Association News

H-PACE Financing Roundtable Discussion Is April 20

GreenRock Healthcare Capital is partnering with HASC to provide membership access to a valuable workshop event on how your organization can better position itself with H-PACE to generate additional capital for capital strategy.

HASC recognizes that, after a particularly challenging year for our hospitals, finding enough cash and debt resources can be one of the biggest challenges institutions face. And for most hospitals, the second largest cash outflow item, after payroll, is capital spending.

HASC is excited to provide this content from trusted resources, with exclusive access to GreenRock Principals Mitch Creem and Joe Euphrat. They will facilitate a discussion about current capital constraints in the market and the availability of H-PACE financing as a potential new source of funds to help hospitals manage their short and long-term capital programs. H-PACE can also be used to reimburse your hospital for prior qualifying expenditures, with the potential to generate significant amounts of cash for any working capital needs.

The roundtable will cover:

  • Creating more available cash for operating needs from H-PACE Reimbursement
  • Funding annual capital budget needs and capital lease alternatives
  • Catching up on deferred building maintenance and renovation projects
  • Construction and equipment funds for seismic remediation projects
  • Tenant improvement funds for third-party-owned real estate that will lower occupancy costs

This free webinar will be held from 1 – 2:00 p.m. on April 20, 2022. Space is limited. Click here to register.

For more information and to register, contact Darryl Sanford at dsanford@hasc.org.