Author Bio

Kyle Hemminger

Kyle is a vice president based out of the firm’s office in Columbus, Ohio. He is the lead health care banker for clients in Western and Northern Texas, including the cities of Amarillo, Austin, El Paso and Dallas/Fort Worth. Prior to joining Lancaster Pollard, Kyle served as an armor officer in the U.S. Army. He is a graduate of the United States Military Academy at West Point and the Fisher College of Business at The Ohio State University.

More by this author

Tax Reform and its Impact on Health Care and Senior Living Finance

1/8/2018 Tax reform had a wild ride in 2017. Reform advocates were bullish as the year began, citing one-party control of Washington, a president willing to take risks, and a speaker of the house with a detailed plan as reasons why a package would pass by March. By mid-year, following multiple failed attempts to repeal Obamacare and a litany of oxygen-sucking scandals, tax reform passing in 2017 suddenly seemed far-fetched. That outlook changed again, however, as the year ended with a mad dash by the GOP to notch a legislative win. The result was a comprehensive tax reform bill on the president’s desk by Christmas. Below, we take a look at key provisions in the bill and detail how seniors housing and health care providers looking for capital financing in 2018 can be prepared for the impending changes. Read More

Memory Care Development: Market Update and Financing Options

12/9/2017 Every 66 seconds, someone in the U.S. is diagnosed with dementia, the most common form being Alzheimer’s disease. As of July 1, 2017, there were an estimated 5.5 million Americans living with the disease according to the National Investment Center for Seniors Housing & Care (NIC)Read More

Agency Options for Hospital Finance Better than Ever

6/9/2016 Today is a good day to be an issuer in the bond market. With paltry returns available through government bonds and investment-grade paper, fixed income investors are reaching for yield and aggressively bidding for nearly all non-investment grade municipal bond credits, including hospitals. However, not all hospitals are a good fit for tax-exempt bonds. Restrictive covenants, transaction and borrower size, and cost of the issuance are a few factors that may make a public bond issue unfeasible. Read More

Rating Agencies Update: Overall Outlook Improves, Gains Concentrated at the Top

10/11/2015 Finally, we have some winners. After years of gloom over stagnant volume growth amid uncertainty over the Affordable Care Act (ACA) and challenging economic forces, the outlook is brighter for many health care providers. The consensus theme of the three largest credit rating agencies (CRAs) is that the rich got richer, while weaker providers continue to struggle adapting to technological and market dynamics. Read More

Off the Sidelines: Nonprofit Acquisition Activity Heats Up

4/14/2015 For-profit senior living acquisitions have dominated headlines over the past few years, riding a robust wave of private capital and low borrowing costs. Recent activity, however, indicates that nonprofit organizations have not been merely sitting on the sidelines. Read More

New Development: What's Coming Down the Pipeline and How To Finance it

12/9/2012 Limited in recent years by a domestic recession, capital for new development and expansion/renovation projects has been tight in the senior living sector. Changes in lending and reimbursement have only compounded the credit crunch. Despite these uncertainties, there are some attractive financing opportunities for new development, renovation and expansion. Read More

The Capital Issue: December 2014-January 2015

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