InnovatiVe Capital

Financing HOSPITALS. Dedicated to CLIENTS. Committed to COMMUNITIES
 
$40,000,000
FHA 242 Insured Ginnie Mae Loan
Replacement Critical Access Hospital
InnoVative Capital's Role:
FHA Mortgage Banker
The Memorial Hospital
Craig, CO
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Products
Municipal Finance Services
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Municipal Finance
Municipal infrastructure, tax initiatives, public-private sector partnerships and investments.
Financial and Demographic
Economic Impact Analyses
Tax Assessment Sustainability Reviews
Tax Ballot Initiatives
Municipal Planning Reports
Credit Rating Evaluations
Composite-Funding Sufficiency Assessments
 
Financing
General Obligation and Limited Tax-Backed Debt
Special Purpose Revenue Bonds
Hospital Revenue Bonds
FHA Mortgage Insured Bonds
FHA Mortgage Insured Ginnie Mae Collateralized Loans
USDA Loans and Grants
Bank Loans
Public/Private Debt and Equity Funding

Develop, Structure
& Finance
We manage the entire process
Client Testimonial:
"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
 
 
Related Topics
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InnoVative Capital
Funding Delivery System
®
 
 
 
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
  Doctorsí Hospital
Non-Rated Hospital Revenue Bonds
  Start-Up Non-Profit Hospital
  Doctorsí 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 ]
VIEW SAMPLE OF RECENT FINANCINGS
 
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.

READ FULL ARTICLE      

STAY CONNECTED... LinkedIN - Alan Richman InnoVative Capital on Facebook Follow Alan Richman & InnoVative Capital
For Municipal Finance Inquiries

corporate@innovativecapital.com
T: (610) 543-2490
F: (610) 543-2491

1489 Baltimore Pike
Building 400
Springfield, PA 19064

 
HUD-Licensed FHA Mortgage Lender and SEC/MSRB Registered Municipal Advisor
Invested in rural communities and hospitals
FHA Mortgage Banking | FHA Section 242 Mortgage Insurance Program | FHA 242 Loans | Rural Hospital Finance | Critical Access Hospital Finance
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InnoVative Capital is a HUD licensed FHA mortgage lender and SEC/MSRB-registered municipal advisor, specializing in the mortgage financing of rural hospitals, community hospitals and critical access hospitals using the FHA 242 Mortgage Insurance Program, tax-exempt and taxable bonds, bank debt, USDA Loans, and equity strategies. InnoVative Capital provides cost-effective and expedient access to the capital markets for hospitals, senior living, nonprofits and municipalities, as well as mergers and acquisitions representation and turnaround support.

InnoVative Capital 1489 Baltimore Pike, Building 400 | Springfield, Pennsylvania 19064 | Phone: 610-543-2490 | Fax: 610-543-2491

Copyright InnoVative Capital, LLC
 
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