Market Overview

White Oak Healthcare Finance Closes $20 Million Financing For Fox Rehabilitation


White Oak Healthcare Finance, LLC ("White Oak"), today announced it
acted as sole lender and administrative agent on the funding of a $20
million asset based senior credit facility for Fox Rehabilitation, Inc.
("Fox"). The funds were primarily used to refinance existing
indebtedness and support continued growth.

Fox provides physical, occupational and speech therapy services to help
geriatric patients regain a better quality of life. "We are excited to
partner with a practice that is so highly focused on clinical outcomes.
By investing in people and processes, Fox has demonstrated the unique
ability to maintain continuity of care while expanding throughout the
country," said Ross Eldridge, Managing Director at White Oak.

Founded in 1998, Fox provides rehabilitation services in patients'
homes, assisted living communities, and adult day care centers. The
practice's founder and CEO, Dr. Timothy Fox, is a Board Certified
Geriatric Clinical Specialist Emeritus, Physical Therapist and a thought
leader in programs and protocols for geriatric care. Today, Fox employs
over 1,000 salaried clinicians, serving 16 states in the United States.

"With the White Oak facility, we are confident in our ability to
continue to invest in our people, believe in the strength of our people
and give them the tools they need to succeed. Our three-year plan will
focus on investment in technology and process to increase efficiency.
The capital will allow us to bring our clinically excellent care and
outcomes to more states throughout the US in order for us to help older
adults achieve what they once thought impossible – optimal function,"
said Dr. Tim Fox.  

"White Oak Healthcare Finance demonstrated a clear understanding of our
business. We value the team's consistent communication, speed of
execution and the great relationship we have," added Dr. Fox.  

About Fox Rehabilitation

Fox is a clinician owned and operated professional private practice of
physical therapists, occupational therapists, and speech pathologists,
built on the foundation of Geriatric House Calls™. The practice has
always stayed true to its mission of rehabilitating lives by believing
in the strength of people. Clinicians are given the autonomy to provide
excellent clinical care through evidence-based interventions and best
practice guidelines. For more information, visit

About White Oak Healthcare Finance

White Oak Healthcare Finance, LLC ("WOHCF"), an affiliate of White Oak
Global Advisors, LLC is a lender to all subsectors within the healthcare
industry including healthcare services, pharma and life sciences,
medical devices, healthcare technology, healthcare real estate,
hospitals and SNFs. WOHCF has deep domain expertise with a sole focus on
healthcare which enables it to provide flexible and creative solutions
with certainty of execution.

About White Oak Global Advisors

White Oak Global Advisors, LLC is a leading global alternative asset
manager specializing in originating and providing financing solutions to
facilitate the growth, refinancing and recapitalization of small and
medium enterprises. Since its inception in 2007, White Oak Global
Advisors' disciplined investment process focuses on delivering
risk-adjusted investment returns and establishing long term partnerships
with our borrowers. More information can be found at

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