Providing Specialized Financial Solutions For Healthcare Practices

As a healthcare professional, the success of your practice starts with the quality of care you give your patients. How you manage your practice finances is also critical to your success. The Citi® Commercial Bank Healthcare Practice Finance Group offers the services of a team of dedicated healthcare industry bankers who specialize in providing the kind of financial guidance and support that physicians, dentists and veterinarians need.


Our Healthcare Bankers Provide Solutions For...

  • Acquiring or establishing a practice
  • Full or partial practice sales, purchases, and mergers
  • Purchases of new or used equipment
  • Lines of credit / working capital
  • Refinancing of existing practice debts
  • Deposit and treasury management
  • Medical lockbox services and collections cycle management
  • Complete derivatives capabilities including: tailored swaps, caps, collars, treasury locks, and structured strategies

The Healthcare Practice Finance Group combines Citi’s 200-year banking expertise with specialized industry knowledge to provide responsible, competitive, and effective finance solutions for healthcare practices of varied sizes. Whether you are a local single-doctor office or a large scale multi-location Group Practice, DSO or MSO operation, our Relationship Managers are trained to handle mid- to large-size practices. To learn more, contact us today.


Why Choose Citi?

Industry Insights

We understand the ever-changing environment in which practices operate and can serve as your dependable banking advisor through all of your business decisions.

Click here to read our most recent article on how we help DSOs and Emerging Group Practices grow.

Dedicated Focus

Because we focus only on the healthcare industry, we stay current on the latest trends, best practices, regulations, and innovative solutions, acting as a dedicated thought partner.

Comprehensive Solutions

We cover the practice, the practitioner, and the practitioner’s employees – whether you are a dentist, doctor or veterinarian with one location or several.


What We Offer

financing

Financing

Varied Structures: Now, more than ever, businesses need capital. We offer a wide range of loan structures that not only help your business keep operating, but also help it to innovate and expand

Flexible Options: From short-term revolving credit facilities and working capital financing, to medium-term loans and structured financing - the tenor, currency and other terms and conditions of various loan types can be customized in line with your business' particular requirements

Experienced Relationship Managers: Our knowledgeable and experienced Relationship Managers will assist you throughout the entire lending process - from introducing financing options, tailoring them to the specific needs of your business, and guiding you through the application process

efficiency

Efficiency

ACH Services: Automate and control payment clearance with greater efficiency

Account Reconciliation Services (ARP): Reconcile checks with detailed paper or CD-ROM reports

Lockbox: Accelerate and centralize collections with Citi’s nationwide lockbox network

security

Security

CitiBusiness Online Token Access: Authenticate online transactions using our multi-factor authentication technology

ACH Debit Blocks and Filters: Prevent fraudulent debits to your account by blocking all ACH debits (blocks) or allowing only those you designate (filters)

Positive Pay: Reduce check fraud risk when using this account reconciliation feature. Automatically compare checks received for payment against checks issued

flexibility

Flexibility

Wire Transfers:Transfer funds in over 100 currencies CitiBusiness® Payroll Manager: Manage all aspects of your business’ payroll process including employee payroll, with direct deposit available, and tax filing and reporting. Employees can access their pay statements and tax forms from a dedicated payroll portal

Payroll Services: Manage all aspects of your business’ payroll process including employee payroll, with direct deposit available, and tax filing and reporting. Employees can access their pay statements and tax forms from a dedicated payroll portal

convenience

Convenience

CitiBusiness® Online: Citi Commercial Bank’s online banking platform provides access to accounts, transactions and cash management solutions on a 24/7 basis

Remote Check Deposit: Save valuable time by scanning and submitting checks securely and conveniently from your business desktop, up to 8:00PM local time for same-day processing

Citi® Tablet App, Citi Mobile® and Citi® Text Banking: Services included with your CitiBusiness checking account, so you can access your account, deposit checks, pay bills, transfer funds and manage your CitiBusiness credit card accounts anytime and anywhere

How We Have Helped Businesses Like Yours

Commercial Real Estate
Ft. Lauderdale, FL
$2,000,000

A 10-Year Term Loan helped our growing client expand their practice office space

Medical Office Purchase
Queens, NY
$17,000,000

When our client needed to expand, Citi provided permanent financing for a medical office building containing over 20 individual practice condos

Equipment Purchase
New York, NY
$4,250,000

To obtain equipment for an expanding practice, our client utilized a 10-Year Term Loan

Dual-Practice Acquisition
Washington, DC
$1,458,000

To increase the size of the existing dental practice, a client acquired two separate practices using a 10-Year Term Loan

Veterinary Practice Refinance
Reston, VA
$3,850,000

Real-estate and practice debt reduced operating expenses, allowing for reinvestment

Practice Acquisition
Irvine, CA
$700,000

A 10-Year Term Loan helped our client acquire their practice from a retiring owner

Interested? Contact us

Privacy Consent & Acknowledgement

By providing us with your contact information, you explicitly accept and acknowledge that:

(i) Citi will collect, use, share and transfer your information as described in the Citi Commercial Bank Website Privacy Policy; and you agree to be bound by the Citi Commercial Bank Website Privacy Policy;

(ii) you are providing the information to Citi on this site for the purposes of receiving additional information from Citi, to be contacted by a CCB Relationship Manager;

(iii) the information you will provide will be stored and processed in the United States of America, under U.S. law, and may be released to the appropriate Citi representative in your country(as indicated in the contact information you provide to us) or in a third country in which we operate in order to enable Citi to contact you in response to your request.

In completing the form, please be careful to NOT include any personal information about yourself or any others involved in the business, or any nonpublic information about the business, such as account numbers or titles or other details that pertain to your business.








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