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.
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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)...
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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...
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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
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