Facility

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Facility

A loan extended by a bank to a business in need of operating capital. This may take several forms, from a short-term loan to a line of credit. Different banks have different facility plans for their clients who own or run businesses. See also: Debt financing.
References in periodicals archive ?
The prudent skilled nursing facility operator should consider how the Stark Law affects his or her business and shouldseek appropriate professional legal and valuation assistance to (1) comply with the law, (2) take advantage of the protections available under the Stark safe-harbors and, (3) to have a fair and reasonable financial relationship with the physician.
Smithfield); Roger Williams Hospital Skilled Nursing Facility (Providence); Vanderbilt Rehabilitation Center (Newport)
Evercare serves more than 95,000 frail elderly, chronically ill and disabled individuals living at home, in a community setting or in a skilled nursing facility through a variety of Medicare, Medicaid and private-pay long-term care plans.
How costly was it for The Wartburg to add the new Waltemade skilled nursing facility and the outpatient medical center?
Hospital's skilled nursing facility will provide care for certain elderly patients.
During the three-day survey at the Beverly Healthcare-La Mesa skilled nursing facility in La Mesa, California, surveyors talked to frontline caregivers from every shift, notes Executive Director Barry Zarling, NHA.
In all, hospital officials say the senior complex will produce more than 300 health care jobs, 250 alone for the skilled nursing facility.
It can't rely on hospitals the way a skilled nursing facility can, and a broad referral base may even include skilled nursing facilities.
That meant designing separate entrances, so that those entering the assisted living building won't sense the proximity of the adjoined skilled nursing facility.
Two of these assisted living facilities share campuses with a Commonwealth skilled nursing facility.
Operating a skilled nursing facility with an AIDS unit presents many potential opportunities - and obstacles, as well.