Need A New Hospital?
It takes several factors for a District to build a replacement Hospital. First, there’s the financing. Some Districts have an option of issuing bond debt. In today’s economic climate, many can’t do that. Second, there’s the income to qualify for the financing, cover the debt service ratio and the balance sheet to show the lenders that you are creditworthy. Running a slight deficit each year after tax revenue makes it more difficult to qualify for any financing.
We have a different approach: First, we work with the District to clean up the financials and build a balance sheet. Then we guarantee that we will get financed and built a replacement hospital, or nursing home or whatever project you need for your community. We have the expertise to not only help you get your hospital in better financial shape, but the proven ability to access the debt necessary to get your hospital replaced.
Dizzy Dean, the baseball star once said: “It ain’t bragging if you have done it”. We have “done it”.