Jackson Walker represented Healthcare Finance Direct (“HFD”) in the successful closing of a forward-flow credit fund with aggregate equity and debt commitments of up to $500 million.
The primary purpose of the facility is to finance the purchase of certain healthcare receivables, enabling HFD to enhance their financial operations within the healthcare sector. This strategic move is expected to provide substantial growth opportunities and strengthen their market position.
“With the support of Jackson Walker, we are one step closer to providing a plan for every patient,” said Tyler Johnson, Chief Executive Officer of HFD. “Capital markets are noticing a shift in healthcare financing. It is clear that approving virtually every patient for financing is sustainable for patients, healthcare providers, and capital partners.”
The Jackson Walker team was led by Patrick H. Rose, IV and included Kathryn Nordick, Steven W. Day, J. Machir Stull, Jennifer F. Wertz, Brian Dethrow, Lisa Peterson, Rachel Saunders, Mica Beckmann-White, and Will Farmer.
Meet JW
Since Jackson Walker’s founding in 1887, our attorneys have represented some of the most influential companies and business leaders in the world. Today, we remain firmly rooted in Texas while serving clients around the globe. With more than 500 attorneys across six offices, we are the largest firm in the state and have been recognized by Law360 as a “Texas Powerhouse” and an “elite law firm” that regularly provides counsel to industry-leading clients on highly complex transactions ranging from millions to billions. To explore the firm’s experience in mergers, acquisitions, dispositions, joint ventures, and other strategic alliances, visit the Corporate & Securities practice page.
About HFD
Based in Dallas, Texas, HFD is an innovative fintech platform that empowers healthcare providers to offer flexible and inclusive pay-over-time options to virtually every patient, regardless of their credit, making healthcare more accessible and affordable. Since 2009, HFD has facilitated more than $2 billion in treatment to over 1 million patients. HFD has partnered with some of the nation’s largest elective healthcare brands to serve the underserved.
