Healthcare Finance
Healthcare Finance
Our healthcare clients have turned to us for representation in more than $5 billion in transactions over the past five years. Our familiarity with the trends and the participants in this industry allows us to understand the lending market and to provide a sophisticated, practical and cost-conscious approach to healthcare finance transactions. We know that these transactions require a greater level of experiences and industry-specific knowledge than simple extensions of credit to unregulated borrowers.
Having represented both borrowers and lenders in taxable and tax-exempt healthcare financing transactions, we understand both sides of the table and are able to focus on the unique aspects each deal. Coupling our finance experience with our firm's nationally-recognized healthcare practice, we provide an interdisciplinary and coordinated approach to matters involving healthcare finance.
Across the nation, we represent owners and operators of hospitals, senior living facilities, ambulatory surgical centers and a wide range of other healthcare service providers — public, private and nonprofit — in connection with their credit facilities, acquisition financing, project financing, construction financing, bond issues and other financing needs.
We have particular experience dealing with loans involving specialty lenders such as healthcare REITs and other lenders who only finance healthcare companies, as well as senior housing financing from Fannie Mae and Freddie Mac for our senior living clients.
We also routinely advise on joint ventures, bankruptcy-remote special purpose entities and other borrower structures that bring additional layers of complexity to financing transactions.
We represent borrowers and lenders nationwide in a variety of healthcare loans and other financing transactions, including:
- Asset-based loans
- Asset securitizations
- Letters of credit
- Syndicated credit facilities
- Interest rate swaps
- Tax exempt financing
- Equipment financing
- Equipment leasing
- Real estate and construction loans
- Project financings and sale-leaseback transactions
Our healthcare clients have turned to us for representation in more than $5 billion in transactions over the past five years. Our familiarity with the trends and the participants in this industry allows us to understand the lending market and to provide a sophisticated, practical and cost-conscious approach to healthcare finance transactions. We know that these transactions require a greater level of experiences and industry-specific knowledge than simple extensions of credit to unregulated borrowers.
Having represented both borrowers and lenders in taxable and tax-exempt healthcare financing transactions, we understand both sides of the table and are able to focus on the unique aspects each deal. Coupling our finance experience with our firm's nationally-recognized healthcare practice, we provide an interdisciplinary and coordinated approach to matters involving healthcare finance.
Across the nation, we represent owners and operators of hospitals, senior living facilities, ambulatory surgical centers and a wide range of other healthcare service providers — public, private and nonprofit — in connection with their credit facilities, acquisition financing, project financing, construction financing, bond issues and other financing needs.
We have particular experience dealing with loans involving specialty lenders such as healthcare REITs and other lenders who only finance healthcare companies, as well as senior housing financing from Fannie Mae and Freddie Mac for our senior living clients.
We also routinely advise on joint ventures, bankruptcy-remote special purpose entities and other borrower structures that bring additional layers of complexity to financing transactions.
We represent borrowers and lenders nationwide in a variety of healthcare loans and other financing transactions, including:
- Asset-based loans
- Asset securitizations
- Letters of credit
- Syndicated credit facilities
- Interest rate swaps
- Tax exempt financing
- Equipment financing
- Equipment leasing
- Real estate and construction loans
- Project financings and sale-leaseback transactions
Experience
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We represented a sponsor-backed home healthcare company in obtaining senior secured credit facilities.
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We represented Tivity Health in a syndicated loan transaction providing the company with a $400 million senior secured term loan...
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We represented a sponsor-backed home healthcare company in obtaining senior secured credit facilities.
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We served as bond counsel and borrower counsel to Covenant Health in connection with the issuance of over $600 million...
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We represented a private eye care center based in California in a $54 million credit facility with a private loan...
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We represented Community Health Systems, Inc. (NYSE: CYH) in its tack-on offering of $900 million aggregate principal amount of 6.250%...
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We represented Quorum Health Corporation in its exchange of 11.625% Senior Notes due 2023 in the aggregate principal amount of...
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We represented Community Health Systems, Inc. (NYSE: CYH) in its offering of $2.2 billion aggregate principal amount of 6.250% Senior...
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We closed four separate transactions for Covenant Health totaling more than $400 million in new financings and refinancings. The centerpiece...
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We closed an approximately $108 million refinancing for Mountain States Health Alliance (MSHA). This refinancing will save MSHA, the largest...
Experience
-
We represented a sponsor-backed home healthcare company in obtaining senior secured credit facilities.
-
We represented Tivity Health in a syndicated loan transaction providing the company with a $400 million senior secured term loan...
-
We represented a sponsor-backed home healthcare company in obtaining senior secured credit facilities.
-
We served as bond counsel and borrower counsel to Covenant Health in connection with the issuance of over $600 million...
-
We represented a private eye care center based in California in a $54 million credit facility with a private loan...
-
We represented Community Health Systems, Inc. (NYSE: CYH) in its tack-on offering of $900 million aggregate principal amount of 6.250%...
-
We represented Quorum Health Corporation in its exchange of 11.625% Senior Notes due 2023 in the aggregate principal amount of...
-
We represented Community Health Systems, Inc. (NYSE: CYH) in its offering of $2.2 billion aggregate principal amount of 6.250% Senior...
-
We closed four separate transactions for Covenant Health totaling more than $400 million in new financings and refinancings. The centerpiece...
-
We closed an approximately $108 million refinancing for Mountain States Health Alliance (MSHA). This refinancing will save MSHA, the largest...
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
Professionals
Name | Phone | |
---|---|---|
Katie Day Member |
(615) 742-7891 | kday@bassberry.com |
Felix R. Dowsley, III Member |
(615) 742-6228 | fdowsley@bassberry.com |
Leslie M. Ford Member |
(615) 742-7791 | lmford@bassberry.com |
Thomas Gossett Member |
(615) 742-7726 | tgossett@bassberry.com |
David W. Harper, Jr. Member |
(615) 742-7785 | dharper@bassberry.com |
G. Mark Mamantov Member |
(865) 521-0365 | mmamantov@bassberry.com |
Russell A. Miller Member |
(615) 742-7778 | rmiller@bassberry.com |
James Polk Moneyhun, Jr. Member |
(865) 521-0368 | jmoneyhun@bassberry.com |
Scott W. Reid Member |
(865) 521-2037 | scott.reid@bassberry.com |
John S. Seehorn Member |
(615) 742-7754 | jseehorn@bassberry.com |
Cynthia N. Sellers Member |
(615) 742-6255 | csellers@bassberry.com |
Katherine Smalley Associate |
(615) 742-7709 | katie.smalley@bassberry.com |
Russell E. Stair Member |
(865) 521-2021 | rstair@bassberry.com |
Amanda Elliott Stanley Counsel |
(615) 742-7945 | astanley@bassberry.com |
James S. Tate, Jr. Member |
(615) 742-6235 | jtate@bassberry.com |
Publications
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December 7, 2023 | Firm Publication
Upcoming Events
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April 3-6, 2024 | New Orleans, LouisianaABA Health Law Section
Past Events
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April 24-27, 2022 | Nashville, TennesseeAHLA Health Care Transactions Conference
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June 23-24, 2014
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May 7, 2014 | WebinarAmerican Bar Association
Media Mentions & Firm News
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December 19, 2022 | Law360 Pulse
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December 14, 2022 | Firm News
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November 30, 2020 | Law360
Publications
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December 7, 2023 | Firm Publication
Past Events
-
April 24-27, 2022 | Nashville, TennesseeAHLA Health Care Transactions Conference
-
June 23-24, 2014
-
May 7, 2014 | WebinarAmerican Bar Association
Media Mentions & Firm News
-
December 19, 2022 | Law360 Pulse
-
December 14, 2022 | Firm News
-
November 30, 2020 | Law360
Contact
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
"Bass, Berry & Sims holds a deep bench with varied expertise across both regulatory and transactional healthcare matters. It is well equipped to handle significant multistate M&A deals, recapitalizations and dispositions. It is regularly mandated on joint ventures and syndications, in addition to compliance matters and government investigations. The firm's clients include healthcare companies, pharmacy groups, private equity investors and long-term care centers." Client feedback: "Bass, Berry & Sims has the breadth and depth of knowledge to handle complex and sophisticated matters." "Bass, Berry & Sims provides expert advice on business strategy and healthcare compliance matters." "The firm provides a high-level, excellent service and responds immediately."
From Chambers USA 2023