CIT arranges revolving credit facility for Ernest Health

Share this article:
CIT Healthcare has arranged a $20 million senior secured asset-based revolving credit facility for Ernest Health, Inc., one of the nation's leading operators of inpatient rehabilitation and long-term acute care hospitals. “We are pleased that we were able to assist the management of Ernest and Medical Properties Trust by providing a creative financing solution,” said Steve Warden, president of CIT Healthcare.  
Share this article:

More in Products

Malnutrition remains issue

Identifying malnutrition in patients upon admission to a hospital is a low-cost way to improve patient outcomes and reduce readmissions, a new report says. Alleviating Hospital-Based Malnutrition: A Baseline Progress Report is an assessment of hospital-based malnutrition released in connection with the first anniversary of ...

Construction Specialties introduces wall and door protection

Construction Specialties introduces wall and door protection

Construction Specialties Inc. (C/S) has debuted a new line of wall and door protection, Acrovyn by Design and Acrovyn Doors by Design. The products embed high-resolution images and logos as ...

BioSensics launches ActivePERS fall detection

BioSensics launches ActivePERS fall detection

BioSensics has introduced ActivePERS, a personal emergency response and telemonitoring solution for seniors.