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The Healthcare Division Quarterly Update is designed to bring you the insight you need to optimize your banking strategies today and in the future. Healthcare leaders rely on U.S. Bank for quality and customized solutions that meet their most important financing, operational and investment needs. At U.S. Bank, we offer a complete suite of products and services including credit, treasury management, capital markets, corporate payment services, investment management, corporate trust, institutional trust and custody and more.
Learn more: Healthcare Division
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Molina Healthcare
U.S. Bank Healthcare Division announced in February the closing of a $170 million senior credit facility for Long Beach, California-based Molina Healthcare. We served as sole lead arranger, sole bookrunner and administrative agent on this transaction. According to John Molina, chief financial officer of Molina Healthcare, “We choose U.S. Bank to lead our credit facility as a result of our excellent relationship and the specialized knowledge they brought to our organization.”
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Chris Kordes
20 years experience; focusing on healthcare since 1998
 Chris Kordes, senior vice president and head of Corporate For-Profit Healthcare, has over 20 years of financial services experience. Chris manages a team of U.S. Bank’s relationship managers specializing in the healthcare industry. With a portfolio consisting primarily of Fortune 1000 companies, Chris focuses on serving clients in managed care, medical devices, pharmaceutical, life science and other healthcare services. A four time Summit Award winner, Chris represents the exemplary sales leadership that clients can expect from U.S. Bank.
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HFMA Region11 Symposium
U.S. Bank Healthcare Division recently took part in the HFMA Region 11 Symposium. Dave Schinderle, senior vice president, led a panel discussion titled CFO Roundtable - How CFOs are Addressing Challenges in Healthcare Finance. “It was a well-attended session and our panel was enlightening,” said Dave. “It was a great opportunity for attendees to learn more about the current challenges facing our industry, and how some CFOs are tackling them.”
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In March 2012, Fortune Magazine once again named U.S. Bancorp #1
among Superregional Banks in their annual listing of the world’s most admired companies. This ranking is a testament to our employees, managing committee and directors - and to our valued clients who make it all possible.   |
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Please contact us to learn more or to discuss any financing needs:
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U.S. Bank Healthcare Division
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