Healthcare Finance

Advising Health Care Lenders

Because of our historically broad and diverse experience in counseling major national and regional banks and other financial institutions, our health care finance lawyers are particularly adept in providing legal counsel to health care lenders on the structure and negotiation of secured and unsecured loans and letters of credit for non-profit and for-profit health care organizations.

We handle the documentation and negotiation of loans, letters of credit, asset-based financing, special purpose financing and all other health care lending. We advise our clients on lender due diligence to evaluate risks and balance business, operational and legal needs. Although each lender has its own transactional processes and procedures, our work with a multitude of lenders enables us to suggest customized terms and provisions that benefit the lender and the borrower, as well as to build in safeguards that protect the lender's collateral in the event of default or bankruptcy.

Because we have worked on many transactions involving health care organizations, our lawyers are knowledgeable about the most complex deals, such as securitized financing for long-term care facilities.

Advising Providers

We serve as borrower's counsel for health care providers in tax-exempt and taxable bond financing. In the non-profit arena, we regularly help tax-exempt hospitals and rehabilitation facilities satisfy their financing needs and have served both as lender and borrower counsel in financing transactions for FQHCs.

Our lawyers serve as borrower's counsel in public and private entity tax-exempt and taxable revenue bonds for hospitals and nursing homes, and in certificates of participation and lease/purchase obligations to finance hospital equipment. We structure each transaction to comply with complex tax laws and state law restrictions while enhancing value to the borrower by reducing lender risk and minimizing taxes.