CIT Group’s Healthcare Finance business served as lead arranger of $100 million in financing for Cornerstone Healthcare Group Holdings and their long-term acute care hospital division.
Based in Dallas and founded in 1990, Cornerstone Healthcare Group is a diversified healthcare company that manages a network of specialty hospitals, senior living communities, behavioral health facilities, and home health and hospice operations.
Cornerstone is the fifth largest long-term acute care hospital operator, with 17 specialty hospitals nationwide. Read more.
