Criteria
Investment Positions
-
Control or minority equity
-
Mezzanine debt
Sectors
-
Skilled nursing facilities (SNF)
-
In-patient rehab hospitals (IRF), multiple facilities with or without physician ownership
-
Long-term acute care hospitals
-
Specialty hospitals
-
Specialized surgical centers
-
Home health and related companies (sleep clinics, durable medical equipment companies, etc.)
-
Ancillary services that may be provided through health care facilities (transportation, infusion, etc.)
-
Niche health care providers and information technology companies
Company Characteristics
-
Revenue between $10 million and $200 million
-
EBITDA between $1 million and $30 million
-
Proven operating track record
-
Physician relationships
-
Case management track record
-
Regulatory compliance
