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News Stories (119 Results) - Healthcare

Wells Fargo Corporate & Investment Banking, a part of Wells Fargo & Company, announced David Lauffer has joined its Healthcare Investment Banking group as a Managing Director covering the biopharma sector. Based in New York, he will report to Omid... Read Story
July 19, 2019, 09:05 AM


GlassRatner Advisory & Capital Group, LLC, a specialty financial advisory services firm and wholly-owned subsidiary of B. Riley Financial, Inc., announced the addition of Melissa Scott, Jeannie O’Donnell and Mardelle Klaus to the firm.Scott... Read Story
April 04, 2019, 09:00 AM


For years private equity firms have invested in healthcare, but now the pace is quickening as they step up their presence in a highly fragmented health industry, seizing on consolidation opportunities to build a better business model, according to a... Read Story
March 28, 2019, 09:15 AM


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.... Read Story
February 13, 2019, 07:26 AM


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)... Read Story
January 16, 2019, 07:31 AM


Twin Brook Capital Partners, the middle-market direct lending subsidiary of Angelo Gordon, announced that it has committed over $2 billion to private equity sponsors in support of healthcare sector transactions in the middle market, including over $1... Read Story
January 07, 2019, 07:47 AM


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... Read Story
December 06, 2018, 08:01 AM


Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced the closing of a $25 million senior secured term loan with Karius, Inc., a life science company transforming... Read Story
November 30, 2018, 07:15 AM


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... Read Story
November 19, 2018, 08:32 AM


TIAA Bank announced the acquisition of a $1.5 billion portfolio of healthcare equipment leases and loans from GE Capital’s Healthcare Equipment Finance (HEF) business. This significantly expands TIAA Bank’s commercial banking business and enhances... Read Story
November 16, 2018, 08:01 AM


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... Read Story
November 14, 2018, 08:10 AM


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... Read Story
November 01, 2018, 08:00 AM


Capital One announced that it has established a new unitranche loan program, focused on the commercial and healthcare real estate industries, with Kayne Anderson Real Estate as strategic co-investor. The program, through Structured Real Estate... Read Story
October 31, 2018, 08:04 AM


Capital One’s annual survey of seniors housing and long-term care executives has found that industry leaders are maintaining their optimistic outlook for M&A activity for the upcoming year. Ninety-two percent of executives foresee M&A activity... Read Story
October 22, 2018, 07:12 AM


Abacus Finance Group, LLC (Abacus), a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it served as Administrative Agent and Lead Arranger for... Read Story
October 15, 2018, 07:00 AM


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... Read Story
October 10, 2018, 07:07 AM


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... Read Story
October 04, 2018, 07:10 AM


FTI Consulting, Inc. announced the appointment of Chad Shandler and Clifford Zucker as Senior Managing Directors, Kevin DeLuise as a Managing Director and Roberta Probber and Karl Knechtel as Senior Directors in the Corporate Finance & Restructuring... Read Story
October 03, 2018, 07:18 AM


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... Read Story
September 26, 2018, 07:10 AM


Antares announced it is serving as administrative agent and joint lead arranger on $151 million in senior secured credit facilities to support the acquisition of NJRetina by Quad-C Management, Inc. (Quad-C). NJRetina specializes in diagnosing and... Read Story
September 18, 2018, 07:04 AM


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... Read Story
September 04, 2018, 08:01 AM


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... Read Story
August 30, 2018, 08:02 AM


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.... Read Story
August 28, 2018, 08:00 AM


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... Read Story
August 24, 2018, 07:04 AM


Polsinelli released the Polsinelli-TrBk Distress Indices for the second quarter of 2018, which slowed slowing distress in the U.S. economy. For the first time in three quarters, the Polsinelli-TrBK Distress Indices has recorded signs of slowing... Read Story
August 15, 2018, 08:12 AM


Monticello Asset Management, LLC announced that two of Monticello’s investment vehicles originated $36 million in first lien debt financing to Maui Sunset, LLC and a $4 million working capital loan to the operating companies of the facilities. The... Read Story
July 20, 2018, 07:09 AM


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... Read Story
July 03, 2018, 08:00 AM


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... Read Story
June 21, 2018, 07:09 AM


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... Read Story
June 21, 2018, 07:07 AM


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... Read Story
May 31, 2018, 07:06 AM


Opus Bank announced that Patrick J. Rounds, a 34-year banking veteran, has joined Opus as Senior Managing Director, Healthcare Banking. Rounds will be responsible for further expanding, and providing capital financing and banking solutions to Opus’... Read Story
May 30, 2018, 08:08 AM


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... Read Story
May 02, 2018, 07:22 AM


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... Read Story
April 25, 2018, 07:24 AM


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... Read Story
April 25, 2018, 07:13 AM


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... Read Story
April 12, 2018, 07:41 AM


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... Read Story
March 19, 2018, 07:11 AM


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... Read Story
February 22, 2018, 07:11 AM


Fifth Third Bancorp announced that Fifth Third Securities Inc. has agreed to acquire Coker Capital Advisors, a premier M&A advisory services firm focused on middle-market healthcare companies. “The addition of Coker Capital Advisors to our team... Read Story
February 06, 2018, 07:45 AM


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... Read Story
January 11, 2018, 07:25 AM


FTI Consulting, Inc. announced that Jan Naifeh has joined the firm as a Senior Managing Director in the Corporate Finance & Restructuring segment, enhancing its healthcare advisory expertise for both companies and creditors. Naifeh, who will be based... Read Story
January 09, 2018, 07:31 AM


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... Read Story
January 09, 2018, 07:26 AM


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... Read Story
January 03, 2018, 07:30 AM


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... Read Story
December 21, 2017, 07:16 AM


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... Read Story
December 20, 2017, 07:27 AM


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... Read Story
December 15, 2017, 07:11 AM


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... Read Story
December 14, 2017, 07:19 AM


Capital One announced that it provided a $44.4 million loan for the acquisition of a medical office building portfolio in North Carolina. The borrower is a joint venture of a client advised of Heitman, a global real estate investment management firm... Read Story
December 12, 2017, 07:08 AM


SunTrust Robinson Humphrey (STRH), the corporate and investment bank of SunTrust Banks, Inc. announced it has hired Kevin Carpenter as a managing director in its Technology & Services Investment Banking group. Carpenter brings more than 15 years of... Read Story
December 07, 2017, 07:29 AM


BlackArch Partners, a middle-market investment bank offering a full spectrum of advisory services, announced that Adam Huitt has joined the firm as Managing Director and head of the firm’s Healthcare industry practice.Over Huitt’s career, which... Read Story
December 04, 2017, 07:34 AM


PNC Bank announced the entry into a definitive agreement to acquire The Trout Group, LLC, the premier investor relations and strategic advisory firm servicing the healthcare industry, with more than 80 clients in the life sciences, biotechnology... Read Story
November 28, 2017, 07:14 AM


The Healthcare division of Wells Fargo Corporate Banking has made significant investments to expand its practice since its formalization. Healthcare Corporate Banking has doubled its capital commitments to the for-profit health care industry and has... Read Story
November 17, 2017, 07:16 AM


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... Read Story
October 10, 2017, 07:15 AM


Abraxas Group Founding Partner David Johnson, serving in the role of Interim Chief Operating Officer, led the successful turnaround and restructuring of a Chicago-area Behavioral Healthcare Company active in adolescent residential treatment, adoption... Read Story
October 09, 2017, 07:17 AM


KeyBanc Capital Markets Inc., the corporate and investment banking unit of KeyCorp, announced that it has closed its acquisition of Cain Brothers, a healthcare focused investment banking and public finance firm.The acquisition agreement was announced... Read Story
October 06, 2017, 07:05 AM


FBR Capital Markets & Co. (FBR), a full service investment bank and wholly-owned subsidiary of B. Riley Financial, Inc, announced that David Buck, George Zavoico, Ph.D., and Madhu Kumar, Ph.D. have joined the firm as Equity Research Analysts along... Read Story
October 04, 2017, 07:07 AM


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... Read Story
September 27, 2017, 07:00 AM


Wells Fargo announced that it has expanded its technology and life sciences focus in the Southwest, adding local, dedicated coverage for the bank’s Arizona, Nevada, and New Mexico technology and life sciences customers. The expansion leverages the... Read Story
September 11, 2017, 08:00 AM


Regions Bank announced that Mark Hardison has joined the Healthcare group as Managing Director with an emphasis on covering clients and prospects across the entire healthcare platform. Hardison will report to John Barton, Executive Vice President of... Read Story
September 06, 2017, 08:16 AM


Leveraged loan volume reached $874.7 billion year to date, an increase of 77.5% over the $492.9 billion raised at the same time last year and an indication the market could achieve new record volumes by year end, according to Thomson Reuters LPC data... Read Story
August 28, 2017, 08:37 AM


CeloNova BioSciences, Inc., a medical device company that develops, manufactures and markets a family of innovative cardiovascular products based upon its novel Polyzene™-F nanocoating technology, announced the completion of a 4-year joint financing... Read Story
August 08, 2017, 07:08 AM


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... Read Story
July 31, 2017, 07:04 AM


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... Read Story
July 26, 2017, 02:30 PM


Strongbridge Biopharma plc, a global commercial-stage biopharmaceutical company focused on the development and commercialization of therapies for rare diseases with significant unmet needs, announced that it has entered into a $50 million senior... Read Story
July 17, 2017, 07:17 AM


Credit Suisse is moving Robert Willoughby to the Healthcare Group in its Investment Banking and Capital Markets division, a spokesperson for the company confirmed to ABL Advisor.  In his new role Willoughby will serve as a Senior Advisor and will... Read Story
July 14, 2017, 07:27 AM


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... Read Story
June 26, 2017, 07:08 AM


Schweiger Dermatology Group announced that it has secured a $20 million debt facility from Triangle Capital Corporation to help fund and support its growth. Under the terms of this facility, the total funding may be increased to $30 million in the... Read Story
June 23, 2017, 07:15 AM


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... Read Story
June 13, 2017, 07:06 AM


Rothschild Global Advisory is further strengthening its North American business by announcing four more senior hires. Rothschild has hired Reza Vahabzadeh and Siddharth Hariharan as Managing Directors on the Consumer team, and Aashis Mehta and... Read Story
May 30, 2017, 07:13 AM


Super G provided a $1.5 million working capital bridge facility to a provider of software as a service (SaaS) solutions. The company's platform provides data management solutions to insurance agencies, government agencies, hospitals and other... Read Story
May 25, 2017, 07:25 AM


2017's first quarter was grim for retailers, as bankruptcy filings continued to escalate, with no sign of decreasing in the foreseeable future, proving the "Amazon Effect" is not a fluke. Energy industry filings are expected to continue in the second... Read Story
May 12, 2017, 07:38 AM


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... Read Story
April 27, 2017, 07:18 AM


Amid questions about the direction of the global economy, investors doubled down on healthcare as a safe haven in 2016, driving up both deal count and deal value. Yet, with so much interest in overall healthcare assets, they faced intense competition... Read Story
April 24, 2017, 07:47 AM


New York hedge fund Deerfield Management, a healthcare-only investment firm with over $8.0 billion under management, has purchased outstanding bank debt from Adeptus Health, Inc., and expects to provide additional financing, along with operational... Read Story
April 07, 2017, 07:09 AM


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... Read Story
March 22, 2017, 07:59 AM


Invuity, Inc., a medical technology company focused on minimal access surgery, announced that it signed a new debt agreement with MidCap Financial. The new facility consists of a $30 million term loan divided in two tranches. The first tranche of $20... Read Story
March 14, 2017, 07:25 AM


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... Read Story
March 09, 2017, 07:00 AM


CIT Group Inc., a provider of commercial lending and leasing services, announced that CIT Healthcare Finance served as joint lead arranger and joint bookrunner for a $275.3 million senior secured credit facility for Blue Wolf Capital Partners, a... Read Story
March 07, 2017, 07:19 AM


BioDelivery Sciences International, Inc. announced that it has entered into a senior credit facility with affiliates of CRG LP, a healthcare-focused investment firm, to retire its existing credit facility and provide additional working capital for... Read Story
February 24, 2017, 07:25 AM


BB&T Capital Markets announced the addition of three senior bankers to its investment banking team. David Keys joins as a managing director and head of the newly formed Healthcare Group, Dave Endom joins as vice president in the Healthcare Group and... Read Story
February 10, 2017, 08:17 AM


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... Read Story
January 25, 2017, 07:04 AM


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... Read Story
January 16, 2017, 07:33 AM


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... Read Story
January 10, 2017, 07:35 AM


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... Read Story
January 10, 2017, 07:09 AM


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... Read Story
January 05, 2017, 07:25 AM


Oxford Finance LLC, an industry-leading specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced that it has been acquired by an affiliate of Wafra Capital Partners, whose family of funds and... Read Story
November 18, 2016, 07:45 AM


The construction, consumer and retail, and healthcare industries were the most active in closing deals valued at $75 million or less in the third quarter of 2016, according to a new survey released by CMF Associates, private equity’s preferred... Read Story
November 08, 2016, 07:41 AM


Alpine Capital said it has provided senior debt financing to Comprehensive Health Services, a healthcare technology and services company located in New Jersey.  The financing consisted of a $1 million senior secured revolving line of credit and a $5... Read Story
November 08, 2016, 07:30 AM


Huron Consulting Group announced that Matt Wilson will join the company as a managing director in its Healthcare practice. He will be responsible for helping health systems, hospitals and physician organizations achieve sustainable improvements in... Read Story
August 11, 2016, 09:25 AM


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... Read Story
March 08, 2016, 08:05 AM


ORIX USA announced the continued expansion of ORIX Ventures, the business unit dedicated to supporting high growth companies. With record performance in 2014 and continued success in 2015, ORIX Ventures has expanded further with a new... Read Story
October 21, 2015, 07:42 AM


LCG Advisors, a leading Tampa based corporate finance advisory firm, has announced the acquisition of the operations of Conscientia Analytics, a Jacksonville based healthcare due diligence firm.  The acquisition of Conscientia allows LCG to diversify... Read Story
October 21, 2015, 07:28 AM


hc1.com, inventor of the world's leading healthcare relationship management platform, announced it has raised $13.2 million in new growth capital led by existing hc1.com investors. The company plans to deploy this capital to support expansion through... Read Story
October 19, 2015, 07:36 AM


Intrepid Investment Bankers announced that Jonathan Bluth has joined as Head of its Healthcare Group to lead the growth of the firm in this rapidly consolidating sector. Bluth joins Intrepid with more than 15 years of healthcare finance experience... Read Story
October 05, 2015, 07:31 AM


GE announced that it has reached an agreement to sell $8.5 billion of healthcare-related loans and its Healthcare Financial Services (HFS) U.S. lending business to Capital One for approximately $9 billion. Separately, GE has signed an agreement with... Read Story
August 12, 2015, 08:00 AM


Spurred by rapid growth of the life sciences supercluster in Boston, Wells Fargo announced the expansion of its Commercial Banking capabilities to serve life sciences companies. The company has named Katherine Andersen, a 15-year finance veteran of... Read Story
January 28, 2015, 07:59 AM


Leading global professional services firm Alvarez & Marsal (A&M) has bolstered its Healthcare Industry Group with the addition of Donald Casey Jr. MD, MPH, MBA, who joins as a managing director based in Chicago.A board-certified primary care... Read Story
November 12, 2014, 07:07 AM


Healthcare Finance Group, LLC ("HFG") announced that Andy Phelps and Mark Farlin have joined the company as Senior Vice Presidents of Business Development. Their efforts are part of HFG's expanding sales and marketing initiatives as it grows to meet... Read Story
September 16, 2014, 07:19 AM


Ally Corporate Finance, a unit of Ally Financial Inc. that provides senior secured commercial lending products to primarily U.S.-based, middle-market companies, named Jim Babcock managing director and head of Healthcare Underwriting, effective... Read Story
September 08, 2014, 07:53 AM


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... Read Story
July 31, 2014, 07:31 AM


Consonance Capital Partners (“CCP”), the private equity arm of Consonance Capital, a leading healthcare-focused investment firm, announced the final closing of its $500 million healthcare private equity fund. The fund was oversubscribed, surpassing... Read Story
July 22, 2014, 07:28 AM


Shore Capital Partners, a Chicago-based healthcare focused private equity firm, announced today that it has successfully completed fundraising for Shore Capital Partners Fund I (“Fund I”), which was substantially oversubscribed and closed with $112.5... Read Story
June 05, 2014, 07:19 AM


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... Read Story
March 06, 2014, 07:09 AM


MidCap Financial, a leading healthcare oriented commercial finance company focused on the middle market in the United States, today announced it has been acquired by an entity managed by Apollo Global Management, LLC (together with its consolidated... Read Story
November 19, 2013, 07:43 AM


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.   ... Read Story
October 11, 2013, 07:27 AM


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... Read Story
July 09, 2013, 07:02 AM


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... Read Story
June 11, 2013, 07:38 AM


Tighter risk spreads and continuing signs of over-heating in debt markets have led some U.S. business development companies (BDCs) to look for new growth opportunities. Several BDCs, which are largely cash flow lenders to middle-market companies... Read Story
May 15, 2013, 07:53 AM


Fifth Street Finance Corp. announced that it has entered into a definitive agreement to acquire Healthcare Finance Group, LLC ("HFG") as a portfolio company. HFG is a specialty lender providing asset-based lending and term loan products to the... Read Story
May 08, 2013, 08:05 AM


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... Read Story
April 17, 2013, 07:59 AM


NXT Capital announced that Stuart Smartt has joined the company as Managing Director, Head of Healthcare, for the Corporate Finance Group. Smartt’s responsibilities include originating and leading senior secured credit facilities for private equity... Read Story
April 10, 2013, 07:12 AM


Rotech Healthcare filed voluntary petitions for reorganization under Chapter 11 of the U.S Bankruptcy Code as well as its plan of reorganization as the next step towards completing its debt reduction and restructuring announced on March 15, 2013.... Read Story
April 09, 2013, 07:10 AM


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... Read Story
March 21, 2013, 07:35 AM


Healthcare Finance Group (HFG) provided a $15 million senior secured revolving line of credit to Premier Research. Premier Research is a leading contract research organization (CRO) providing clinical development services to biotech, pharmaceutical... Read Story
March 13, 2013, 07:48 AM


Global professional services firm Alvarez & Marsal announced the addition of Steve Geringer, a senior healthcare executive, advisor and director, to lead A&M Healthcare Industry Group’s private equity services as a managing director based in New York... Read Story
January 23, 2013, 07:48 AM


MC Healthcare Finance, a specialized healthcare lender offering asset-based, term and cash flow loans to middle market and lower-middle market healthcare companies, announced that Kim Gordon has joined the firm as SVP/Director of Credit. Gordon is... Read Story
January 17, 2013, 07:48 AM


GE Capital, Healthcare Financial Services announced it is serving as administrative agent on a $21.5 million senior secured credit facility for Amedica Corporation. The financing will be used for working capital to support growth. Headquartered in... Read Story
January 10, 2013, 08:08 AM


Capital One Bank provided a $34 million construction loan to WH Hospital Property Company, to fund the conversion of an existing medical office building into an acute care hospital, Walnut Hill Physicians’ Hospital. The construction loan will convert... Read Story
December 20, 2012, 07:04 AM


BMO Harris Bank’s Sponsor Finance group announced it was the sole lead arranger, sole bookrunner and is administrative agent for $40 million in senior credit facilities to JDC Healthcare Management, LLC,  and a portfolio company of Black Canyon... Read Story
October 31, 2012, 06:00 AM


Doral Healthcare Finance provided a three year $7 million revolving line of credit to a chain of HUD and Non-HUD nursing homes managed by LA Management.  Proceeds from the transaction will be used for working capital and to refinance existing debt at... Read Story
October 22, 2012, 07:07 AM