Illinois Finance Authority

Healthcare

“Our goal is to help provide high quality health care at the lowest cost by offering an alternative source of capital financing to health care providers, regardless of size or geographic location.”

IFA has products and programs to assist a wide range of healthcare facilities in Illinois – hospitals, nursing homes, life care retirement communities for the elderly, medical schools, and community providers of residential and rehabilitation services for persons who are mentally ill, developmentally disabled or alcohol or substance abusers.

Put IFA’s experience on your team for capital project and fixed asset financings, including tax-exempt bonds, loans and equipment financing.

Latest News

1985 Pooled Funds Available for Reimbursement of Capital Expenditures for Rated Hospitals
Through the 1985 Revolving Fund Pooled Financing Program, $40 million is now available to qualified Illinois Hospitals for reimbursement of capital expenditures. E-mail Dana Sodikoff or Pam Lenane to find out if you qualify. learn more

Kewanee Hospital Expands with IFA Healthcare Initiative Financing
Illinois Finance Authority joins with Pine Creek Healthcare Capital and Illinois Critical Access Hospital Network to congratulate Kewanee Hospital on their $32,205,000 financing. This is the first financing of a replacement Critical Access Hospital in the State of Illinois.

Small Hospital Program Adds More Options
IFA and the Illinois Critical Access Hospital Network (ICAHN) announce expanded financing options within the IFA Healthcare Initiative. The Healthcare Initiative was developed for small to mid-sized rural and urban hospitals who traditionally have not had access to low cost tax-exempt capital. The 2007 Action: Public Offering for Critical Access Hospitals (CAH's)... learn more

Meet Your Healthcare Team
IFA's healthcare team offers extensive expertise in market segments and financing structures. They help identify critical market needs and assist with client projects where affordable access to capital makes the difference in financial feasibility. Meet the team...

Ask a Question
Send an email to the Healthcare Team

Recent Financings:

• Riverside Health System -- $76,625,000

• Loyola University Medical Center – $160,145,000

• Elmhurst Memorial Hospital – $47,000,000

• Montgomery Place – $40,850,000

• Tabor Hills – $20,385,000

• Midwest Regional Hospital Center– $45,485,000

• City of Sterling/CGH Medical Center– $15,080,000

Find out how IFA can help with your next healthcare financing project. Contact the IFA Healthcare Team or a Funding Manager in your region.

IFA Helps Finance new Prentice Women's Hospital
$500 million in tax-exempt bonds for Northwestern Memorial Hospital assisted in the financing of the new Prentice Women's Hospital to be completed in 2007. IFA's partnering in this project allowed Northwestern Memorial Hospital to secure the most favorable financing terms…learn more


	Overview

	Did you know?

	In your region

	Products

Investing Bond Proceeds

IFA partners with PFM to offer this comprehensive investment management and arbitrage rebate compliance program
Learn more...

Privacy Statement | Terms & Conditions