Borrower: Asante Health System is one of the largest health care provider in a nine-county region covering more than 36,800 square miles in Southern Oregon and Northern California. Asante operates two community hospitals, The Rogue Valley Medical Center in Medford and Three Rivers Community Hospital in Grants Pass, and provides outpatient medical care through a wide variety of community partnerships.
Amount of Loan: $30,000,000
Closed: December 28, 2011
Underwriter/Bank: Bank of America Merrill Lynch
Description of Loan: This Project was undertaken to assist Asante with the financing of capital expenditures associated with installation of an Electronic Health Records System through a tax-exempt lease with Bank of America Merrill Lynch.