Continuing Healthcare Solutions Receives $43.3M Loan

chsContinuing 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.



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