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Sample of Recently Completed Projects

September 2024

Initial ABL Examination of Wound Care Centers



$10 - $25 Million Proposed Loan Commitment

Quality of Earnings Examination of Skilled Nursing Facility



$25 - $50 Million Proposed Loan Commitment

Recurring ABL Examination of 50+ Skilled Nursing, Rehabilitation, and Pharmacy Entities

$25 - $50 Million Loan Commitment

Recurring ABL Examination of Medical Supplies Distributor



$100+ Million Loan Commitment

August 2024

Initial ABL Examination of Specialty Biopharmaceuticals Company

$75 - $100 Million Proposed Loan Commitment

Quality of Earnings and Initial ABL Examination of 4 Skilled Nursing Facilities


$75 - $100 Million Proposed Loan Commitment

Recurring ABL Examination of Healthcare Staffing Company


$75 - $100 Million Loan Commitment

Special Project for 20+ Senior Living Facilities

Cash Flow Projections, Disbursement Monitoring & Review of Intercompany Transactions

July 2024

Recurring ABL Examination of Laboratory Services



$5 - $10 Million Loan Commitment

Survey Monitoring of Skilled Nursing Facilities


Added New Lender to BY&S Survey Monitoring Product
(50+ Homes)

Recurring and Add-On ABL Examinations of 10+ Skilled Nursing Facilities


$10 - $25 Million Loan Commitment

Recurring ABL Examination of HUD / Non-HUD 100+ Skilled Nursing, Home Health, and Hospice Entities

$5 - $10 Million Loan Commitment

June 2024

Recurring ABL Examination of Digital Health Provider

$50 - $75 Million Loan Commitment

Initial ABL Examination of 5+ Senior Living Facilities

$10 - $25 Million Loan Commitment

Recurring Examination of Organic Farmer

$10 - $25 Million Loan Commitment

Recurring ABL Examination of Wholesale Distributor

$5 - $10 Million Loan Commitment

May 2024

Special Project
for Senior Living Communities

Internal Control Process Review

Recurring ABL Examination of Refinery

$200+ Million Loan Commitment

Special Project for Warehouse Lender

Evaluation of Lender Providing Healthcare Revolving Lines of Credits

Initial ABL Examination of 5+ Skilled Nursing Facilities

$25 - $50 Million Proposed Loan Commitment

April 2024

Special Project
for Medical Office Buildings

Quasi QofE, Rent Verifications, Sources of Funds, Analyze Cash and Financial Transactions

Special Project
for Hospital Chain and Medical Centers



$300M+ Loan Commitment Multi-Borrowing Base Update

Quality of Earnings and Initial ABL Examination of 10+ Skilled Nursing Facilities

$100+ Million Loan Commitment

Recurring ABL
Examination of
Transport Service Provider


$10 - $25 Million Loan Commitment

March 2024

Special Project
for Warehouse
Lender

Evaluation of Lender Providing Healthcare Revolving Lines of Credits

Special Project
for Skilled Nursing Facility


Review of Cash Compliance for Loan Amendment

Quality of Earnings Examination of 5+ Skilled Nursing Facilities

$25 - $50 Million Proposed Loan Commitment

Initial ABL
Examination of
20+ Hospitals
and Clinics

$50 - $75 Million Loan Commitment

February 2024

Special Project
for Specialty
Staffing



Collateral Evaluation for Private Equity Investor

Special Project
for Senior Living Facilities



Internal Control Process Review ("ICPR") Report

Initial ABL (A/R and Inventory) Examination of Specialty Pharmacy Company

$75 - $100 Million Proposed Loan Commitment

Initial ABL
Examination of
25+ Senior Living Facilities


$10 - $25 Million Proposed Loan Commitment

January 2024

Special Project for
10+ Senior Living Homes


Forensic Consultant, Review of Financial Transactions

Initial ABL Examination of Ophthalmology Centers


$10 - $25 Million Proposed Loan Commitment

Recurring ABL Examination of Home Health Care Provider


$10 - $25 Million Loan Commitment

Recurring ABL Examination of Diagnostic Services Provider

$50 - $75 Million Loan Commitment

December 2023

Recurring ABL Examination of Life Sciences Company



$5 - $10 Million Loan Commitment

Recurring ABL Examination of Pharmaceutical Company


$25 - $50 Million Loan Commitment

Quality of Earnings and Initial ABL Examination of 10 Skilled Nursing Facilities

$100+ Million Loan Commitment

Loan Monitoring - 10+ Skilled Nursing Facilities


Monthly Monitoring Report for Lender - A/R, Census,
Surveys, Cash

November 2023

Recurring ABL Examination of Therapy Provider



$10 - $25 Million Loan Commitment

Recurring ABL Examination of
Staffing Company



$250+ Million Loan Commitment

Limited Scope Initial Acquisition ABL Examination of 6 Skilled Nursing Facilities

$5 - $10 Million Loan Commitment

BBC Preparation of
10+ Hospitals




Monthly BBC Preparation for Lender

October 2023

Recurring ABL Examination of Medical Device Company


$100+ Million Loan Commitment

Initial ABL (A/R and Inventory) Examination of Specialty Pharmacy Company


$25 - $50 Million Loan Commitment

Quality of Earnings and Initial ABL Examination of a Skilled Nursing Facility

$5 - $10 Million Loan Commitment

Special Project for 20+ Senior Living
Properties



Forensic Review of Sources and Uses of Funds

September 2023

Quality of Earnings Examination of Skilled Nursing Facility

$10 - $25 Million Loan Commitment

Recurring ABL Examination of Medical Device Company

$25 - $50 Million Loan Commitment

Initial ABL Examination of Hospital Chain

$100+ Million Loan Commitment

Special Project - Assisted Living Facilities


Assist receiver in analyzing cash activity for over 50 facilities

August 2023

Recurring ABL Examination of Dialysis Company

$5 - $10 Million Loan Commitment

Initial ABL Examination of Skilled Nursing Facilities

$25 - $50 Million Loan Commitment

Recurring ABL Examination of Hospital Chain

$50 - $75 Million Loan Commitment

Monitoring Project - Skilled Nursing Facilities

Prepare monthly borrowing base and reporting package for 10+ facilities

July 2023

Recurring ABL Examination of Pharmaceutical Manufacturer

$10 - $25 Million Loan Commitment

Initial ABL Examination of Home Health Company


$5 - $10 Million Loan Commitment

Quality of Earnings of 5 Assisted Living Facilities


$25 - $50 Million Loan Commitment

Product Launch - Underwriting Survey Reporting

Allows lender full visibility into BY&S survey reporting for any prospective SNF borrower(s)

June 2023

Initial ABL Examination of Provider of Vascular Services

$25 - $50 Million Loan Commitment

Recurring ABL Examination of 10+ Skilled Nursing Facilities

$5 - $10 Million Loan Commitment

Recurring ABL Examination of Hospital


$10 - $25 Million Loan Commitment

Weekly and Monthly Borrowing Base Preparation for Multiple Lenders


Multiple Borrowers

May 2023

Quality of Earnings Examination of Skilled Nursing Facilities


$50 - $75 Million Loan Commitment

Initial ABL Examination of Lab Services Company


$5 - $10 Million Loan Commitment

Recurring ABL Examination of Diagnostic Services Company

$50 - $75 Million Loan Commitment

Special Project - Skilled Nursing Facilities



Monitor Cash Activity and Lockbox Compliance

April 2023

Recurring ABL Examination of Therapy Provider


$50 - $75 Million Loan Commitment

Initial ABL Examination of Behavioral Health Company

$10 - $25 Million Loan Commitment

Quality of Earnings & ABL Examination of 5 Skilled Nursing Facilities

$50 - $75 Million Loan Commitment

Special Project - Pharmaceutical Company

Support Lender with Reporting for Impending Borrower Bankruptcy

March 2023

Recurring ABL Examination of Long Term Acute Care Hospitals

$10 - $25 Million Loan Commitment

Quality of Earnings & ABL Examination of 6 Skilled Nursing Facilities

$50 - $75 Million Loan Commitment

Special Project - Examination of Healthcare Lender

Exam of Healthcare Lender on Behalf of Senior Lender

Survey Monitoring of Skilled Nursing Facilities

Multiple Clients - Over 1,200 Facilities on the BY&S Survey Monitoring Software

February 2023

Quality of Earnings Examination for Cash Flow Loan to Behavioral Health Company

$25 - $50 Million Loan Commitment

Initial ABL Examination of Hospital



$10 - $25 Million Loan Commitment

Recurring ABL Examination of 40+ Skilled Nursing Facilities


$10 - $25 Million Loan Commitment

Special Project - Assisted Living Operator



Internal Control Process Review

January 2023

Recurring ABL Examination of Pharmaceutical Company

$75 - $100 Million Loan Commitment

Initial ABL Examination of 20 Skilled Nursing Facilities

$10 - $25 Million Loan Commitment

Quality of Earnings & ABL Examination of 3 Skilled Nursing Facilities

$25 - $50 Million Loan Commitment

Special Project - Home Health


Cash Monitoring, A/R Reporting & Creation of Borrowing Base from Limited Reporting

December 2022

Recurring ABL Examination of Behavioral Health Facilities

$5 - $10 Million Loan Commitment

Quality of Earnings & ABL Examination of 2 Skilled Nursing Facilities

$15 - $25 Million Loan Commitment

CMS Clinical Survey Monitoring of Skilled Nursing Facilities



50+ SNFs

Borrowing Base Template Update for Lender



Multiple Borrowers

November 2022

Initial ABL Examination of Therapy Company

$15 - $25 Million Loan Commitment

Quality of Earnings Examination of an Assisted Living Facility

$15 - $25 Million Loan Commitment

Special Project - EBITDAR Analysis of Skilled Nursing Facilities

20+ SNFs

Survey Analysis to Support Acquisition of Skilled Nursing Facilities

15+ SNFs

October 2022

Recurring ABL Examination of Pharmaceutical Manufacturer

$25 - $50 Million Loan Commitment

Initial ABL Examination of 12 Skilled Nursing Facilities

$10 - $15 Million Loan Commitment

Quality of Earnings Examination for Acquisition of 6 Skilled Nursing Facilities

$100+ Million Loan Commitment

Special Project - Home Health Reporting



Creation of Agings and Cash Reporting for Lender

September 2022

Initial ABL Examination Skilled Nursing Facilities (HUD & Non-HUD)

$25 - $50 Million Loan Commitment

Recurring ABL Examination of Multi-State Pharmacy with Inventory

$50 - $75 Million Loan Commitment

Quality of Earnings Examination for 15+ Skilled Nursing Facilities

$75 - $100 Million Loan Commitment

Weekly and Monthly Borrowing Base Preparation for Multiple Lenders


Multiple Borrowers

August 2022

Recurring ABL Examination of LTACs and Skilled Nursing Facilities

$100+ Million Loan Commitment

Initial ABL Examination of Standalone Urgent Care Clinics

$5 - $10 Million Loan Commitment

Recurring ABL Examination of Diabetes Supply with Inventory

$25 - $50 Million Loan Commitment

Monthly Provider Tax Monitoring for Skilled Nursing Facilities

Multiple Clients - Monitoring Over 150 Facilities

July 2022

Recurring ABL Examination of Multiple Hospitals



$50 - $75 Million Loan Commitment

Quality of Earnings & ABL Examination of Single Skilled Nursing Facility


$5 - $10 Million Loan Commitment

Initial ABL Examination of 20+ Skilled Nursing Facilities (HUD & Non-HUD)

$25 - $50 Million Loan Commitment

Annual Quality of Earnings Review for Multiple Skilled Nursing Operators

Varying Loan
Commitments

June 2022

Recurring ABL Examination of a Pharmaceutical Supplier

$10 - $25 Million Loan Commitment

Quality of Earnings Examination of Skilled Nursing Facilities


$200+ Million Loan Commitment

Recurring ABL Examination of Ambulance Company


$5 - $10 Million Loan Commitment

Loan Workout Services for Skilled Nursing Facilities

$5 - $10 Million Loan Commitment

May 2022

Quality of Earnings and Initial ABL Examination of Nurse Staffing Company

$25 - $50 Million Loan Commitment

Initial ABL Examination of 50 Skilled Nursing Facilities

$75 - $100 Million Loan Commitment

Recurring ABL Examination of Long Term Acute Care Hospitals

$75 - $100 Million Loan Commitment

CMS Clinical Survey Monitoring of Skilled Nursing Facilities


300+ Facilities

April 2022

Recurring ABL Examination of Hospital

$10 - $15 Million Loan Commitment

Recurring ABL Examination of 25 Skilled Nursing Facilities

$25 - $50 Million Loan Commitment

Quality of Earnings Examination of a Skilled Nursing Facility

$10 - $15 Million Loan Commitment

Borrowing Base Template Update for Lender


Multiple Borrowers

March 2022

Initial ABL Examination of a Staffing Agency

$50 - $75 Million Loan Commitment

Quality of Earnings Examination of a Laboratory Services Company

$25 - $50 Million Loan Commitment

Initial ABL Examination of 30 Skilled Nursing Facilities

$50 - $75 Million Loan Commitment

Initial ABL Examination of a Pharmaceutical Supplier

$1 - $10 Million Loan Commitment

February 2022

Quality of Earnings Examination of Skilled Nursing Facilities

$100+ Million Loan Commitment

Recurring ABL Examination of a Home Health Company

$10 - $25 Million Loan Commitment

Initial ABL Examination of 30 Skilled Nursing Facilities

$10 - $25 Million Loan Commitment

Borrowing Base Template Update for Lender

Multiple Borrowers

January 2022

Recurring ABL Examination of Skilled Nursing Facilities

$25 - $50 Million Loan Commitment

Initial ABL Examination of a Hospital

$1 - $10 Million Loan Commitment

Quality of Earnings Examination of a Laboratory Services Company

$25 - $50 Million Loan Commitment

CMS Clinical Survey Monitoring of Skilled Nursing Facilities


400 + Facilities