What is Healthcare Finance?

If you are new to healthcare finance, here is a quick explanation of what healthcare finance is and how it works.

At Optimum, we look at Healthcare Finance in two categories as below:

Primary Healthcare Sector
Qualified Professionals in the Healthcare Sector including GP’s (General Practitioners), Dentists, Pharmacists, Vets, Opticians, Chiropractors, Osteopaths, etc. All these professions take long periods of study to qualify and gain experience in. In addition, being self employed, all the practitioners will require finance from time to time either to buy into a practice, buy property or another business.
The majority of the opportunities would seem to be in the Dental and Pharmacy Sectors where clients want to grow their business. Loans can be structured over long periods up to a maximum term of 25 years.

Care Home Sector
This is a sector where care is provided within adapted or purpose-built properties and provides care for elderly residents, nursing clients, people with dementia or Learning or Mental Health issues. Finance is needed to enable these businesses to be bought with loans that can be repaid over a long period of time from available profits, e.g. 15, 20 or 25 years (usually for purpose built properties).