding for our new assisted living venture.
Diversified Senior Services
Obtaining HUD credit approval for a start-up skilled nursing facility is not easy. It requires a carefully conceived project that meets, but does not exceed, the needs of the new facility’s service area population. A very compelling underwriting recommendation from an FHA mortgage lender is a must. The essentiality and feasibility of the project were presented by InnoVative Capital sufficient...
U.S. Department of Housing and Urban Development
We retained InnoVative Capital to advise us on the intricacies of financing a start-up for-profit community hospital with FHA 242 mortgage insurance. Their comprehensive knowledge of the program proved invaluable in successfully completing the financing process. We look forward to working with them again in the future.
Ameris Health System, LLC
InnoVative Capital advised us throughout our debt refinancing, which produced debt service savings sufficient to allow us to fund much-needed capital equipment purchases. We could not have been more pleased that this financing opportunity was brought to our attention.
Daviess Community Hospital
