InnoVative Capital has carefully designed our project to meet the specific healthcare needs of Morgan County and adhere to a reasonable and financially supportable budget. They have assisted in several initiatives which include: fundraising support, tax-initiative support, USDA Direct Loan / construction note financing, and a clinical collaboration with Piedmont Athens Regional Medical Center. Their five years of institutional support...
Morgan Memorial Hospital
Our variable rate debt needed to be refinanced at the same time we were pursuing funding for our hospital expansion. With our BBB rating, we anticipated borrowing through the issuance of tax-exempt hospital revenue bonds. InnoVative Capital presented our board with a creative and attractive alternative… Two individual FHA 242 mortgage insured taxable loans, collateralized with Ginnie Mae securities. Taking...
Knox Community Hospital
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...
Effingham Hospital Authority
As our banker and advisor, InnoVative Capital’s judgment was on target before, and throughout, the FHA process. InnoVative Capital’s financial metrics right-sized our project, so we never exceeded our debt capacity limits and afterwards, they financed our FHA 242 insured mortgage loan without a hitch. By educating our Board and the Hospital Authority, InnoVative Capital built a trust that was...
Meadows Regional Medical Center
InnoVative Capital’s leadership of the financing process defined the scope and budget for the project, enabled us to meet timelines and the expectations of our board and staff. In doing so, I believe InnoVative Capital saved our hospital money by preventing unwarranted expenses, and accelerating the FHA 242 process.
Matagorda Regional Medical Center
