| |
|
|
|
| |
|
| $37,000,000
|
| FHA 242 Insured
Ginnie Mae Loan
|
Community Hospital
Debt Refinancing & Expansion |
InnoVative Capital's Role:
FHA Mortgage Banker and
Financial Advisor |
Knox Community Hospital
Mt. Vernon, OH |
| LEARN MORE |
|
|
|
|
|
|
|
|
 |
| Financial Advisory |
| Efficient executions for even the most complex transactions and client situations. |
|
|
|
|
Since 2000, InnoVative Capital has served as financial advisor to local hospitals and their communities. With analytical services and financing products tailored directly to each engagement, our financial advisory representation can extend across all aspects of healthcare and municipal finance to best support our clients in achieving a desired outcome. InnoVative Capital delivers its financial advisory services through its turnkey financing system, The InnoVative Capital Funding Delivery System®, which includes CFO HELPER® consulting analytics, debt advisory, corporate advisory and mergers and acquisitions representation. This comprehensive approach develops, structures and executes, financings, corporate reorganizations and capital partnerships.
|
|
|
|
|
Develop, Structure
& Finance |
| We manage the entire process |
|
| Client Testimonial: |
|
| “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 advantage of record-low long-term interest rates for AAA government securities, InnoVative Capital was also able to eliminate our negative arbitrage through the use of FHA construction loan certificates. I am pleased to report that acting as our FHA mortgage banker, InnoVative Capital delivered an extremely low blended interest rate and reduced our transaction expenses.” |
Bruce White | CEO
Knox Community Hospital |
|
|
|
| |
|
|
|
|
|
|
|
| |
 |
| 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.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
