Tag Archives: Ambulatory Care Center

Mezzanine Debt Explained

When looking for ways to fund the goings on of an ASC or urgent care center, an owner operator must adopt a businessman’s mindset. In other words, he or she must look at the center as a small or large business.

Dallas, Texas, August 11, 2014 – When looking for ways to fund the goings on of an ASC or urgent care center, an owner operator must adopt a businessman’s mindset. In other words, he or she must look at the center as a small or large business.

Whether an owner is looking to buy out a partner or expand the center in some way, extra capital can be a hard thing to come by, especially if the amount is substantial.

Seeking out a loan from a bank in the form of asset backed financing is own common option. However, in an article published by The Ambulatory M&A Advisor, a type of financing called “mezzanine” financing is explained.

According to Rodger Davis, Partner at Northcreek Mezzanine in Cincinnati, mezzanine debt financing is, “subordinated to a senior lender. It has a second priority lean on the assets of the business. Hence the word ‘mezzanine,’ because it sits between senior debt and equity.”

The article, which can be read in full here, goes into further detail about differences in equity and collateral between mezzanine and asset backed bank financing. Robert Stewart, General Partner at Spring Capital Partners, L.P., also offers insights and comments in the article.

The Ambulatory M&A Advisor is an online publication that covers the most up-to-date trends and topics surrounding ambulatory care center deal making, including information on investment banking in the ambulatory care realm.

To read this article and others like it, visit the publication at www.ambulatoryadvisor.com.

Contact:
Blayne Rush, MHP, MBA
Ambulatory Alliances, LLC
18181 Midway Rd Ste 200
Dallas, Texas 75287
469-385-7792
publisher@AmbulatoryAdvisor.com
http://www.ambulatoryadvisor.com

A Look at Due Diligence in Ambulatory Care Center Transactions

With mergers and acquisitions (M&A) activity in ambulatory care increasing over the last year

Dallas, Texas, July 05, 2014 – With mergers and acquisitions (M&A) activity in ambulatory care increasing over the last year, the significance of doing the right due diligence for a practice cannot be over-emphasized.

In an article published on The Ambulatory M&A Advisor, healthcare attorneys and consultants give insight into the financial, legal and clinical aspects of due diligence and the best ways to approach each.

Experts Michael Schaff, attorney and chair of the Corporate & Health Care Departments at Wilentz, Goldman & Spitzer, Bill Horton, an Alabama-based partner and health care attorney with the Jones Walker law firm, and Roger Strode, a partner and health care attorney with the Chicago office of Foley & Lardner, LLP, all give advice for those seeking information about these areas of due diligence.

Schaff’s advice for potential sellers: “Before you negotiate a price, do appropriate due diligence on yourself so you are prepared for what the buyers will ask and you know where your ‘skeletons’ may be. Sometimes smaller companies don’t have the internal resources to dot every ‘i’ or cross every ‘t’. There are many potential traps for the unwary, and surprises pop up in the middle of the process” which can result in a buyer reducing his offered price.

The Ambulatory M&A Advisor is an online publication that features articles covering business, legal and transactional updates and insights around ambulatory care center deal making. To read this article and others like it, visit the publication at www.ambulatoryadvisor.com.

Contact:
Blayne Rush, MHP, MBA
Ambulatory Alliances, LLC
18181 Midway Rd Ste 200
Dallas, Texas 75287
469-385-7792
Blayne@AmbulatoryAlliances.com
http://www.ambulatoryadvisor.com