Continuing Healthcare Solutions, Inc., a provider of long-term care services in Ohio and neighboring regions, received a $43.3m term loan and line of credit.
Oxford Finance, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, provided the financing.
These funds were used to purchase and provide working capital for eight long-term care facilities in Ohio from the Zandex Group.
Led by T. Scott Sprenger, president and chief operating officer, CHS operates a network of communities of over 33 properties offering a range of senior living options including assisted living, skilled nursing and rehabilitation, long-term care, respite care and Alzheimer’s care.
FinSMEs
14/02/2019