GE Capital is Administrative Agent on $65 Million Senior Credit Facility for National Hospice Holdings

  GE Capital is Administrative Agent on $65 Million Senior Credit Facility for
  National Hospice Holdings

Business Wire

BETHESDA, Md. -- December 17, 2012

GE Capital, Healthcare Financial Services announced today that it is serving
as administrative agent on a $65 million senior secured credit facility for
National Hospice Holdings, LLC doing business as Life Choice Hospice. The
financing supports Life Choice’s acquisition of SolAmor Hospice Corporation
from Genesis HealthCare, LLC. GE Capital Markets served as sole lead arranger
and bookrunner on the facility.

Life Choice Hospice is a privately owned and operated hospice organization
headquartered in Dresher, PA. The company offers comprehensive services
including case management, pain management, palliative care, personal care,
counseling, spiritual care and emotional support. With the acquisition of
SolAmor Hospice, the organization will provide hospice services from 29
offices across 12 states.

“GE Capital, Healthcare Financial Services has a strong track record in
lending to the hospice sector. They thoroughly understood our goals and
promptly provided financing tailored to match,” said David Glick, president
and CDO of Life Choice Hospice. “Working with a flexible lender who could
execute quickly was critical to meeting our growth objectives.”

“We provide financing solutions optimal to our customer’s business
objectives,” said David Varhol, managing director of Corporate Finance at GE
Capital, Healthcare Financial Services. “We’re pleased to support Life
Choices’ ongoing growth in the hospice sector.”

About GE Capital, Healthcare Financial Services

With in-depth industry knowledge and expertise, GE Capital, Healthcare
Financial Services has provided more than $60 billion in financing over ten
years to companies in over 45 healthcare sectors including senior housing,
hospitals, medical offices, outpatient services, pharmaceuticals and medical
devices. Our team of professionals creates business and financial solutions
tailored to meet the individual needs of our customers. For more information,

GE Capital offers consumers and businesses around the globe an array of
financial products and services. For more information, visit
or follow company news via Twitter (@GECapital or @GELendLease). GE (NYSE: GE)
works on things that matter. The best people and the best technologies taking
on the toughest challenges. Finding solutions in energy, health and home,
transportation and finance. For more information, visit the company's website


GE Capital, Americas
Ned Reynolds, 203-229-5717
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