Krieg DeVault’s Health Care Finance Group has significant experience representing and counseling health care providers, commercial banks, underwriters, and issuers in the capital structures and needs of the health care industry. Krieg DeVault has been focused on the financial services industry since the firm’s founding and has a 25 year history serving health care providers.
This combination of expertise is the foundation of the Health Care Finance Practice. We know that health care lenders (including commercial banks, investment banks, hedge funds, mezzanine lenders, and other capital sources) expect their outside counsel to have deep insight into both lending and health care trends. We are able to draw upon our experience in both fields in order to provide sophisticated health care lenders with the quality and depth of industry knowledge that these specialized transactions require.
We have represented clients in providing financing to the health care industry for a wide variety of uses, including acquisition finance, working capital, and lease transactions. These transactions cover the full range of providers, from small physician practices to publicly-traded health care systems. In addition, on a regular basis, we represent hospitals, ambulatory surgery centers, physician groups, home health agencies, pharmacies, and various health care facilities, vendors, and business entities on corporate transactions, joint ventures and formation, and structural, licensing, and regulatory issues.
We also have significant experience with skilled nursing facilities and assisted and independent living communities, including the acquisition of real estate and construction of specialized facilities, working capital and leasing of equipment for operations, recapitalizations or acquisition financing for additional properties or practices and UPL nursing home arrangements.
Our in-depth experience with these and other issues results in more efficient and cost-effective service for our clients. We are able to isolate potential problems and construct safeguards in the financing documentation, enabling our clients to take advantage of business opportunities as they arise.