Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, announced that its Corporate Banking team has provided Fair Haven Community Health Care (Fair Haven CHC) with a combined $26.1...
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Alpine Ridge Funding announced a $2.5 million factoring facility for a healthcare service provider based in Georgia. The company was seeking a new lender to support their ongoing working capital needs. Alpine Ridge Funding was able to offer a higher...
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Citizens M&A Advisory served as the exclusive financial advisor to Ellipse Eye Group, LLC on its sale to ReFocus Eye Health, a portfolio company of Zenyth Partners.Ellipse Eye Group is a consortium of eight preeminent northern New Jersey...
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Lafayette Square, a national investment platform, has provided debt financing to Medical Specialists of the Palm Beaches, Inc. ("MSPB"), in support of its growth strategy. Owned by Ascend Partners, MSPB is a leading primary care-focused...
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SG Credit Partners, through its SG Software + Technology division, announced its partnership with PrepMD, the premier cardiac healthcare solutions company. PrepMD is transforming global cardiac care by combining clinical excellence and technological...
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Trinity Capital announced the commitment of $25 million in growth capital to Moxe Health ("Moxe"), a leader in healthcare interoperability and clinical data exchange.Based in Madison, WI, Moxe leverages technology to improve and simplify the sharing...
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First Citizens Bank provided $22.5 million in financing for the development of a new outpatient surgery center in Orlando, Florida. The center will have six operating rooms and 23 beds and will provide outpatient surgical services in bariatrics...
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February 07, 2024, 07:24 AM
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WELL Health Technologies, a digital healthcare company, closed the refinancing of a new credit facility for its subsidiary, WELL Health USA led by JPMorgan Chase Bank.The newly refinanced credit facility matures in three years and carries a floating...
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January 31, 2024, 07:56 AM
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SLR Healthcare ABL closed a $3 million asset-based revolving credit facility for a behavioral health provider. The Company provides a comprehensive array of services to children and adults dealing with behavioral health, educational and developmental...
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January 25, 2024, 07:21 AM
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GoodRx Holdings announced its intention to refinance its first lien credit facilities.The Company is seeking to refinance its first lien term loan facility and concurrently amend its revolving credit facility to extend the maturity date. The terms of...
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January 23, 2024, 07:27 AM
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First Citizens Bank's Healthcare Finance business served as joint lead arranger and joint bookrunner on financing for The Halifax Group's acquisition of the Worldwide Home Care division of Sodexo, a global home care services platform for personal and...
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December 08, 2023, 07:39 AM
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B. Riley Securities served as sell-side M&A advisor to Heart & Vascular Center of Arizona P.C. (“HVCA”), a leading independent cardiovascular physician practice, in connection with its sale to Cardiovascular Associates of America.B. Riley Securities’...
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December 01, 2023, 07:00 AM
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First Citizens Bank's Healthcare Finance business completed two transactions totaling $99.3 million with joint ventures managed by Kayne Anderson Real Estate and Remedy Medical Properties. One joint venture received $75 million in loan proceeds for...
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November 30, 2023, 07:40 AM
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First Citizens Bank announced that its Asset-Based Lending business provided a credit facility to The Stepping Stones Group to accommodate the business’ seasonal working capital needs during the school year. The Stepping Stones Group, a portfolio...
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November 20, 2023, 07:00 AM
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First Citizens Bank announced that its Healthcare Finance business provided $17.5 million in financing to Norvin Healthcare Properties for the acquisition of PAM Health Warm Springs Rehabilitation Hospital located in Northeast San Antonio, Texas. The...
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November 16, 2023, 07:15 AM
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Alleon Healthcare Capital, a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed an $8,000,000...
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November 15, 2023, 07:12 AM
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NeuPath Health, owner and operator of a network of clinics delivering category-leading chronic pain treatment, completed and closed a new credit facility with its existing lender Royal Bank of Canada (“RBC”).The new Credit Facility provides NeuPath...
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November 13, 2023, 07:54 AM
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Vida Health, a leading provider of virtual cardiometabolic care services, closed $28.5 million in financing led by existing investors, including General Atlantic, Ally Bridge, Canvas Ventures, Hercules Capital, and other insiders. The Company also...
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November 13, 2023, 07:46 AM
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Macquarie Capital, the corporate advisory, capital markets and principal investing arm of Macquarie Group, joined a US Government initiative to improve energy efficiency, emissions and energy resilience across the healthcare sector, with a focus on...
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October 23, 2023, 08:00 AM
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Horizon Technology Finance provided a $40 million venture loan facility to Elligo Health Research, Inc. ("Elligo"), of which $25 million has been initially funded.Elligo is revolutionizing clinical research with its innovative technology platform...
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October 03, 2023, 07:45 AM
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Commercial Finance Partners (CFP) closed a $15,000,000 Enterprise Value based Cash Flow Term Loan with a $5,000,000 Multi Delayed Draw term loan for the refinance and de novo growth strategy of a specialty Dentures and Implants DSO. The company...
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September 18, 2023, 07:48 AM
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Mind Medicine, a clinical stage biopharmaceutical company developing novel product candidates to treat brain health disorders, entered into a senior secured credit facility with K2 HealthVentures, a healthcare-focused specialty finance company.Upon...
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August 14, 2023, 07:59 AM
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Ares Commercial Finance provided a $35.0 million Private Trade Receivables Securitization Facility to a behavioral health treatment services organization, a portfolio company of a top-tier global private equity firm.
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August 10, 2023, 06:00 AM
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Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support InTandem Capital Partners in their acquisition of OrthoNebraska.Formed in 2017 through the combination of two of Omaha’s top orthopedic...
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August 07, 2023, 06:00 AM
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SLR Healthcare ABL provided a $5 million asset-based revolving line of credit to a surgical support company.
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August 03, 2023, 07:06 AM
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Oxford Finance closed a $105 million senior debt facility with Headspace, a pioneering digital healthcare company.Proceeds from the transaction will be used to further support the expansion of Headspace's innovative mental health platform....
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First Citizens Bank's Healthcare Finance group, part of the CIT division, provided $20.5 million toward the acquisition of the Forsyth Physicians Center. The borrower is a joint venture led by Anchor Health Properties. Forsyth Physicians Center is a...
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Alignment Credit acted as the sole lead arranger and administrative agent for a senior secured term loan commitment to Total MD, LLC (“Total Primary Care”) to refinance previous debt facilities and provide capital for continuing expansion.Founded in...
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Comvest Credit Partners acted as Administrative Agent and Sole Lender on a $153 million senior secured credit facility for Oak Dental Partners, an Atlanta-based dental service organization (DSO). The financing will be used to refinance the Company’s...
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Stellus Capital Management announced that its affiliates partnered with City National Bank to provide senior debt financing in support of Intuitive Health, a portfolio company of Altamont Capital Partners, on its acquisition of Premier ER & Urgent...
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eCapital Corp. announced eCapital Healthcare delivered funding to nine businesses in the healthcare industry during the first quarter of 2023. The transactions, ranging from $1 million to $15 million, represent eight working capital loans and one...
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Convergent Dental entered into a new credit facility of $40 million with Trinity Capital. The Company has drawn $20 million at closing, and has the option to draw an additional $20 million, subject to the conditions under the agreement.The Company...
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National Partners in Healthcare ("NPH"), a national healthcare organization delivering best-in-class anesthesiology services and a portfolio company of Assured Healthcare Partners, announced that Medstream Anesthesia Solutions ("Medstream") has...
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Siena Healthcare Finance announced the closing of a $15MM working capital facility for Michigan-based Optalis Health & Rehabilitation. Siena provided the line of credit for Optalis’ acquisition of a new SNF group.“We are thankful to partner with Raj...
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Culain Capital Funding completed a $2,000,000 Accounts Receivable Factoring Facility with a Specialized Healthcare Solutions Company.Mark Simshauser, Culain Capital Senior Vice President of Northeast Sales, originated and presented management with...
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LifeMD, a leading direct-to-patient telehealth company, closed on a new senior secured credit facility with Avenue Capital. The credit agreement, which matures on October 1, 2026, provides up to $40 million in total term loan capital including a...
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the strategic growth of Vytalize Health (“Vytalize”), alongside private equity sponsor, Enhanced...
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SetPoint Medical, a clinical-stage healthcare company dedicated to patients with chronic autoimmune diseases, announced a senior secured term loan facility of up to $65 million from Runway Growth Capital LLC. The loan is an expansion of an existing...
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January 20, 2023, 07:55 AM
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Steward Health Care System announced the completion of the extension of their ABL agreement with its lenders, through December 2023. Led by Citibank as Administrative Agent, the new agreement amends and restates in its entirety Steward’s previous...
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December 27, 2022, 07:33 AM
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Endodontic Practice Partners secured additional debt facility to expand its growing partnership of endodontic practices. The transaction, which closed on November 2, with Twin Brook Capital Partners ("Twin Brook") and sponsored by RC Capital, raised...
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December 05, 2022, 07:48 AM
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Oxford Finance closed a $115 million senior credit facility to Pearl Street Dental Partners, a fast-growing dental platform owned by SkyKnight Capital, dentists, and management.Proceeds from the transaction will be used to support the acquisition of...
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November 17, 2022, 07:36 AM
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Silicon Valley Bank and Hercules Capital provided a $300 million credit facility to Oak Street Health, a network of value-based primary care centers for adults on Medicare. The financing is intended to provide Oak Street Health with operational and...
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November 17, 2022, 07:00 AM
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White Oak Healthcare Finance acted as sole lender and administrative agent of a senior credit facility to United Dental Corporation, to finance four acquisitions in Arizona, California, Georgia and Colorado.“The dental care industry is large, growing...
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November 11, 2022, 07:58 AM
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SLR Healthcare ABL provided a $5MM asset-based revolving line of credit to a remote patient monitoring service.
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November 01, 2022, 06:00 AM
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CIT, a division of First Citizens Bank, announced that its Healthcare Finance business served as lead arranger of $58.9 million in financing for the acquisition of a portfolio of six micro-hospitals. The buyer is a joint venture directed by an...
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September 28, 2022, 08:00 AM
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SSG Capital Advisors acted as the investment banker to Path Medical, LLC and its parent company, Path Medical Center Holdings, Inc. in the sale of substantially all of its assets to an affiliate of Physicians Group, LLC. The sale was effectuated...
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September 09, 2022, 07:54 AM
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CIT, a division of First Citizens Bank, announced that its Healthcare Finance business increased its existing credit facilities for FOX Rehabilitation by $50 million for a total financing of $172.3 million. The original financing was developed in...
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August 31, 2022, 07:19 AM
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CIT, a division of First Citizens Bank, announced that its Healthcare Finance business served as lead arranger for $67.5 million in financing for the acquisition and future expansion of the Northwest Specialty Hospital in the Greater Spokane market...
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August 18, 2022, 07:23 AM
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When two Austin, Texas-based entrepreneurs identified an underserved opportunity within the healthcare staffing industry, they sought the payroll funding expertise of Fast AR Funding’s dedicated working capital team. With the COVID-19 pandemic...
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White Oak Global Advisors provided a senior credit facility to Prime Plastic Surgery & Med Spa (“Prime”), a healthcare partnership comprised of the country’s leading board-certified aesthetic surgery practices. Proceeds will be used to fuel future...
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Envision Healthcare, a leading national medical group, closed the first phase of a refinancing transaction with a majority of its first lien term loan lenders and, separately, consummated a refinancing transaction with its revolving lenders. These...
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Quotient Industrial Capital (QIC) provided an accounts receivable facility to an Infusion Care Nursing company, a provider for patients of CVS, Wallgreens and other national healthcare services companies. The QIC client will use proceeds of the...
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U.S. Physical Therapy, a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, closed a $325 million, five-year credit facility that includes a $150 million term loan and a $175 million...
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SmileDirectClub announced that SDC U.S. SmilePay SPV (“SPV”), a wholly-owned special purpose subsidiary of the Company, completed a new $255 million secured debt facility, strengthening the Company’s liquidity and providing greater flexibility to...
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Comvest Credit Partners, a provider of flexible financing solutions to middle-market companies, has acted as Administrative Agent in providing a $109 million senior secured credit facility to Oceans Healthcare, a Plano, Texas-based provider of...
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SLR Healthcare ABL provided a $3 million asset-based revolving line of credit to a skilled nursing home operator. SLR Healthcare ABL provides asset-based financing solutions to small and mid-size healthcare providers throughout the United States....
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White Oak Healthcare Finance acted as sole lender and administrative agent for a $395 million senior credit facility to Genesis Healthcare, Inc.With roots dating back to 1985, Genesis is a holding company with subsidiaries that, on a combined basis...
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Horizon Technology Finance closed a $15 million venture loan facility to Secure Transfusion Services, Inc. ("STS"), of which Horizon funded $5 million of the initial $10 million draw, and a private investment vehicle managed by Horizon Technology...
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White Oak Healthcare Finance acted as sole lender and administrative agent of a senior credit facility to recapitalize and extend growth capital to Youth Opportunity Investments (“YOI”), a provider of adolescent and psychiatric treatment services...
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CIT, a division of First Citizens Bank, announced that its Healthcare Finance business served as sole lead arranger on two financings totaling $80.7 million for the acquisition of surgical centers in Naples, Florida, and Alexandria, Louisiana. In...
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February 17, 2022, 07:00 AM
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White Oak Healthcare Finance acted as sole lender and administrative agent of a senior credit facility to Community Dental Partners (“CDP”). CDP is a specialty dental support organization (“DSO”) focused on pediatric dental practices and is a...
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February 15, 2022, 08:00 AM
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Alleon Healthcare Capital closed a $6,000,000 medical accounts receivable financing facility with a primary care provider network based in New Jersey (“Company”). The Company was founded in 2014 and partners with independent primary care...
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February 04, 2022, 07:08 AM
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Providence Care (“Providence”) by private equity sponsor, InTandem Capital. Founded in 2010 and headquartered...
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January 27, 2022, 07:55 AM
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NXT Capital closed a senior credit facility in support of Sentinel Capital Partners’ acquisition of TTG Imaging Solutions, LLC. NXT Capital acted as the Administrative Agent, Lead Arranger, and Lead Bookrunner on this transaction. “The NXT Capital...
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January 18, 2022, 07:40 AM
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Aleafia Health closed a credit facility of up to $19 million. The Credit Facility is financed by the Garrington Group of Companies, a Toronto-based private lender providing working capital financing to the underserved, small to mid-sized middle...
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December 29, 2021, 08:10 AM
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White Oak Healthcare Finance acted as sole lender and administrative agent of a senior credit facility to support the acquisition of Port 45 Recovery LLC (“Port 45”) by Sunrise Treatment Center, a Bridges Fund Management L.P. portfolio...
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November 10, 2021, 07:57 AM
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Viracta Therapeutics, a precision oncology company primarily focused on targeting virus-associated malignancies, entered into a loan and security agreement with Silicon Valley Bank (SVB) and Oxford Finance LLC (Oxford) for up to $50.0 million. In...
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November 08, 2021, 08:02 AM
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CIT Group announced that its Healthcare Finance business served as sole lead arranger on $55.5 million in financing for New Day Healthcare. New Day Healthcare, founded by long term home care executive G. Scott Herman, partners with market-leading...
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November 05, 2021, 07:40 AM
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VFP Pharmacy Group (“Village”, “VFP”, or the “Company”), a portfolio company of BelHealth Investment Partner, a healthcare private equity firm based in Fort Lauderdale, Florida, announced the completion of a financing from ORIX Corporation USA’s...
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October 21, 2021, 07:07 AM
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization of Health Network One (“HNO”) by private equity sponsor, H.I.G. Capital, LLC. Founded in 1999 and...
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October 20, 2021, 07:11 AM
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CIBC Innovation Banking provided a $30 million credit facility for Atlanta-based Azalea Health (“Azalea”). Azalea will use the capital to aid in its recent acquisition of dashboardMD, a cloud-based provider of business intelligence reporting...
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October 18, 2021, 07:33 AM
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White Oak Healthcare Finance acted as sole lender and administrative agent of a senior credit facility to HighFive Healthcare. HighFive is a specialty dental service organization (“DSO”) focused on acquiring high production endodontics and oral...
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October 08, 2021, 07:51 AM
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CIBC Innovation Banking provied a $15 million acquisition credit facility to Pennsylvania-based Blue Cloud Pediatric Surgery Centers (“Blue Cloud”), a leading provider of pediatric dental services in ambulatory surgical centers across the country....
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September 30, 2021, 07:40 AM
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Horizon Technology Finance led a $15 million venture loan facility to Spineology, Inc. ("Spineology"), of which Horizon funded $5 million of the initial $10 million draw and a private investment vehicle managed by Horizon Technology Finance...
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September 21, 2021, 07:50 AM
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Pacific Western Bank provided a $25 million debt facility to existing client, Truvian Sciences ("Truvian"), a healthcare company paving the way in the blood testing industry with its automated diagnostic system that provides lab-accurate results at...
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September 15, 2021, 07:00 AM
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Premier Health of America, a leading Canadian Healthtech company, negotiated the provision of two senior secured credit facilities by Royal Bank of Canada (“RBC”) for a total amount of up to C$27,00,000 (US$21.4 million).The first Credit Facility is...
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August 31, 2021, 07:16 AM
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SSG Advisors acted as the investment banker to Avadim Health, Inc., in the sale of substantially all of its assets to an affiliate of Hayfin Capital Management. The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy...
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August 20, 2021, 07:38 AM
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Houlihan Lokey announced that Arcadia Consumer Healthcare, a portfolio company of Avista Capital Partners, has entered into a definitive agreement to be acquired by Bansk Group.Arcadia Consumer Healthcare is a recognized leader in the consumer...
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August 11, 2021, 06:10 AM
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Organogenesis Holdings announced a new credit agreement with Silicon Valley Bank, the lead agent, and several other lenders. The agreement provides for a credit facility in the aggregate principal amount of $200 million, consisting of a $75 million...
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August 10, 2021, 07:45 AM
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SG Credit provides a $5 million senior secured cash flow term loan to a mental and behavioral health services provider. The company is a family-office backed provider of mental and behavioral health services catering to Medicaid patients that was...
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August 04, 2021, 07:39 AM
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CIT Group announced that its Healthcare Finance business served as lead arranger of $100 million in financing for Cornerstone Healthcare Group Holdings Inc. and their long-term acute care hospital division.Based in Dallas and founded in 1990...
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Alignment Credit acted as the sole lead arranger and administrative agent on up to $20.0 million senior secured credit facilities for MindCare Solutions Group, in order to support MindCare’s acquisition of TriCounty Tele Behavioral Services, LLC and...
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Monroe Capital acted as sole lead arranger on the funding of a senior credit facility to support the refinancing of Caravel Autism Health (“Caravel”) and its future growth. Caravel is an existing portfolio company of Frazier Healthcare...
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White Oak Healthcare Finance acted as sole lender and administrative agent of a senior credit facility to support Advanced Recovery Systems, LLC, a Goldman Sachs Asset Management portfolio company. ARS provides inpatient and outpatient treatment...
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Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support the acquisition of Summit Spine & Joint Centers by MSouth Equity Partners, an Atlanta-based private equity...
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NavaDerm Partners completed a financing with CRG, a healthcare investment firm. Through the transaction with CRG, NavaDerm will initially access $20 million of debt and the proceeds will be used to retire existing debt and provide capital for...
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VBI Vaccines announced an agreement to drawdown a $12 million second tranche under its previously announced debt financing facility with K2 HealthVentures (K2HV), a healthcare-focused specialty finance company. Under the terms of the debt financing...
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White Oak Healthcare MOB REIT acquired a Class-A Medical Office Building in the Atlanta metropolitan area. The Class-A medical office building is primarily leased to Emory Specialty Associates, a subsidiary of Emory Healthcare and Emory University...
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Alleon Healthcare Capital closed a $2,500,000 medical accounts receivable financing facility with a home care provider in New York (“Company”). The Company provides personal care, private duty nursing, clinical care, and related home care services...
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Siena Healthcare Finance provided a $12,000,000 working capital facility for a California-based transportation company that provides non-emergency medical transportation. The facility consists of a revolver and term loan against the company’s vehicle...
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White Oak Healthcare Finance acted as sole lender and administrative agent on the funding of a $25 million asset-based senior credit facility for Aspen Skilled Healthcare, Inc. The funds will primarily be used to finance ongoing working capital....
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WELL Health Technologies Corp. reported that concurrent with its acquisition of CRH Medical Corporation ("CRH"), CRH has entered into an amended senior secured credit arrangement administered by JPMorgan Chase Bank in respect of revolving credit...
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AdaptHealth Corp. amended its senior secured credit facilities to increase its term loan by $100 million and to expand the maximum borrowing capacity under its revolving credit facility from $250 million to $450 million. The primary use of proceeds...
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Siena Healthcare Finance recently led a $35MM asset-based line of credit for a home health company based in NY. The line will be used to support acquisitions and provide working capital for ongoing operations and growth initiatives. The Company...
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CIT Group's Healthcare Finance business served as sole lead arranger on an $18.5 million loan to finance the acquisition of the Singing River Cancer Center in Florence, Alabama.The borrower, Cypress West Partners is an experienced and successful...
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a $120 million senior credit facility to support the recapitalization of an infusion therapy business by a private equity sponsor.The company is a provider of home...
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White Oak Healthcare Finance acted as sole lender and administrative agent on the funding of a senior credit facility for ViaQuest Holdings, Ltd. and affiliates to support the acquisition by Council Capital, a Nashville based private equity fund....
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CIT Group's Healthcare Finance business served as sole lead arranger on a $39 million loan to finance the Jefferson Health medical office building adjoining the Philadelphia Navy Yard Corporate Center. The borrower, Norvin Healthcare Properties, is...
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One year into the COVID-19 pandemic, healthcare companies are rethinking their corporate strategy and evaluating mergers, acquisitions and divestitures, according to the Global Healthcare team at Mitsubishi UFJ Financial Group (MUFG). The team...
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NextGen Healthcare entered into a $300 million second amended and restated revolving credit agreement with JPMorgan Chase Bank as administrative agent, U.S. Bank National Association and Bank of the West, as co-syndication agents, and certain other...
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CIT Group's Healthcare Finance business served as sole lead arranger on $16.1 million in financing for the acquisition of a portfolio of dialysis centers.Cypress West Partners acquired the portfolio of six newly constructed built-to-suit dialysis...
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February 05, 2021, 08:00 AM
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Oxford Finance closed a $47 million senior credit facility to Averhealth, a provider of substance use testing and monitoring services tailored to the unique needs of courts and social service agencies. Averhealth is a portfolio company of Five Arrows...
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February 03, 2021, 08:00 AM
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Antares announced that it closed more than 55 healthcare industry transactions in 2020 bringing total commitments to healthcare borrowers to more than $4.5 billion. Throughout 2020, Antares supported the refinancing and growth initiatives of existing...
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February 02, 2021, 08:15 AM
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The healthcare and life sciences deal markets were active in 2020 and promise to continue to be robust into 2021, even amid the COVID-19 pandemic, according to the KPMG 2021 Healthcare and Life Sciences Investment Outlook survey.Investors are making...
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January 28, 2021, 08:00 AM
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Capital One served as administrative agent and sole lender for a credit facility totaling $200 million for Maxim Healthcare. The credit facility will be used to support continued growth in Maxim’s home care and staffing businesses. Maxim is one of...
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January 27, 2021, 08:00 AM
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Runway Growth Capital announced the closing of a senior secured term loan of $50 million to Gynesonics, a healthcare company focused on advancing women's health by developing minimally invasive, incision-free, uterus-preserving, transcervical...
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January 13, 2021, 08:30 AM
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Huntington Business Credit acting as administrative agent and joint lead arranger announced it closed a new $250,000,000 credit facility with Concordance Healthcare Solutions, LLC on December 28, 2020. Proceeds of the facility were used to refinance...
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January 13, 2021, 08:15 AM
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Healthcare venture fundraising soared to $17 billion in 2020, a 57% increase over 2019's record, according to Silicon Valley Bank (SVB). Investment in venture-backed companies also rose to a new high of $51 billion.SVB's 10th annual Healthcare...
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January 07, 2021, 08:25 AM
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CIT Group Inc. announced that its Healthcare Finance group, part of the company's Commercial Finance division, has arranged a $75 million senior secured asset-based credit facility on behalf of One Call Corporation, a leading service provider to the...
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December 02, 2020, 08:50 AM
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Oxford Finance LLC (“Oxford”), a specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, has announced the closing of a $60 million senior secured term loan with RxSight, Inc. (“RxSight” or “the...
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December 02, 2020, 08:00 AM
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Quantum Health, the industry-leading consumer healthcare navigation and care coordination company, announced today a significant investment from Warburg Pincus, a leading global private equity firm focused on growth investing. Great Hill Partners...
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November 25, 2020, 08:50 AM
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Novocure, a global oncology company working to extend survival in some of the most aggressive forms of cancer, today announced the closing of a new $150 million senior secured revolving credit facility with JPMorgan Chase Bank, N.A. as administrative...
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November 09, 2020, 08:55 AM
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Unified Women’s Healthcare (“Unified” or the “Company”), the leading practice management platform in women’s healthcare, today announced that it has entered into a definitive agreement to add Altas Partners (“Altas”) as a strategic partner. Altas, a...
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November 09, 2020, 08:30 AM
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Varagon Capital Partners (Varagon) is serving as Administrative Agent, Joint Lead Arranger and Bookrunner on a senior secured credit facility to support the acquisition of US HealthConnect (USHC) by investment funds managed by Morgan Stanley Capital...
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November 06, 2020, 08:00 AM
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CIT announced that its Healthcare Finance business served as sole lead arranger for a $33.2 million loan to acquire a portfolio of medical office buildings across five states.The borrower, Montecito Medical Real Estate, used the loan proceeds to...
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October 07, 2020, 09:15 AM
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Oxford Finance LLC (Oxford), a specialty finance firm that provides senior debt to healthcare services and life sciences companies worldwide, today announced the closing of a senior credit facility to Valor Healthcare, Inc., an outsourced provider of...
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October 06, 2020, 08:50 AM
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White Oak Healthcare Finance, LLC announced it acted as sole lender and administrative agent on the funding of a senior credit facility to finance growth for National Partners in Healthcare, LLC (“NPH”).“NPH is a market leading anesthesia business...
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September 30, 2020, 09:04 AM
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Alvarez & Marsal's (A&M) Healthcare Industry Group has expanded its Technology Advisory and Transformation services with the addition of Ian Donner and Avishek Nandi and as Senior Directors in New York. This expanded capability is in response to...
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September 30, 2020, 08:55 AM
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CIT Group Inc. announced that its Healthcare Finance group, part of the company's Commercial Finance division, provided a $20 million senior secured credit facility for Protech Home Medical Corp., a leader in the home medical equipment industry...
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September 21, 2020, 08:55 AM
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CIT Group and its Healthcare Finance unit announced a $25 million loan supporting Seavest Healthcare Properties’ acquisition of the MLK Community Hospital Medical Office Building in South Los Angeles. The private, nonprofit hospital provides...
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Cambridge Savings Bank (CSB) announced the closing of a $4,350,000 senior secured credit facility with Purity Linen Services, Inc., a full-service linen commercial laundry company serving the healthcare industry based in New Bedford...
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WellSky, a global health and community care technology company, and TPG Capital, the private equity platform of alternative asset firm TPG, announced they have entered into a definitive agreement to add Leonard Green & Partners, L.P. (LGP), a private...
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The outbreak of COVID-19 is both benefiting and challenging the U.S. healthcare industry in ways that will continue to evolve in the coming quarters, according to the Global Healthcare team at Mitsubishi UFJ Financial Group (MUFG).The team issued its...
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CIT Group announced that its Healthcare Finance unit served as the lead arranger of $93.7 million in combined financing for 19 healthcare facilities in California, Nevada and Washington between New Generation Health LLC (New Gen) and affiliates of...
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February 19, 2020, 08:00 AM
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Agile Therapeutics, Inc., a women’s healthcare company, announced that it has entered into a senior secured term loan credit facility with Perceptive Advisors to provide Agile with up to $35 million through term loans in three tranches. $5 million...
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February 11, 2020, 08:00 AM
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People's United Bank, N.A., a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), announced its Healthcare Finance Group provided a $15.5 million Credit Facility to Esplanade Capital LLC., an owner and manager of a portfolio of healthcare...
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February 06, 2020, 08:30 AM
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Twin Brook Capital Partners, the middle market direct lending subsidiary of Angelo Gordon, announced that it has committed over $3.3 billion to private equity sponsors in support of healthcare transactions, including over $1.3 billion last year alone...
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January 09, 2020, 09:10 AM
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SSG Capital Advisors, LLC ("SSG") acted as the investment banker to Philadelphia Academic Health System, LLC ("PAHS") and its operating subsidiaries St. Christopher's Healthcare, LLC and affiliated physician practice groups ("St. Christopher's" or...
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January 08, 2020, 09:00 AM
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Essex Capital Group, Inc. announced that the firm recently arranged a $77,570,000 balance sheet recapitalization for CAN Community Health, Inc. ("CAN" or the "Company"), a private, not-for-profit organization dedicated to the treatment, care and...
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December 18, 2019, 08:50 AM
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Gibraltar recently offered its lending services to a sponsored company with a stake in the future of healthcare.Gibraltar’s new client provides customized service bundles to hospitals and ambulatory surgical centers to support minimally invasive...
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December 10, 2019, 08:45 AM
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AccessOne, a leading provider of patient financing solutions designed to help consumers manage their healthcare costs, today announced it has recently closed a $225 million financing with PNC Bank, a leading financial institution with deep ties to...
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November 20, 2019, 08:55 AM
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A Capital One annual survey revealed healthcare services executives continue to have an optimistic outlook for business performance heading into 2020. Over the next year, more than two-thirds (69 percent) of executives predict their businesses will...
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November 07, 2019, 09:00 AM
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Cross Country Healthcare, Inc. announced the Company entered into a new $120 million senior secured asset-based credit facility (ABL) replacing its prior credit facility. The initial amounts drawn on the new ABL included funds to repay its...
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October 29, 2019, 08:58 AM
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Wells Fargo Strategic Capital, a division of Wells Fargo & Company, announced Dr. Rodney Altman as the newest managing director in its Healthcare Group, effective immediately. Altman, also a part-time physician at Stanford University Medical Center...
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October 24, 2019, 09:05 AM
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Capital One announced that it closed a $36 million loan to finance the acquisition of a lab-capable office campus in San Diego by BioMed Realty, a Blackstone portfolio company. Funding includes a holdback for the redevelopment of office space as...
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October 24, 2019, 08:39 AM
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Hospital market concentration in U.S. metro areas increased by 5 percentage points from 2012 to 2016, according to a recent report from the Health Care Cost Institute, stoking the debate about industry consolidation and its impact on healthcare costs...
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October 08, 2019, 08:35 AM
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Catasys, Inc., a leading AI and technology-enabled healthcare company, has entered into a financing agreement with Goldman Sachs Specialty Lending Group, L.P. involving the placement of Senior Secured Notes due 2024 pursuant to a committed purchase...
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September 26, 2019, 08:00 AM
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DAVITA INC., a Fortune 500 health care provider focused on transforming care delivery to improve quality of life for patients around the globe and the largest provider of kidney care services in the U.S., announced today that it has entered into a...
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August 19, 2019, 08:55 AM
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CIT Group Inc. announced that its Healthcare Finance unit has served as sole lead arranger on a $60 million senior secured credit facility to Partners Pharmacy.Headquartered in Springfield, N.J., Partners Pharmacy is one of the nation’s top providers...
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August 16, 2019, 09:00 AM
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Capital One Healthcare’s Corporate Finance group maintained its position as the No. 1 lead arranger of healthcare leveraged loans by deal count for transactions up to $1 billion for the first half of 2019, according to league tables produced with...
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August 14, 2019, 08:55 AM
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People's United Bank, N.A. a subsidiary of People's United Financial, Inc. (PBCT), announced its Healthcare Finance and Capital Markets Divisions served as Lead Arranger and Administrative Agent for an $80 million Senior Secured Credit Facility to...
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NeoGenomics, Inc. (NEO), a provider of cancer-focused genetic testing services, announced that the company has entered into a new $250 million five-year Senior Secured Credit Agreement consisting of a $100 million Revolving Credit Facility, a $100...
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National Health Investors, Inc. announced it will fund a $10.8 million construction loan for a 66-bed assisted living and memory care community located in Oshkosh, Wisconsin. Construction on the facility is expected to begin immediately after closing...
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Capital One announced it participated in a $430 million syndicated loan to finance Phase 1 of the Gateway of Pacific campus in San Francisco for BioMed Realty, a Blackstone portfolio company. The financing was provided by a syndicate of banks led by...
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Sterling National Bank provided senior secured credit facilities totaling $20 million to Digirad Health Inc. Founded in 1985, Digirad and its subsidiaries develop, manufacture, assemble, sell, service, rent and/or lease diagnostic imaging equipment...
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White Oak Healthcare Finance, LLC announced it acted as sole lead arranger on the funding of a senior credit facility to refinance United Medical Systems, Inc. (UMS), a portfolio company of New State Capital. UMS is a leading provider of shared...
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White Oak Healthcare Finance, LLC announced it acted as sole lead arranger on the funding of a senior credit facility to finance the growth of Dental365. The Company is a leading dental service organization (DSO) in the New York City tri-state...
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CIT Group Inc. announced that its Healthcare Finance business served as sole lead arranger for a $64 million loan to refinance assisted living facilities in Florida.
The borrower, Virtus Real Estate Capital (Virtus), is refinancing a portfolio of...
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The Antares Bain Capital Complete Financing Solution (ABCS), a joint venture between Antares and Bain Capital Credit, announced the closing of a $270 million senior secured unitranche credit facility to support the acquisition of Comprehensive...
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Silicon Valley Bank (SVB) announced that it led a $55 million senior secured term loan to US HealthVest (USHV), a developer and operator of behavioral health facilities.The financing includes a $30 million first lien revolving line and term loan from...
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CIT Group Inc. announced its Healthcare Finance business served as sole lead arranger for $36.8 million in financing for the real estate acquisition of the Bakersfield Heart Hospital by The Sanders Trust.Bakersfield Heart Hospital is an award-winning...
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Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, today announced the closing of a $96 million term loan to an affiliate of Summit Healthcare REIT, Inc. (Summit)....
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Twin Brook Capital Partners, the middle market direct lending subsidiary of Angelo Gordon, announced that Timothy Wentink has joined the Firm as a Managing Director focused on its Healthcare Lending business. Wentink joins the Twin Brook team from...
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Oxford Finance LLC (Oxford), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced the closing of a $43.3 million term loan and line of credit to Continuing Healthcare Solutions, Inc....
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February 13, 2019, 07:26 AM
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GreenSky, Inc., a financial technology company Powering Commerce at the Point of Sale SM, announced the launch of its first revolving credit product specifically designed to meet additional needs of their healthcare provider network and their...
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January 30, 2019, 08:18 AM
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Turnaround firm Healthcare Management Partners (HMP), acting as the court-appointed receiver, has closed the sale of substantially all assets pertaining to two Alabama-based senior care facilities (Cullman ALF Group, LLC and Decatur ALF Group, LLC)...
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January 16, 2019, 07:31 AM
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White Oak Healthcare Finance, LLC announced it acted as sole lender and administrative agent on the funding of a $161 million senior credit facility for Allegiant Healthcare and Hillstone Healthcare, Inc.. The funds were used to acquire and provide...
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January 03, 2019, 08:16 AM
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Capital One announced the sale of a portfolio of 12 skilled nursing facility (SNF) and seniors housing loans to White Oak Healthcare Finance, a subsidiary of White Oak Global Advisors. Capital One provided debt financing for the transaction....
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December 20, 2018, 08:15 AM
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NXT Capital announced today that it has provided a senior secured credit facility to support Audax Private Equity’s acquisition of PHOENIX Rehabilitation and Health Services.
NXT Capital acted as the Sole Lead Arranger, Administrative Agent and Sole...
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December 13, 2018, 07:15 AM
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Health care IT remains a hot investment sector despite concerns about these companies being overvalued, according to KPMG-Leavitt Partners 2019 Investment Outlook, a survey of health care investment professionals.
More than a third of respondents...
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December 12, 2018, 07:07 AM
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Healthcare-focused private equity is on the brink of a record year, according to new data from Preqin. Capital has flowed into the sector, with healthcare-focused private equity-backed buyout deals seeing year-on-year increases in aggregate deal...
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December 06, 2018, 08:01 AM
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Premier Inc. announced that its subsidiaries have entered into a new, five-year unsecured revolving facility that provides up to $1.0 billion of borrowing availability. The maximum amount of the facility can be increased by an aggregate $350.0...
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November 19, 2018, 08:32 AM
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White Oak Healthcare Finance, LLC (White Oak) announced it acted as administrative agent and lead lender on the funding of a $190 million senior credit facility of 17 skilled nursing facilities for BM Eagle Holdings, LLC (BM Eagle), a joint venture...
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November 15, 2018, 07:22 AM
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Healthcare service providers are confronting significant challenges with reimbursement and payments, staffing shortages, and the cost and complexity of technology implementation as the industry heads into 2019, according to a new survey by investment...
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November 14, 2018, 08:10 AM
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White Oak Healthcare Finance, LLC announced it acted as sole lead arranger and administrative agent on the upsizing of the senior credit facility to University Health System (UHS), a division of Biomedical Research Foundation of Northwest Louisiana...
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November 08, 2018, 07:00 AM
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Capital One announced that it served as the agent, joint lead arranger, and sole bookrunner for a $269.6 million senior credit facility—consisting of a $250 million cash-flow-based revolver and a $19.6 million delayed-draw term loan—for Addus...
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November 07, 2018, 08:03 AM
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The rise of hospitals filing for Chapter 11 bankruptcy has shaped the U.S. economic distress in the third quarter of 2018, which is detailed in the latest Polsinelli-TrBK Distress Indices Report.
The report shows how health care has decoupled from...
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November 01, 2018, 08:00 AM
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Capital One announced that it provided an $11 million adjustable-rate loan to Altera Development, a Dallas-based real estate development company that develops and manages properties including medical office, hospital, multifamily, and industrial...
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November 01, 2018, 07:11 AM
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White Oak Healthcare Finance, LLC announced that it closed an incremental financing for SoClean, Inc., a portfolio company of DW Healthcare Partners (DW). SoClean is the only provider of fully automated cleaning devices for Continuous Positive...
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October 10, 2018, 07:07 AM
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White Oak Healthcare Finance, LLC announced it acted as sole lender and administrative agent on the funding of a $28 million senior credit facility for Granite Investment Group (Granite). Secured by three skilled nursing facilities in Texas, the...
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October 04, 2018, 07:10 AM
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Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, announced the close of a $10 million credit facility to a leading skilled nursing and assisted living provider that operates 64 facilities in the...
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September 26, 2018, 07:10 AM
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White Oak Healthcare Finance, LLC announced it acted as sole lender and administrative agent on the funding of a $33.2 million senior credit facility for Granite Investment Group (Granite). The funds were used to refinance a portfolio of four...
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September 20, 2018, 07:17 AM
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CIT Group Inc. announced that its Healthcare Finance business served as administrative agent and lead arranger for $115 million first lien credit facility and sole lead arranger for a $29 million second lien credit facility on behalf of Bristol...
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September 14, 2018, 07:19 AM
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White Oak Healthcare Finance, LLC (White Oak), announced it acted as sole lender and administrative agent on the funding of a $20 million asset based senior credit facility for Fox Rehabilitation, Inc. (Fox). The funds were primarily used to...
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September 05, 2018, 07:08 AM
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Verity Health System of California, Inc., a nonprofit healthcare system, today filed voluntary petitions for protection under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Central District of California – Los Angeles...
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September 04, 2018, 08:01 AM
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Medical Facilities Corporation, has entered into an agreement providing for a new U.S. $150 million syndicated revolving credit facility.The new U.S. dollar denominated credit facility has a five year maturity and replaces the Company's $100 million...
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August 31, 2018, 07:06 AM
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Emergent BioSolutions Inc. announced that it has entered into an agreement to acquire Adapt Pharma and its flagship product NARCAN® (naloxone HCl) Nasal Spray, the first and only needle-free formulation of naloxone approved by the U.S. Food and Drug...
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August 30, 2018, 08:02 AM
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Modern Healthcare Metrics, a joint venture leveraging the strength and integrity of Modern Healthcare and Healthcare Management Partners (HMP), has launched.Modern Healthcare Metrics is a proprietary subscription service that delivers insight into...
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August 30, 2018, 08:00 AM
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Hooper Holmes, Inc. d/b/a Provant Health announced that it has entered into an asset purchase agreement with Summit Health, Inc., a subsidiary of Quest Diagnostics, a provider of diagnostic information services.Under the asset purchase agreement...
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August 29, 2018, 08:00 AM
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Capital One Healthcare’s Corporate Finance group resumed its position as the No. 1 lead arranger of healthcare leveraged loans by deal count in every category up to $1 billion, according to league tables produced with data from Thomson Reuters LPC....
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August 28, 2018, 08:00 AM
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Monticello Asset Management, LLC announced that two of Monticello’s investment vehicles originated $8.88 million in first lien debt financing to Madison Due West Property, LLC and a $1.50 million working capital loan the operating company of the...
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August 24, 2018, 07:04 AM
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White Oak Healthcare Finance, LLC (White Oak), announced it acted as lead lender and administrative agent on the funding of a $40 million asset based senior credit facility for LifeCare Holdings, Inc. (LifeCare). The funds were primarily used to...
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August 22, 2018, 07:13 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $32.7 million credit facility and equity co-investment to support the recapitalization of S&S HealthCare Strategies, Ltd. (“S&S”) by private...
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August 14, 2018, 08:15 AM
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White Oak Healthcare Finance, LLC announced it acted as sole lender and administrative agent on the funding of a $34.8 million senior credit facility to Vita Healthcare Group, LLC (Vita). The funds were used to finance the acquisition of two skilled...
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August 08, 2018, 07:13 AM
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Sharecare, a digital health company helping people manage all their health in one place, announced that it is acquiring Window Channel Network (WCN), a leading distributor of original HD relaxation and wellness videos that empower viewers to find...
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White Oak Healthcare Finance, LLC announced it acted as sole lender and administrative agent on the funding of a $20.65 million senior credit facility to finance the acquisition of Total Care Rx, Inc. (Total Care) by Celerity Partners. The company...
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White Oak Healthcare Finance, LLC, as sole lender and administrative agent, announced it closed the financing for LifeCare Health Partners’ acquisitions of EverCare Health Services, a provider of personal care and transitional support, as well as...
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Despite U.S. healthcare defaults at a 16-year low, profits of some issuers are challenged, according to a new Fitch Ratings report."Payor consolidation and increasing scrutiny of both high cost drugs and care delivery settings are hurting healthcare...
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Amedisys, Inc.,an independent home health, hospice care and personal care company, announced that it entered into a new secured revolving credit facility on June 29, 2018. The new credit facility expands the Company's borrowing capacity by $250...
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CIT Group Inc. announced that its Healthcare Finance business, part of CIT's Commercial Finance division, has closed on a $26.6 million loan to finance the purchase of two adjoining medical office buildings in Rockville, Md. The properties, known as...
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Capital One announced that it provided a $65 million adjustable-rate loan to Holiday Retirement to recapitalize two senior housing facilities that it owns and operates. Located in Cincinnati, Ohio, and Austin, Texas, the properties comprise 412 units...
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Ardent Health Services announced a plan to refinance its existing debt. The proposed transactions include $990 million in new senior secured credit facilities and the issuance by AHP Health Partners, Inc, a direct majority-owned subsidiary of Ardent...
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Capital One announced that it served as administrative agent, sole lead arranger, and bookrunner on a $150 million senior secured credit facility for AccessOne. A leading provider of flexible, co-branded financing options that help patients manage...
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NXT Capital announced that it has provided an $80 million senior secured credit facility to support Tailwind Capital’s acquisition of Abode Healthcare. NXT Capital acted as the Administrative Agent, Joint Lead Arranger and Joint Bookrunner for this...
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Capital One announced that it served as administrative agent on a $375 million senior secured unitranche facility for AccentCare, Inc., one of the largest for-profit home healthcare providers in the United States and a portfolio company of Oak Hill...
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White Oak Healthcare Finance, LLC announced it acted as sole lead arranger and administrative agent on the funding of a $30 million senior credit facility to University Health System (UHS), a division of Biomedical Research Foundation of Northwest...
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Rotech Healthcare Inc. entered into a new $185 million credit agreement with a diversified group of lenders including SunTrust Bank as administrative agent and issuing lender and SunTrust Robinson Humphrey, Inc., Regions Bank and Fifth Third Bank, as...
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Private equity investment firm Veritas Capital and General Electric Co. announced an affiliate of Veritas has entered into a definitive agreement with GE to acquire the Enterprise Financial Management (Revenue-Cycle, Centricity Business), Ambulatory...
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Quality Systems, Inc., known to its clients as NextGen Healthcare, announced that it entered into a $300 million amended and restated revolving credit agreement with JPMorgan Chase Bank, N.A., as administrative agent, U.S. Bank National Association...
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Alvarez & Marsal (A&M) announced the appointment of Debra Richman as a Managing Director in the firm’s Healthcare Industry Group based in New York. In this role, Richman will advise a spectrum of healthcare industry clients, ranging from payors and...
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Comvest Credit Partners has acted as Documentation Agent and Lender in a $169.5 million senior secured credit facility to American Physician Partners, LLC, a company backed by APP’s management team and BBH Capital Partners.
APP provides hospitals...
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CNH Finance, L.P., a specialty finance company headquartered in Greenwich, Connecticut, announced the expansion of its national commercial healthcare lending capabilities with the acquisition of Triumph Healthcare Finance, a division of TBK Bank, SSB...
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Cigna Corporation and Express Scripts Holding Company announced that they have entered into a definitive agreement whereby Cigna will acquire Express Scripts in a cash and stock transaction valued at approximately $67 billion, including Cigna's...
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CIT Group Inc. announced the Healthcare Finance team within its Commercial Finance business provided a $175 million senior secured credit facility to QMES LLC, a large distributor of durable medical equipment to patients in seven Mid-Atlantic and...
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Hanger, Inc. entered into a Credit Agreement by and among the Company, the various financial institutions party thereto as lenders and issuers, and Bank of America, N.A., as agent.
The Credit Agreement provides for (i) a revolving credit facility...
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Genesis HealthCare, one of the nation’s largest providers of post-acute care, announced it has secured new financing commitments including a commitment for a new $555 million asset based lending (ABL) facility and an agreement for an amended and...
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February 22, 2018, 07:11 AM
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AMN Healthcare Services, Inc., an innovator in healthcare workforce solutions and staffing services, announced that it has entered into a new $400 million revolving credit facility. The agreement also includes the ability to expand borrowing by $250...
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February 12, 2018, 07:32 AM
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CIT Group Inc. announced that its Healthcare Finance business has closed a $136.9 million senior secured credit facility for CommuniCare Health Services Inc., a privately held company headquartered in Cincinnati, Ohio. The credit facility is...
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January 23, 2018, 07:34 AM
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Super G provided a $2 million working capital loan to a sponsor-backed provider of employee healthcare management services.The company was seeking additional working capital for seasonality around Q4 employee enrollment, to cushion to continue growth...
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January 11, 2018, 07:25 AM
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Capital One Healthcare’s Corporate Finance group has been named the No. 1 lead arranger for healthcare leveraged loans up to $1 billion, according to Thomson Reuters. The corporate finance team closed 54 transactions in 2017. Capital One Healthcare...
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January 09, 2018, 07:26 AM
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Capital One’s annual survey of healthcare leaders found that industry executives are doubling down on their already-positive outlook for merger and acquisition activity. The survey of more than 300 senior executives found that exactly half of...
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January 03, 2018, 07:30 AM
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Diplomat Pharmacy, Inc. has completed its acquisition of Leehar Distributors, LLC, doing business as LDI Integrated Pharmacy Services, from Nautic Partners, LLC; Oak HC/FT Partners, L.P.; and LDI management. Diplomat has also entered into new $800...
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December 21, 2017, 07:18 AM
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Kindred Healthcare, Inc. announced that its Board of Directors has approved a definitive agreement under which it will be acquired by a consortium of three companies: TPG Capital, Welsh, Carson, Anderson & Stowe (WCAS) and Humana Inc. for...
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December 21, 2017, 07:16 AM
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With several sectors in the Healthcare & Life Sciences industry seen as overvalued, finance executives are concerned that a market bubble is developing. However, despite bubble concerns, they expect a great deal of investment and M&A activity in...
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December 20, 2017, 07:27 AM
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ABILITY Network (ABILITY), a leading healthcare information technology company, announced that it has closed a debt issuance totaling $545 million. Proceeds will be used to replace existing debt at lower rates and extended maturities, fund cash to...
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December 15, 2017, 07:11 AM
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SSG Capital Advisors, LLC (SSG) acted as the investment banker to North Philadelphia Health System (NPHS) in the sale of substantially all of its assets to an affiliate of Iron Stone Partners. The sale was effectuated through a Chapter 11 Section...
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December 14, 2017, 07:19 AM
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CVS Health, a company at the forefront of changing the health care landscape, and Aetna, one of the nation's leading diversified health care benefits companies, announced the execution of a definitive merger agreement under which CVS Health will...
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December 04, 2017, 08:00 AM
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Gemino Healthcare Finance continues to expand its portfolio and recently served as sole lender for a $20 million senior secured asset-based revolving credit facility to Medical Services of America (“MSA”). Proceeds from the loan will be used to pay...
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October 12, 2017, 07:08 AM
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AAC Holdings, Inc. announced it has secured a $65 million acquisition financing commitment from Credit Suisse Securities (USA) LLC in conjunction with a senior secured incremental term loan facility arranged by Credit Suisse Securities (USA) LLC...
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October 10, 2017, 07:15 AM
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Capital One announced that it provided a $30 million increase to its senior secured, asset-based revolving credit facility for Maxim Healthcare Services, raising the total commitment to $155 million. Maxim is using the proceeds to fund growth and...
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October 03, 2017, 08:00 AM
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Bridge Bank announced it has expanded its relationship with Tabula Rasa Healthcare, a healthcare technology company optimizing medication safety, through a new credit facility. The new credit facility will support Tabula Rasa’s pursuit to improve...
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September 29, 2017, 07:11 AM
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A Capital One survey revealed that seniors housing and long-term care executives have an optimistic outlook for M&A activity heading into the fourth quarter of 2017. Eighty-nine percent of executives predict that the pace of M&A in the sector will...
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September 28, 2017, 07:35 AM
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White Oak Healthcare Finance, LLC announced that it closed a financing for Hopebridge, LLC (Hopebridge). Hopebridge provides pediatric, clinic-based, outpatient therapy services to children and adolescents struggling with developmental and...
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September 27, 2017, 07:00 AM
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Waud Capital Partners, a Chicago, IL-based growth-oriented middle market private equity firm, has entered into a partnership with Vincent Bradley, a healthcare industry executive, to pursue investments in the multi-site healthcare industry.Waud...
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September 22, 2017, 07:07 AM
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LifeCare Home Health LLC, a leading post-acute health care company, announced the acquisition of Beyond Faith Homecare & Rehab LLC, which has multiple locations across Texas. White Oak Healthcare Finance, LLC (White Oak) leads the financing as sole...
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September 20, 2017, 08:02 AM
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Wells Fargo Business Banking, part of Wells Fargo & Company, has established a Healthcare Group in Houston. Led by Darrell McCorquodale, a 17-year industry veteran, the group delivers a variety of banking services, including deposit services, cash...
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August 25, 2017, 07:45 AM
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Capital One announced today that it provided a $41.1 million first mortgage and a $5 million senior credit facility for Prestige Care, an Oregon-based owner and operator of independent living, assisted living, memory care and skilled nursing...
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August 23, 2017, 07:11 AM
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Owens & Minor, Inc., a provider of healthcare logistics services, entered into a Credit Agreement by and among Owens & Minor Distribution, Inc., Owens & Minor Medical, Inc., Barista Acquisition I, LLC and Barista Acquisition II, LLC, and Wells Fargo...
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WebMD Health Corp. and Internet Brands, a KKR portfolio company, announced that Internet Brands has entered into a definitive agreement to acquire WebMD in a transaction valued at approximately $2.8 billion. Under the terms of the agreement, a...
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Availity LLC, a national healthcare payer and provider engagement network, announced it has closed a five-year $200 million senior secured revolving credit facility. The facility includes an accordion feature which allows for an additional $100...
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K1 announced the sale of its portfolio company ChiroTouch to Waud Capital Partners. Under K1’s ownership, ChiroTouch grew to become the world’s largest provider of electronic healthcare records and practice management software to the chiropractic...
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CDx Diagnostics, Inc. announced that it has completed a majority recapitalization with Galen Partners, a healthcare-focused growth equity investment firm and San Francisco-based White Oak Healthcare Finance, LLC, who led the debt financing. CDx is a...
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American Medical Depot, a technology and data analytics driven supplier of medical products, equipment, and value added services to the full continuum of healthcare providers, announced it has raised $85 million to refinance existing debt, fund...
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Citizens Bank announced that Citizens Commercial Banking led a $220 million credit facility to support Avista Capital Partners’ acquisition of National Spine & Pain Centers from Sentinel Capital Partners. Citizens is Left Lead Arranger and...
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Elysium Health, Inc., a NYC-based consumer health company developing scientifically-sound dietary supplements, secured a $5 million credit facility. Silicon Valley Bank (SVB) provided the financing.The working capital line of credit can be used for...
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Digirad Corporation, a provider of healthcare solutions on an as needed, when needed, and where needed basis, announced that it has closed a new Revolving Credit Agreement with Comerica Bank. The Revolving Credit Agreement is a five-year revolving...
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Monticello Asset Management announced that one of Monticello’s investment vehicles originated $34.12 million in first lien debt financing to Elener Associates, LLC and W Management Group.
Monticello is a Registered Investment Adviser that, through a...
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Capital One announced that it served as sole lead arranger for a $213 million senior credit facility for BayMark Health Services, a portfolio company of Webster Capital. The facility will be used to refinance an existing loan and to support future...
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Capital One announced that it served as a lead arranger on a $300 million senior secured credit facility consisting of a $10 million revolving loan and $290 million term loan for a leading healthcare education services company. This is the first...
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Capital One announced that it served as the agent, joint lead arranger and sole bookrunner for a $250 million senior credit facility—consisting of a $125 million cash-flow-based revolver, a $45 million term loan, and an $80 million delayed-draw term...
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U.S. Bank announced that its Healthcare Division has acted as sole bookrunner in providing a $300 million revolving line of credit to Adventist Health System West. Adventist Health is a faith-based, not-for-profit health delivery system operating 20...
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Golub Capital recently announced that as Sole Bookrunner, Sole Lead Arranger & Administrative Agent, it provided a GOLD facility to support the growth recapitalization of Results Physiotherapy, a portfolio company of Chicago-based private equity firm...
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Capital One announced that it served as the lead arranger and syndication agent for a five-year, $217.1 million senior credit facility—consisting of a $167.1 million term loan and a $50 million revolving loan—for AccentCare, Inc., the fifth largest...
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Deutsche Bank announced it has hired Philip Pucciarelli and Robert Verdier, two senior Healthcare Investment Bankers, from BMO Capital Markets.Pucciarelli will join as Co-Head of Healthcare Investment Banking alongside Ross Hammerman who joined the...
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Wells Fargo Capital Finance, part of Wells Fargo & Company, announced that its Healthcare Finance Group acted as agent and sole lender for a $60 million senior secured credit facility for Sharecare Inc., an award-winning digital health and wellness...
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Monticello Asset Management, LLC, announced that Monticello’s investment vehicle originated $9.5 million in first lien debt financing to Omaha Property Holdings, LLC and AHMO, LLC.
The borrowers are using the funds to purchase a 175 bed facility in...
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Gemino Healthcare Finance continues to expand its portfolio and has recently funded a $20 million senior secured asset-based revolving credit facility to Nyack Hospital. Proceeds from the loan will be used to pay off existing debt and for working...
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Monticello Asset Management, LLC announced that one of Monticello’s investment vehicles participated in providing $14,341,500 of first lien debt financing to a Skilled Nursing Facility in Sacramento, CA.
MAM is a Registered Investment Advisor that...
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February 21, 2017, 07:39 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $125 million senior credit facility to support the recapitalization of a healthcare services company. The Riverside Company made a simultaneous...
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February 14, 2017, 07:54 AM
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Capital One announced that it served as lead arranger for a $55 million senior credit facility for the Center for Discovery, a portfolio company of Webster Capital. The facility will be used to refinance an existing loan and to support its national...
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February 14, 2017, 07:00 AM
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Webster Bank and three other banks have closed on a $70 million portfolio refinancing for Apple Health Care, Inc., a regional skilled nursing operator based in Connecticut.The portfolio consisted of 16 facilities with 1,336 beds in Connecticut and...
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February 08, 2017, 07:03 AM
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Alleon Healthcare announced the closing of a $5,000,000 medical receivables financing facility with a Medicare certified home health agency in Louisiana.The Company is based in northeast Louisiana and has been serving its community for over 20 years....
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January 27, 2017, 07:00 AM
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Monticello Asset Management, LLC announced that Monticello’s investment vehicle originated $9 million in first lien debt financing to Greenery Realty Group, LLC, a Skilled Nursing Facility in Canonsburg, PA. MAM is a Registered Investment Advisor...
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January 25, 2017, 07:04 AM
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Alpine Capital, as servicer and agent, has closed a senior debt financing facility for North Shore Healthcare, a Wisconsin-based group of skilled nursing facilities. The financing consisted of a $5 million senior secured asset-based revolving line...
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January 17, 2017, 07:00 AM
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Cartiva, Inc., an Alpharetta, Ga.-based developer of innovative products for the treatment of cartilage damage and osteoarthritis, secured $8.5 million in Series E financing.The round was led by New Enterprise Associates (NEA) with participation from...
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January 16, 2017, 07:33 AM
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Capital One’s annual survey of healthcare leaders has found that merger and acquisition activity is once again expected to be the industry’s preferred growth strategy in the year ahead. However, nearly one in three executives (31 percent) plan to...
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January 11, 2017, 07:30 AM
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Capital One Healthcare’s corporate finance group has been named the No. 1 lead arranger for healthcare leveraged loans up to $1 billion, according to Thomson Reuters. The corporate finance team closed more than 110 transactions in 2016. Capital One...
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January 10, 2017, 07:35 AM
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Monticello Asset Management, LLC, a Registered Investment Advisor, through an affiliated investment vehicle provides bridge-To-HUD loans to skilled nursing and assisted living facilities throughout the U.S., announced that Monticello’s investment...
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January 10, 2017, 07:09 AM
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Alpine Capital, as servicer and agent, has closed a senior debt financing facility for Satori Waters LLC, a substance abuse treatment company that provides rehabilitation services including partial hospitalization (“PHP”) and intensive outpatient...
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January 05, 2017, 07:25 AM
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Golub Capital announced that as Administrative Agent, Sole Bookrunner, and Lead Arranger, it provided a GOLD financing to Thomas H. Lee Partners, L.P. ("THL") to finance its strategic partnership with Professional Physical Therapy ("ProPT"). GOLD...
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December 20, 2016, 07:09 AM
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Almost Family, Inc. has entered into a new five-year $350 million revolving credit facility that increases its financial flexibility through 2021. J.P. Morgan Securities LLC acted as lead book-runner and arranger, while Bank of America, N.A. acted...
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December 07, 2016, 07:29 AM
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Monticello Asset Management, LLC (“Monticello”), a Registered Investment Advisor, through an affiliated investment vehicle provides Bridge-To-HUD loans to Skilled Nursing and Assisted Living Facilities throughout the U.S., announced that Monticello’s...
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December 05, 2016, 07:36 AM
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Prime Healthcare Foundation, Inc., a not for profit hospital system, announced that it has closed a $160 million senior secured credit facility (Facility) led by BBVA Compass (BBVA). The Facility, which may be expanded in the future through a $50...
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November 22, 2016, 07:39 AM
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Pacific Mercantile Bank has increased the financing for Marque Medical to $3.9 million. The financing will be used by Marque Medical to open new urgent care clinic locations in Orange County. In addition to the financing, Marque Medical utilizes a...
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November 21, 2016, 07:28 AM
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Webster Bank announced it has provided $20 million in senior credit facilities to Medical Arts Sanitarium, Inc., dba Cornerstone Treatment Facilities Network (CTFN), a leading provider of substance use disorder treatment services, in support of...
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November 17, 2016, 07:17 AM
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Alpine Capital, as servicer and agent, has closed a senior debt financing facility for New State Capital Partners’ portfolio company, LLMS, a substance abuse treatment company that provides detox, residential inpatient rehab, partial hospitalization...
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November 15, 2016, 07:34 AM
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Donald Trump's presidential victory, in combination with Republicans maintaining control of Congress, reinforces the central role that legislative and regulatory event risk play for certain segments of the US corporate healthcare industry, according...
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November 10, 2016, 07:53 AM
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Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization and future growth of CarePlus Medical Corporation by private equity sponsors, Fulcrum Equity...
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November 02, 2016, 07:16 AM
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Nobilis Health Corp. has entered into a new $82.5 million five-year credit facility with BBVA Compass Bank consisting of a $52.5 million term loan and a $30.0 million revolving credit facility. The new facility is led by Compass Bank as...
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November 01, 2016, 09:03 AM
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Capital One announced it served as sole lead arranger and bookrunner for a $156 million senior secured credit facility — consisting of a $126 million term loan and a $30 million asset-based revolver — for Select Rehabilitation, the largest privately...
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October 27, 2016, 07:48 AM
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Perceptive Advisors LLC, an investment management firm focused on the healthcare sector, announced the closing of a new fund, the Perceptive Credit Opportunities Fund (the "Fund"), that provides private credit to healthcare companies. The Fund and...
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October 26, 2016, 07:39 AM
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Capital One announced it served as sole lead arranger and administrative agent for a $162.5 million senior secured credit facility consisting of a real estate term loan, a Capex line of credit and an asset-based revolver. Palm Garden Healthcare, the...
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October 25, 2016, 07:55 AM
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Alpine Capital announced that it has provided $7.5 million in financing, which consisted of a $3 million senior secured revolving line of credit, a $2.5 million senior secured term loan, and a $2 million equipment lease line to Claris Vision Holdings...
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October 14, 2016, 07:18 AM
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Oxford Immunotec Global PLC announced that it has entered into an agreement with MidCap Financial that provides the company with $40 million in debt financing, comprised of both a term loan and a revolving line of credit.“We are very pleased to...
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October 05, 2016, 07:19 AM
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CIT Healthcare Finance served as lead arranger and administrative agent for a $242 million senior secured credit facility to Jordan Health Services, one of the largest providers of home healthcare and hospice services in Texas and Oklahoma, with a...
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September 16, 2016, 08:03 AM
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CIT Group Inc. announced that CIT Healthcare Finance served as Co-Lead Arranger for a $138.5 million senior secured credit facility to Continuum Healthcare, which, through its affiliate companies, owns and operates skilled nursing facilities (SNFs)...
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September 08, 2016, 07:28 AM
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Capital One announced that it served as sole lead arranger and administrative agent for a $40 million senior secured credit facility consisting of a $30 million real estate term loan and a $10 million asset-based revolver. The borrower, Advanced...
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September 01, 2016, 07:42 AM
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The Ensign Group, Inc. announced that Ensign and its operating subsidiaries increased their credit facility by $200 million to an aggregate of $450 million. The borrowings are supported by a lending consortium arranged by SunTrust Robinson Humphrey...
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Bibby Financial Services Canada (BFS) announced a combined $12.5 million asset-based lending facility to a group of four companies within one of the country’s largest providers of technology and healthcare benefits. These companies, which offer...
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AAC Holdings, Inc. announced it has increased its senior secured credit facility from $121.25 million to $171.25 million, consisting of a $50 million revolving credit facility and a $121.25 million term loan. The facility is scheduled to mature in...
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TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced that it provided financing to support Gemini Investors and Plenary Partners in their investment in Always Best Care.Headquartered in...
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RadNet, Inc. announced the successful closing of the previously announced refinancing of its senior secured first lien term loan facility and senior secured revolving credit facility. The refinancing provides for $485 million senior secured first...
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Capital One announced it has provided a $30 million senior secured revolving credit facility to University Health System, the clinical partner for the LSU Health Shreveport School of Medicine and operator of two hospitals in Shreveport and Conway...
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Capital One announced that it served as sole lead arranger and administrative agent for a $61 million syndicated term loan and $12 million syndicated revolving credit facility to affiliates of CommuniCare Health Services. The loan and credit facility...
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Cross Country Healthcare, Inc. has completed a new $140 million credit agreement with a lender group led by SunTrust Bank, as administrative agent and issuing bank. The credit agreement provides a $40 million term loan and a revolving credit facility...
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Kindred Healthcare, Inc. announced that it has closed its previously announced incremental $200 million term loan, the net proceeds of which were used to repay outstanding borrowings under the Company’s $900 million senior secured asset-based...
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Prospect Capital Corporation has invested $17.0 million in first lien senior secured floating rate debt issued by Inpatient Care Management Company, LLC ("Inpatient Care").Founded in 2007, Inpatient Care and affiliates provide general surgery...
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Antares Capital announced it is serving as administrative agent and joint lead arranger on a $136 million senior secured credit facility to support the acquisition of Meadows Behavioral Healthcare (“The Meadows”) by Kohlberg & Company, LLC...
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Kindred Healthcare, Inc. announced it has completed syndication and pricing of an incremental $200 million term loan, the proceeds of which will be used to repay outstanding borrowings under the Company’s existing $900 million senior secured...
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Wells Fargo Capital Finance announced that its Healthcare Finance group acted as left lead arranger, lead bookrunner and administrative agent on $125 million in senior secured credit facilities for Springstone, LLC, which included a $21 million...
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CIT Group Inc. announced that CIT Healthcare Finance served as joint lead arranger and syndication agent for a $65 million senior secured credit facility to Blue Wolf Capital Partners, a private equity firm that specializes in responsibly...
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The outlook for the healthcare industry remains challenging thanks in part to uncertainty over the upcoming presidential election and the continued changes ushered in by the Affordable Care Act (ACA). However, despite the uncertainty and rapid...
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Capital One served as administrative agent and lead bookrunner for a $65 million senior secured credit facility to support the acquisition of National Home Health Care Corporation by Blue Wolf Capital. National Home Health Care (NHHC) is...
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Capital One Healthcare announced it served as administrative agent and lead bookrunner for a $110.5 million senior secured credit facility to support the acquisition of Spectrum Professional Services by an investor group led by Beecken Petty O’Keefe...
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Healthcare executives maintain a relatively positive outlook for 2016, with 71% indicating that they expect their revenues to increase this year and more than half (55%) expecting to seek financing in the next 12 months. These are some of the...
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Babson Capital Management served as lead agent in a senior secured credit facility to finance Accruent LLC's acquisition of Mainspring Healthcare Solutions.Mainspring, founded in 1993 and based in Boston, is a leading provider of software and...
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Monroe Capital announced it acted as sole lead arranger and administrative agent on a $63 million senior credit facility to support an investment in Familia Dental Group Holdings, LLC (“Familia”) by private equity sponsor, The Halifax...
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NXT Capital announced that it has provided a $61 million senior secured credit facility to support the refinancing of EyeCare Services Partners, a portfolio company of Varsity Healthcare Partners. The transaction included funding for selected add-on...
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Gemino Healthcare Finance announced the closing of a $12 million senior secured credit facility to H.I.G. Capital’s portfolio company Soleo Health, an innovative national provider of home and alternate-site specialty infusion therapies. Proceeds from...
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Promise Healthcare Group, LLC, a national specialty hospital company specializing in the treatment of critically ill patients, under the operating banners of Promise Healthcare, Inc. and Success Healthcare, LLC announces today that it has signed a...
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Gemino Healthcare Finance announced it has provided senior secured financing to ServRx, Inc., a leading electronic workers’ compensation prescription claims processing company. The credit facility will be used to fund working capital needs as ServRx...
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Prime Healthcare Services, Inc. announced that it has closed a $700 million senior secured credit facility led jointly by Wells Fargo Bank, N.A. and Barclays Bank, PLC. ABL Advisor has learned that Wells Fargo Capital Finance (WFCF) was the joint...
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January 27, 2016, 07:17 AM
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NXT Capital announced that it has provided a senior credit facility to fund The Riverside Company’s investment in The Dermatology Group. NXT Capital was the joint lead arranger, joint bookrunner and administrative agent for this transaction. The...
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January 11, 2016, 08:04 AM
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CIT Healthcare Finance served as joint lead arranger, joint bookrunner and administrative agent for a $118 million senior secured credit facility for Wellspring Capital Management, LLC, a leading middle-market private equity firm. The financing...
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December 22, 2015, 07:29 AM
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Gibraltar Business Capital recently completed a large "accordion" structured working-capital deal for a growing healthcare company. This highly flexible line of credit is a great example of how Gibraltar's asset based lending model works creatively...
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December 21, 2015, 07:22 AM
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Square 1 Bank, a division of Pacific Western Bank, provided an $8 million credit facility to new client, Schweiger Dermatology Group, a leading provider of medical, cosmetic and surgical dermatology services in the New York metro area. Proceeds from...
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December 16, 2015, 07:37 AM
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Oxford Finance, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced the closing of a syndicated senior secured term loan and a revolving line of credit with Chosen Healthcare. Oxford...
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December 03, 2015, 08:08 AM
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Square 1 Bank, a division of Pacific Western Bank, has provided a multi-million dollar credit facility to existing client Foundation Radiology Group, a leading provider of diagnostic imaging services for community hospitals. Cafferty & Company served...
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December 03, 2015, 08:04 AM
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OPKO Health, Inc. announced it has successfully closed on a new five-year $175.0 million secured revolving credit facility with JPMorgan Chase. The new facility replaced Bio-Reference Laboratories’ previous $120.0 million secured revolving credit...
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November 09, 2015, 07:14 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $22.5 million senior credit facility to support the acquisition of Examination Management Services, Inc. (“EMSI”) by private equity sponsor...
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November 06, 2015, 07:31 AM
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Capital One has provided a secured term loan and revolving line of credit to Partners Pharmacy Services. The borrower will use the proceeds from the credit facility to refinance its existing line of credit, pay off shareholder notes, finance future...
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November 03, 2015, 07:17 AM
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Fifth Street Asset Management announced today that its affiliate, Fifth Street Management LLC, served as lead arranger and administrative agent for a $130 million one-stop financing facility in support of Webster Capital portfolio company, Behavior...
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October 15, 2015, 07:13 AM
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Breakaway Capital Partners Fund, L.P. today announced that it has funded an $8.4 million senior secured credit facility to PM Pediatrics Management Group, LLC. Breakaway has also made a common stock investment in company. Based in Lake Success, Long...
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October 09, 2015, 07:53 AM
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Adeptus Health Inc., the largest operator of freestanding emergency rooms in the U.S., announced that it has closed on $175 million of new senior secured credit facilities. Bank of America Merrill Lynch served as administrative agent. Bank of...
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October 07, 2015, 08:07 AM
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CIT Group announced that CIT Healthcare Finance served as Sole Lead Arranger, Sole Bookrunner and Administrative Agent in a $47 million incremental senior secured credit facility to support Epic Health Services’ acquisition of Option1. Epic is a...
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October 07, 2015, 07:50 AM
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Golub Capital announced that as administrative agent, sole lead arranger and sole bookrunner it provided a GOLD financing to support the acquisition of RestorixHealth, Inc. by an investor group led by Leonard Green & Partners, L.P. ("Leonard Green &...
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October 02, 2015, 07:28 AM
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Oxford Finance, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced the closing of a $7 million senior secured term loan and a $1 million revolving line of credit with Shady Shores...
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September 28, 2015, 07:46 AM
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Gemino Healthcare Finance announced it has provided a $5 million secured revolving line of credit to BreatheAmerica Inc. Based in Nashville, Tennessee, BreatheAmerica and its subsidiaries provide services to patients with two distinct healthcare...
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September 22, 2015, 07:52 AM
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CIT Healthcare Finance served as sole lead arranger and administrative agent in a $26.5 million senior secured credit facility to support the recapitalization of PharmaLogic and the acquisition of Clinical Pharmacy Services (CPS) by Webster Capital....
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September 16, 2015, 08:03 AM
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TCF Capital Funding, the Chicago-based cash flow and asset-based lending division of TCF National Bank, provided a senior secured facility to support the acquisition of Levin Home Care by Family Private Care (“FPC”) a portfolio company of Miami based...
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September 14, 2015, 07:43 AM
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Amedisys, Inc., one of America's leading home health and hospice care companies, announced that on August 28, 2015, it entered into a new $300 million secured credit facility. It consists of a $100 million five-year amortizing Term Loan A and a $200...
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September 02, 2015, 07:17 AM
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Physiotherapy Corporation announced it has acquired Therapy Plus, a seven-facility physical and occupational therapy provider in Milwaukee, WI. This follows its recent integration with the Anderson Orthopedic Clinics in northern Virginia and a joint...
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August 28, 2015, 07:29 AM
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CIT Healthcare Finance served as joint lead srranger in a $135 million senior secured credit facility to support Arlington Capital Partners’ acquisition of Avalign Technologies. Arlington Capital is a Washington, D.C.-based private equity firm....
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August 18, 2015, 07:55 AM
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Gemino Healthcare Finance, a leading provider of senior loans to healthcare service providers, announced it has provided a $10 million revolving line of credit to Landmark Holdings of Missouri, LLC, a multi-state operator of six long-term acute care...
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BMO Harris Bank’s Sponsor Finance group was joint lead arranger, joint bookrunner and is administrative agent for $145 million in senior credit facilities to Interactive Health, an FFL portfolio company. Through comprehensive services including...
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CapitalSource provided a $28.5 million senior term loan to facilitate the acquisition of an assisted living facility by WESTliving. The facility is comprised of 180 units. Launched in 2009, WESTliving is a Carlsbad, CA based owner/operator of...
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CapitalSource announced it has provided a $56.1 million credit facility to Welcov Healthcare to refinance existing debt and provide growth capital to Welcov. The credit facility includes a senior term loan, cash flow term loan and a revolving credit...
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Harvest Partners and the management team of DCA Investment Holding LLC have completed the acquisition of the company from Quad-C Management, Inc., a Charlottesville, VA-based private equity firm. Terms of the transaction were not disclosed.Senior...
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GE Capital’s Healthcare Financial Services (HFS) business announced today that it has provided a first mortgage to Landmark Healthcare Facilities LLC for a 210,000-square-foot outpatient medical complex in Jacksonville, FL.The property is composed of...
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GE Capital’s Healthcare Financial Services (HFS) business announced it is serving as administrative agent on $175 million of senior secured credit facilities for Physiotherapy Corporation. The proceeds will be used to refinance existing senior debt....
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Franklin Square Capital Partners announced the origination by three of its BDCs of a $52.5 million second lien senior secured note to National Surgical Healthcare (NSH), a leading owner and operator of surgical hospitals and ambulatory surgery...
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CIT Corporate Finance, Healthcare provided a $29.5 million senior secured credit facility to Real Properties Health Facilities Corp. (RPHF), that will be used to consolidate existing real estate debt and for working capital purposes. RPHF operates 12...
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Capital One provided a $19 million revolving line of credit to Alecto Healthcare Services, which operates four hospitals in West Virginia, Texas and California. The line of credit will be used to finance the working capital needs for two of the...
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GE Capital’s Healthcare Financial Services (HFS) business announced it was the administrative agent and a lender on a $48.5 million financing to a joint venture among LTC Properties Inc., Silverstone Healthcare Real Estate and Senior Lifestyle Corp....
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Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced the closing of a $14.5 million senior secured term loan with Autumn Lake Healthcare at Oceanview. Proceeds of the...
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US Capital Partners Inc. has provided a $30 million line of credit for LESS Institute, a network of surgery centers offering best-in-class outpatient and surgical care services across the United States. US Capital Partners is a private investment...
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $36.8 million senior credit facility to support the recapitalization and growth of Little River Healthcare. Based in Central Texas, Little River...
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Univita Health, the nationwide leader in post-acute and home healthcare solutions, has secured a credit facility of $40M from Genstar Capital and a private lender. The credit facility will be used to fund Univita’s future growth supporting the...
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MidCap Financial, a leading specialty finance firm focused on the middle market in North America and Europe, announced it recently closed a transaction with Monarch Senior Living to acquire an existing medical office building in La Jolla, CA and...
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AAC Holdings, Inc. announced the closing of a $125 million senior secured credit facility, consisting of a $50 million revolving credit facility and a $75 million term loan. The facility matures in March 2020 and amounts outstanding under the credit...
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Macquarie CAF Lending, part of Macquarie’s Corporate and Asset Finance group, recently announced a customized unitranche financing solution to support the acquisition of Logibec, Inc. by GI Partners.This transaction demonstrates Macquarie CAF...
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Kindred Healthcare, Inc. completed syndication and pricing of an incremental $200 million term loan, the proceeds of which will be used to repay outstanding borrowings under the company’s $900 million senior secured asset-based revolving credit...
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Red Ridge Finance Group announced it provided advisory services with regard to a $25 million term loan and a $1.25 million revolving credit facility to Pali Corporation for the acquisition of two Hawaii-based senior skilled nursing facilities.
Pali...
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CIT Group announced that CIT Corporate Finance, Healthcare served as sole lead arranger, sole bookrunner and administrative agent in a $210 million senior secured credit facility to support Epic Heath Services’ (Epic) acquisition of Loving Care...
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Golub Capital announced that as joint lead arranger, joint bookrunner and senior administrative agent, it provided a $250 million senior credit facility to support the recapitalization of NetSmart by Genstar Capital, LLC ("Genstar"). ABL Advisor has...
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GE Capital’s Healthcare Financial Services acted as administrative agent in a transaction that provided a $550 million revolving line of credit to Genesis Healthcare, Inc. GE Capital Markets served as sole bookrunner and lead arranger. Based in...
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February 18, 2015, 07:49 AM
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Almost Family, Inc., a leading regional provider of home health nursing services, announced today it has entered into a new five-year $175 million revolving credit facility that increases its financial flexibility through 2020 (the Facility). J.P....
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February 13, 2015, 08:06 AM
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Fifth Street Asset Management announced its affiliates, including Fifth Street Finance Corp. and Fifth Street Senior Floating Rate Corp., have co-invested in a $175 million one-stop financing facility in connection with the refinancing of Ameritox...
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January 08, 2015, 07:25 AM
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Laboratory Corporation of America has amended and restated its existing senior revolving credit facility in the principal amount of $1 billion and entered into a five-year term loan credit facility in the principal amount of $1 billion, according to...
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December 30, 2014, 07:19 AM
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Capital One Bank announced that it has provided a $60 million secured term loan to be used to acquire a portfolio of 19 skilled nursing facilities in Indiana and Iowa. The bank has also provided a $6 million revolving line of credit to fund ongoing...
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December 22, 2014, 07:37 AM
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Prospect Capital Corporation announced it has expanded its existing term loan credit facilities to InterDent, Inc., an H.I.G. Capital, LLC portfolio company, by $127 million as part of an add-on acquisition growth and recapitalization strategy. The...
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December 01, 2014, 07:23 AM
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Streamline Health Solutions, Inc. announced it has finalized the terms of a new credit facility with Wells Fargo Bank N.A. The new facility consists of a fixed rate $10 million senior term loan with an interest rate of approximately 6.5% and a $5...
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November 25, 2014, 07:41 AM
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MidCap Financial, LLC, a leading commercial finance company focused exclusively on middle market companies, served as syndication agent for a senior credit facility to support the acquisition of LDM Group, LLC by Lee Equity Partners, a leading middle...
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November 17, 2014, 07:15 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $30 million senior credit facility to support the growth of a diagnostic services company. Based in the Southwest, the company provides...
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November 12, 2014, 07:52 AM
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Gemino Healthcare Finance announced it has provided a $5 million secured revolving line of credit to VNA California. The proceeds are being used for working capital purposes.Founded in 1931, VNA California is a non-profit provider of home health...
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November 07, 2014, 07:21 AM
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National HealthCare Corporation, the nation’s oldest publicly traded senior health care company,has renewed its $75 million line of credit with Bank of America.Robert Adams, CEO, stated: “We are pleased to complete our seventh amendment to our Credit...
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October 23, 2014, 07:11 AM
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Capital One Bank has provided a $36.3 million secured term loan to affiliates of Dominion Partners, LLC. The loan will be used to refinance the original construction loan on Somerby of Mt. Pleasant, a senior living community outside Charleston...
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October 16, 2014, 06:44 AM
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Golub Capital announced that as joint lead arranger and bookrunner it provided a senior credit facility to support the partnership between Results Physiotherapy ("Results" or "the Company") and Sterling Partners.Results is a leading provider of...
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October 13, 2014, 07:53 AM
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Wells Fargo Capital Finance announced that it acted as administrative agent on a $32.5 million senior secured facility for Petersen Health Network (Petersen), a leading provider of long-term care services in Illinois as well as other areas of the...
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October 01, 2014, 07:41 AM
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Wells Fargo Capital Finance announced that their Healthcare Finance portfolio surpassed $1 billion with the recent $100 million credit facility for Apria Healthcare Group, Inc., a portfolio company of The Blackstone Group. Apria is one of the...
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September 19, 2014, 08:00 AM
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Nautic Partners, LLC announced that it has partnered with management to acquire All Metro Health Care Services, Inc. All Metro is a leading provider of home and community based services in New York, New Jersey and Florida. All Metro was founded in...
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September 12, 2014, 07:22 AM
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Golub Capital announced that as administrative agent and sole bookrunner it provided a $55MM GOLD financing to support the refinancing of Pyramid Healthcare, Inc. by Clearview Capital. GOLD financings are Golub Capital's One-Loan Debt...
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August 28, 2014, 07:42 AM
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Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced that it recently closed $113.8 million in transactions with multiple healthcare operators. Proceeds of the loans were...
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August 21, 2014, 07:05 AM
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SOLIC Capital Advisors, LLC, a leading middle-market financial advisory firm, announced the closing of three hospital transactions in which the firm served as financial advisor.The transactions include: Community Memorial Healthcenter’s (South Hill...
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Amedisys, Inc. entered into a new $70 million six-year second lien term loan facility. In connection with the new second lien facility, the company's existing senior secured credit facility was amended and downsized to $159 million, consisting of an...
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Monroe Capital LLC announced the funding of a $14 million senior secured credit facility to support the recapitalization and growth of Starpoint Health, Inc. by private equity sponsor, Caltius Equity Partners. Based in Newport Beach, California...
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NorthStar Healthcare Income, Inc. (NorthStar Healthcare) closed an investment in a $75.0 million mezzanine loan made in connection with the $940.0 million financing of a national portfolio of 167 skilled nursing facilities. The portfolio consists of...
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was sole lead arranger, sole bookrunner and is administrative agent for $47 million in senior credit facilities to JDC Healthcare...
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Cross Country Healthcare, Inc. announced the completion of its acquisition of substantially all of the assets and certain liabilities of Medical Staffing Network (“MSN”), a comprehensive healthcare staffing company with 55 locations throughout the...
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Monroe Capital LLC announced the funding of a $15.5 million senior secured credit facility to support the acquisition of Employee Benefit Solutions, Inc. (“EBS”) by Pharos Capital Group, LLC.
Based in White Plains, New York, EBS is a leading...
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CIT Group Inc. announced that it served as Joint Lead Arranger in an $80 million senior secured credit facility for Interactive Health, a leading provider of outcomes-based wellness and health management solutions for self-insured employers. The...
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Gemino Healthcare Finance (“Gemino”) announced it has provided an $8 million secured revolving line of credit to Providence Group, Inc. The proceeds are being used to pay off existing debt and for working capital purposes. Cascade Partners served as...
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White Oak Global Advisors provided a $47.7 million senior secured term loan to a 100+ bed, acute care, for-profit hospital.Located in the southwestern United States, the hospital has five operating theaters, two cardiac catheterization rooms, two...
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Golub Capital announced that as joint lead arranger and co-documentation agent, it provided a $295 million senior credit facility to support the merger between Joerns Healthcare, LLC ("Joerns"), owned by Quad-C ("QC") since 2010, and Recovercare, LLC...
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GE Capital’s Healthcare Financial Services is serving as administrative agent on $165 million in senior credit facilities for Paradigm Management Services, LLC, a specialty provider of healthcare management services for patients with complex medical...
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Gemino Healthcare Finance announced it has provided a $5 million secured revolving line of credit to Healthcare Plus Management and Affiliates. The proceeds are being used to pay off existing debt and for working capital purposes.
Headquartered in...
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Golub Capital acted as co-lead arranger for a $400 million first lien credit facility to support the dividend recap of Dialysis Newco, Inc. d/b/a DSI Renal ("DSI") by Frazier Healthcare ("Frazier") and New Enterprise Associates ("NEA"). Golub Capital...
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Kindred Healthcare, Inc. announced that it has completed the refinancing of its existing debt with $2.25 billion of secured and unsecured debt.The company announced that it has closed its previously announced offering of $500 million aggregate...
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BMO Harris Bank’s Sponsor Finance group announced it was joint lead arranger, joint bookrunner and is administrative agent for $80 million in senior credit facilities to Interactive Health, a CI Capital Partners portfolio company. Interactive Health...
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Home Care by Black Stone ("Black Stone"), based in Cincinnati, Ohio, is a regionally focused home care services company providing a full spectrum of skilled nursing and related home health services with highly trained home health and personal care...
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RadNet, Inc. has completed its previously announced proposed amendment of its existing senior secured first lien credit facility and has entered into a new senior secured second lien term loan facility.
The company has amended its existing Credit...
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Wells Fargo & Company announced that it has formalized a team within its Corporate Banking Group to meet the banking needs of its large and complex for-profit healthcare customers.The newly formed Healthcare Group, under the leadership of David...
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was sole lead arranger, sole bookrunner and is administrative agent for senior credit facilities supporting RestorixHealth’s...
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February 28, 2014, 07:39 AM
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Enhanced Equity Funds (EEF), a healthcare focused private equity fund in the lower middle-market, announced that its portfolio company NextCare Holdings, a provider of urgent care and occupational medical services, successfully completed the...
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February 21, 2014, 08:04 AM
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National Mentor Holdings, Inc. announced that it has entered into new senior secured credit facilities (the “New Senior Secured Credit Facilities”) with Barclays Bank PLC, as administrative agent, and a syndicate of banks, to replace its existing...
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February 03, 2014, 07:46 AM
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Seventy-seven percent of healthcare executives expect business performance to be stronger in 2014, according to a survey released today by GE Capital’s Healthcare Financial Services business, and nearly the same percentage (75 percent) plan to...
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January 15, 2014, 07:41 AM
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Skilled Healthcare Group, Inc. announced that it has closed a financing with MidCap Financial consisting of a $62.0 million non-recourse (subject to customary carve outs) mortgage-backed term loan and a $5.0 million asset based revolving credit...
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December 31, 2013, 08:02 AM
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Ally Commercial Finance announced it provided a $57,500,000 senior secured credit facility to support the acquisition of Accelecare Wound Centers, Inc. by Revelstoke Capital Partners, a Denver-based private equity firm.
The senior secured credit...
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December 27, 2013, 07:56 AM
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Healthcare Finance Group announced that it acted as sole lead arranger of the $475 million financing transaction for Prime Healthcare Services, Inc.Prime Healthcare, headquartered in Ontario, CA, is one of the largest healthcare systems in the U.S....
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December 23, 2013, 07:12 AM
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NXT Capital announced that it has provided a $21 million senior secured credit facility to fund New Harbor Capital’s acquisition of a majority interest in PT Solutions Holdings, LLC. NXT Capital acted as the Sole Lead Arranger, Sole Bookrunner and...
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December 18, 2013, 07:53 AM
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CIT Group Inc. arranged a $110 million senior secured credit facility for Levine Leichtman Capital Partners’ acquisition of Genova Diagnostics, a specialty clinical laboratory that has pioneered a unique systems-based approach to testing that...
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December 18, 2013, 07:44 AM
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U.S. Physical Therapy, Inc., a national operator of outpatient physical therapy clinics, reported today that the company has increased the available capacity and extended the maturity date of its bank credit facility.The commitment amount of the...
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December 09, 2013, 07:30 AM
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Square 1 Bank announced that it has provided a $4.5 million credit facility to Sittercity, the largest and most trusted online source for in-home care. Backed by existing investors Point Judith Capital, Apex Venture Partners, Baird Venture Partners...
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December 04, 2013, 07:39 AM
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Capital One Bank announced it acted as a joint bookrunner for an $85 million, seven-year senior secured term loan to subsidiaries of Parkwood Properties, Inc. and a $30 million revolver loan to Palm Garden Healthcare Holdings, LLC. Parkwood...
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November 25, 2013, 07:26 AM
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CIT Corporate Finance served as sole lead arranger in a $110 million senior secured facility for Epic Health Services, a leading provider of pediatric home health and therapy services as well as adult in-home services. Epic Health Services is a...
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November 20, 2013, 07:52 AM
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CIT Group announced that CIT Corporate Finance served as Joint Lead Arranger in a $140 million senior secured credit facility for National Dentex (NDX), one of the largest dental lab services providers in the United States. NDX is a portfolio company...
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November 14, 2013, 08:09 AM
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Comprehensive Care Corporation, a leading behavioral health, substance abuse and pharmacy management provider for employers, Taft-Hartley health and welfare Funds, and managed care companies, today announced that it has extended its $5 million Senior...
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October 28, 2013, 07:28 AM
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CNL Healthcare Properties has secured a corporate line of credit in the initial amount of $120 million. KeyBank N.A. is serving as the lead arranger and syndication agent with Bank of America, Fifth Third Bank, PNC Bank and Cadence Bank as...
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October 22, 2013, 07:02 AM
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A new report by HealthLeaders Media and Bank of America Merrill Lynch explores the hidden opportunities in financial processes, including changes that can improve financial and operational performance and increase patient satisfaction. ...
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October 11, 2013, 07:27 AM
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TD Bank provided a $13.5 million loan to Mountain Area Health Education Center (MAHEC) to support operations of its newly completed Asheville Biltmore campus. The loan carries a 20-year term and was completed by TD Bank’s local commercial banking...
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October 10, 2013, 07:54 AM
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Monroe Capital announced the funding of a $16.6 million senior secured credit facility to support the acquisition and growth of a dental practice management company by a New York City based private equity sponsor.The company is a premier dental...
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October 01, 2013, 07:54 AM
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IMRIS Inc. announced it has entered into a secured loan facility agreement (the "Agreement") with Deerfield Management Company, L.P. ("Deerfield") for $25 million in financing. Deerfield is a leading healthcare investment firm with more than $3.5...
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September 18, 2013, 07:03 AM
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Healthcare Finance Group, LLC ("HFG") announced the planned launch of a $475 million financing transaction for Prime Healthcare Services, Inc. ("Prime Healthcare").Prime Healthcare, headquartered in Ontario, California, is one of the largest...
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September 17, 2013, 07:10 AM
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MidCap Financial, a leading commercial finance company focused exclusively on middle market healthcare companies, announced that it served as Syndication Agent in a senior secured credit facility in support of the acquisition of US Community...
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September 09, 2013, 07:22 AM
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Oxford Finance closed a $5.5 million revolving line of credit with PrimeSource Healthcare Systems, Inc. PrimeSource is a well established, privately owned provider of on-site mobile healthcare and billing services. Proceeds of the loan are being used...
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August 28, 2013, 07:29 AM
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Sanomedics International Holdings, Inc. has entered into a financing term sheet with MC Healthcare Finance LLC for a total $5 million Credit Facility, consisting of a $3 million revolving line of credit and a $2 million term loan. Use of proceeds...
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August 26, 2013, 08:01 AM
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Kindred Healthcare, Inc. announced that it has successfully completed amendments to its $750 million senior secured asset-based revolving credit facility (the "ABL Facility") and its $785.5 million senior secured term loan facility (the "Term Loan")...
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August 22, 2013, 07:29 AM
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BioScrip, Inc. has entered into (i) a senior secured first-lien revolving credit facility in an aggregate principal amount of $75.0 million (the "Revolving Credit Facility"), (ii) a senior secured first-lien term loan B in an aggregate principal...
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August 01, 2013, 08:03 AM
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GE Capital, Healthcare Financial Services, announced that it is serving as administrative agent and sole lender on a $10 million senior secured multi-draw term loan for Skylight Healthcare Systems, Inc. The company intends to use the financing...
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Gemino Healthcare Finance announced it has provided a $2 million revolving line of credit to Ability Prosthetics & Orthotics, Inc. The proceeds are being used to refinance existing debt and for working capital purposes.Founded in 2004, Ability is...
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Capital One Bank acted as a joint book runner on a $213.5 million secured term loan to FC Ranger Acquisition, LLC, to finance the acquisition of a portfolio of 26 senior housing properties consisting of 272 independent living units, 1,168 assisted...
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Capital One Bank served as the lead bank and administrative agent for a $48 million, five-year term loan to LCS-Westminster Partnership, IV LLP. The loan will be used to refinance and expand Sagewood, a newly constructed senior living community on...
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GE Capital, Healthcare Financial Services is serving as administrative agent and sole lender on a $7.5 million multi-draw senior secured term loan facility for OraMetrix, Inc. The financing will be used for working capital and to support growth...
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Capital One Bank served as administrative agent and joint lead arranger for a $70 million loan to fund the completion of construction of the Bay Area Regional Medical Center, an acute care hospital in Webster, TX. In addition to the construction loan...
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Healthcare Finance Group provided an $8 million senior secured revolving line of credit facility that may be increased to $12 million to Enzo Biochem, Inc. (Enzo) for working capital and growth purposes. The new secured revolving line of credit will...
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Invacare Corporation amended its credit agreement effective May 30, 2013, providing the company with additional flexibility on its financial covenants through December 31, 2013.''We are pleased to have completed this amendment to our credit agreement...
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Merge Healthcare Incorporated, a leading provider of clinical systems and innovations that seek to transform healthcare, announced the completion of its debt refinancing, including new senior secured credit facilities of a six-year term loan of $255...
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Already in dire financial straits, U.S. safety net hospitals are now facing an increased risk of failure as a result of the Affordable Care Act, according to a new report released by Alvarez & Marsal’s Healthcare Industry Group. The report details a...
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Prospect Capital Corporation provided $47 million of senior secured first-lien debt financing to support the acquisition of Atlantis Health Care Group (Puerto Rico), Inc. (Atlantis) by ICV Partners, a leading investment firm focused on lower...
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CIT Group announced the sale of Amerita, Inc., a provider of home and specialty infusion services, to PharMerica Corporation, an institutional pharmacy services provider. The deal was led by Wesley Smith, Chris Schaefer and Robyn Friedman from CIT...
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December 14, 2012, 07:12 AM
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Monroe Capital announced it is launching a new healthcare finance company to assist lower middle-market healthcare companies in meeting their liquidity needs to fund working capital, growth initiatives, expansion, and refinance existing debt. The new...
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November 13, 2012, 08:02 AM
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Executives in the senior housing and care industries are optimistic about their performance in the next 12 months, according to a survey of industry executives released today by GE Capital, Healthcare Financial Services. Seventy-seven percent of...
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November 05, 2012, 08:26 AM
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