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Case Study: Hospital Modernization Financing (April 22, 2010)

by on 03-03-2010 10:40 AM - last edited on 03-17-2010 12:40 PM by Community Manager

Is your hospital losing market share because your outdated facility cannot compete? Does your hospital desperately need capital improvements? Many hospitals today face a dilemma: Capital improvements are needed for the hospital to survive and thrive, but those improvements seem out of reach for the hospitals that need financing the most. Join this teleconference to discuss case studies of hospital modernization financing options that have worked for facilities like yours. Read more...

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Alan Richman is the founder of InnoVative Capital, a HUD licensed FHA mortgage bank which finances capital projects and replacement facilities for rural and community hospitals by underwriting FHA section 242 mortgage insured loans. Mr. Richman has over 28 years experience in the fields of hospital finance, public finance, and real estate banking. Mr. Richman has worked with hospitals in 40 states and has FHA 242 financed the replacement of numerous replacement community hospitals including six QHR hospitals. Mr. Richman lectures throughout the United States at industry forums addressing the systemic barriers facing rural and community hospitals to accessing the capital markets, and potential solutions, including the HUD 242 Program.

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