Management
InnoVative Capital is majority controlled by its employees who are each stakeholders in the success of the organization. With a dedication to the hospital industry, InnoVative Capital has an investment group that brings to its strategic planning, loan underwriting and investment decisions, a wealth of expertise in real estate law, healthcare law, equity investing, banking, real estate development, and asset management.

Qualifications
InnoVative Capital’s professional staff provides its clients with healthcare and capital markets expertise unsurpassed by rival firms. Directed by Alan P. Richman, its President and CEO, InnoVative Capital’s senior staff has a professional pedigree to meet the varied needs of its healthcare clients. InnoVative Capital’s directors, officers and consultants, draw upon accomplished resumes that have included senior positions in investment banking, commercial banking, healthcare lending, hospital consulting, mortgage banking, certified public accounting, municipal research, risk management and hospital administration.

Affiliations
+ U.S. Department of Housing and Urban Development – A HUD    approved FHA Lender
+ Mortgage Bankers Association of America
+ American Hospital Association
+ National Rural Health Association
+ Healthcare Financial Management Association
+ American College of Health Care Executives
+ American Society of Healthcare Engineers
+ American Academy of Medical Administrators
+ National Federation of Municipal Bond Analysts
+ Municipal Analysts Group of New York
+ National Rural Economic Developers Association
+ National Association of Development Organizations
+ Committee on Healthcare Financing
+ World Hunger Year


"A new hospital was a necessity and we had to seize the moment. While our hospital was profitable, InnoVative Capital advised our Board that due to the cost of our project TMH required additional revenue sources to afford our loan and meet HUD's underwriting standards. In coordination with our bankers at InnoVative Capital, a tax initiative to supplement the financial operations of TMH was undertaken. With their help, our voters approved a dedicated hospital mil tax for a term of 40-years, which forecasts additional revenue of $1.5 million per annum for TMH. The financial security provided by this tax was the key in obtaining HUD's approval of our FHA 242 mortgage insurance application."

George Rohrich
CEO

The Memorial Hospital
Craig, Colorado

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Texas Organization of Rural and Community Hospitals (TORCH)

Supporter of World Hunger Year
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