Javlin Capital finalized a senior credit facility with LESS Institute.
Here are five things to know:
1. Javlin secured a $30 million senior credit facility with LESS Institute.
2. The new credit facility will help LESS Institute access significant capital and payer flexibility to continue expanding the surgeon network and service patients across the country.
3. Javlin invests primarily in real estate, consumer receivables, litigation finance and healthcare, deploying around $350 million since 2011.
4. Kingsley R. Chin, MD, is founder and CEO of LESS Institute, which is an outpatient orthopedic and spine surgery center. It was founded in 2009 and expanded from its original location in Florida to multiple states, including Texas and Ohio.
5. LESS Institute includes the Less Exposure Surgery approach, designed to decrease risk, discomfort and blood loss during procedures.