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White Oak Healthcare Finance Provides $30MM to BRF Hospitals

April 25, 2018, 07:13 AM
Filed Under: Healthcare

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 Louisiana (BRF). BRF manages the University Health System hospitals, formerly known as LSU Health Shreveport and LSU Health E.A. Conway (Monroe).

“BRF plays a very important role and provides a significant level of critical care to the communities that it serves,” said WOHCF’s Managing Director and Partner, Isaac Soleimani. “Our team has extensive experience financing hospitals and we are extremely happy to have added BRF and its experienced management team as a new client.”

University Health System provides advanced healthcare for patients in Shreveport, Monroe and surrounding areas. Operating the region’s only Level 1 Trauma Center, UHS combines quality care with research-based methods to provide leading service and 3,000 jobs in the community. UHS is one of just six hospitals in the nation affiliated with St. Jude Children’s Research Hospital and home to state-designated Centers of Excellence, including the Feist-Weiller Cancer Center.

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