Gemino Healthcare Finance

PHILADELPHIA - July X, 2008 - Gemino Healthcare Finance has provided $8 million in financing to Clarient, Inc. Clarient, headquartered in Aliso Viejo, California, is a leading provider of cancer diagnostic testing serving pathologists, oncologists and the pharmaceutical industry.

Gemino Healthcare Finance announced that Mark Buren has joined the company as a business development officer, responsible for loan origination in the Mid-Atlantic region. He will be based in Baltimore.

Mark O’Brien, vice president of sales and marketing, said, “We are very pleased to welcome Mark Buren to the Gemino team. His extensive lending experience and knowledge of the Mid-Atlantic market will be invaluable as we continue to execute Gemino’s growth strategy in the healthcare lending industry.”

Gemino Healthcare Finance has provided funds for Alden Healthcare and Senior living totaling $7.5 million.

Gemino Healthcare Finance has provided a $2 million revolving line of credit to home healthcare provider SupportCare, Inc. SupportCare will use the credit facility to support their post-closing working capital needs.

    Gemino Healthcare Finance recently provided credit facilities totaling $7 million to SunCrest Healthcare Inc., for recapitalization of the company and to help fund the acquisition of HomeChoice Health Services, Inc. a Medicare-certified home health agency with 5 locations in Tennessee and Mississippi.
    Other partners included existing investor Prudent Capital (www.prudentcapital.com), which provided $2 million in preferred equity and $5 million in subordinated debt, and Fulcrum Ventures (www.fulcrumvp.com) which provided $2.35 million in preferred equity.

Sponsor:  Home Care 100 Executive Management Conference
February 10 – 12, 2008
Fairmont Scottsdale
Princess Resort, AZ
http://www.homecare100.com/

The 2008 NIC Western Regional Symposium
March 5-6, 2008
Red Rock Resort
Las Vegas, NV
www.nic.org

Gemino Healthcare Finance was an Executive Level Sponsor at the inaugural HCap Conference held November 14 -16, 2007 at the Mandarin Oriental in Washington, D.C.

Gemino Healthcare Finance opened offices in Dallas and Los Angeles in the third quarter of 2007.

Gemino Healthcare Finance is a specialty healthcare lender that is focused solely on providing financing to healthcare service providers throughout the U.S. Its target market includes all healthcare services segments with typical needs ranging from 500,000 to more than $10,000,000 in the form of revolving lines of credit, secured
term loans, unsecured term loans and real estate financing.

Founded

February 2007

Capitalization

Gemino Healthcare Finance is a specialty healthcare lender that is focused solely on providing financing to healthcare service providers throughout the U.S. Its credit facilities range from $500,000 to more than $10,000,000 in the form of revolving lines of credit, secured term loans, unsecured term loans and real estate financing.