Healthcare - Financial Services

Rx for Success


Blank Rome has a national reputation in healthcare finance.  With our clients in mind, we established a team of experienced attorneys that understand the legal complexities related to this specialized area. 

By keeping abreast of industry trends, Blank Rome healthcare finance attorneys are well equipped to provide legal solutions to some of the nation’s leading players.  Our healthcare industry clients range from lenders, hospitals and healthcare providers, outpatient, and senior and long-term care providers, to specialty pharmaceutical, medical device, and life science businesses.

Blank Rome has significant depth in representing lenders to the healthcare industry and finance affiliates.  These include senior and mezzanine and second-lien lenders in structuring, negotiating, and documenting all types of complex financing transactions.

Blank Rome’s healthcare finance group offers a wide range of services, including:

  • leveraged cash flow loans
  • asset-based finance
  • equipment leasing

Select Engagements

Hospital and Healthcare Service

  • Representation of a leading financial services company as lender in the $13.5 million secured revolving line of credit and the $16 million term loan to finance the acquisition of two hospitals located in Los Angeles, California.  The structure also included a sale and leaseback of the real estate associated with the hospital operations.
  • Representation of debtor-in-possession agent and lender in the $25 million hospital system Chapter 11 for Brooklyn Hospital Center and Caledonian Health Center Inc.
  • Representation of national healthcare finance company in the $450 million term loan and $28 million line of credit to healthcare services provider for financing and acquisition of 72 nursing homes in six states.
  • Representation of national healthcare finance company in conjunction with the financing of a number of financial and strategic acquisitions involving hospitals, nursing homes, hospice providers, and home care companies.

Outpatient, Long-Term and Senior Care

  • Representation of a leading financial services company as co-lender in the $15.9 million secured revolving line of credit and term loan for a developer, owner and manager of skilled nursing facilities in Mississippi, Louisiana and Tennessee.
  • Representation of agent in the $117.5 million loan to skilled nursing and assisted living facilities in Texas and Kentucky.
  • Representation of leading commercial lending, investment and asset management business in the $379 million mezzanine loan and the $250 million senior loan related to the merger and privatization of one of the nation’s largest long term care providers.
  • Representation of national healthcare finance company in the $170 million term loan and the $14.5 million line of credit to finance the purchase of 28 nursing homes.

Manufacturers and Distributors

  • Representation of an integrated specialty healthcare company in the $79 million loan to provide acquisition financing and on-going working capital.
  • Representation of finance affiliate of a global investment bank as agent in the $65 million revolver facility to an operator of retail institutional pharmacies.
  • Representation of finance affiliate of a global investment bank in the $40 million revolver facility to a specialty pharmaceutical/medical device company.
  • Representation of finance affiliate of a global investment bank in the $5 million revolver/letter of credit facility to a supplier of respiratory medications and supplies through a mail-order pharmacy.