Not-for-profit and for-profit academic medical centers, healthcare systems, hospitals, behavioral health organizations, long-term care, and other healthcare providers are often looking for capital funding to maintain and grow their market share and services.
We understand the challenges that organizations face, balancing capital needs with debt capacity. Serving as your financial advisor and/or independent registered municipal advisor (“IRMA”), our professionals focus on achieving and implementing the optimal capital strategy within the context of your long-term goals and market conditions.
As advisors, we assess your company’s risk tolerance and help position your organizations’ credit favorably to structure transactions for maximum operating flexibility. Throughout, our bankers are engaged and hands-on, driving the transaction process forward.
Our team of bankers is well-versed across the credit spectrum and with a variety of financial products and transaction sizes. Our bankers’ previous experience includes serving as financial advisors for:
- ~$5 billion taxable and tax-exempt, public and private debt for an academic medical center with $13.9 billion of revenue in the Midwest through several issuances
- ~$2.2 billion taxable and tax-exempt, public and private debt for an academic medical center with $5.7 billion of revenue in the Northeast through several issuances
- ~$2.1 billion tax-exempt and taxable public and private debt for a health system with $3.1 billion of revenue in the Mid-Atlantic through several issuances
- ~$700 million tax-exempt bond issue for a replacement hospital facility for a health system with $2 billion of revenue in the Midwest
- ~$250 million tax-exempt private bank debt for a health system with $2 billion of revenue in the Midwest
- ~$300 million tax-exempt bond issue for a health system with $2.2 billion of revenue in the Northeast
- ~$118 million tax-exempt bond issue for a children’s hospital with $215 million of revenue in the South
- ~$45 million tax-exempt bond issue for a rehabilitation hospital with $118 million of revenue in the Mid-Atlantic
Matrix Healthcare Group:
Vasanta B. Pundarika
Head of Healthcare Investment Banking, Managing Director vpundarika@matrixcmg.com (667) 217-3316Team Member Bio
Vasanta B. Pundarika
Head of Healthcare Investment Banking, Managing Director vpundarika@matrixcmg.com (667) 217-3316
Vasanta is Head of the Healthcare Investment Banking Group. She is responsible for new client development and managing all aspects of client transactions. She advises not-for-profit and for-profit healthcare clients on mergers and acquisitions, valuations, tax-exempt and taxable financings, and strategic advisory, including strategic options and strategic capital planning.
Vasanta has specific expertise with health systems, behavioral health, telemedicine, and ancillary healthcare services. Prior to joining Matrix, she was instrumental in successfully advising on numerous transactions, including serving as M&A advisor on the sale of Achieve TMS, financial advisor on multiple debt issuances by Mayo Clinic, M&A advisor on the acquisition and joint venture of Saint Louis University Hospital, financial advisor on the funding of the replacement hospital project by Essentia Health, M&A advisor on the sale of Glens Falls Hospital’s dialysis business, and financial advisor on multiple debt issuances by WVU Medicine, among many others.
Vasanta has spent her whole career working as an investment banker in the healthcare industry. She was previously a Director in Raymond James’ Healthcare Finance Group, which she joined upon the acquisition of Morgan Keegan, and the acquisition of Shattuck Hammond Partners prior to that.
Vasanta graduated with Honors from Princeton University, where she received an A.B. degree in Anthropology. She is also qualified as a FINRA General Securities Representative (Series 7), General Securities Principal (Series 24), Municipal Advisor Representative (Series 50), Municipal Advisor Principal (Series 54), Uniform Securities Agent (Series 63), and Investment Banking Representative (Series 79). She is currently a member of Chief (a network of executive women leaders), the Association for Corporate Growth (ACG) New York, and the Healthcare Financial Management Association (HFMA). She also serves on the Board of Directors for Sakhi for South Asian Women.
Team Member Bio
Casey is a member of the Healthcare Investment Banking Group and is responsible for new client development and co-managing all aspects of client transactions. She advises not-for-profit and for-profit healthcare clients on mergers and acquisitions, valuations, tax-exempt and taxable financings, and strategic advisory, including strategic options and strategic capital planning.
She has spent her entire career working as an investment banker in the healthcare industry. Prior to joining Matrix in 2020, Casey was a Vice President with Edgemont Partners where she provided M&A advisory services to healthcare clients. Casey also previously served as a Vice President in Raymond James’ Healthcare Finance Group. She serves as Co-Chair of the Leadership Council of the Lung Cancer Research Foundation.
Casey graduated from Princeton University, where she received an A.B. degree in Economics and a Certificate in Finance. She is also qualified as a FINRA Municipal Advisor Representative (Series 50), Uniform Securities Agent (Series 63) and Investment Banking Representative (Series 79).
Team Member Bio
Barrett is a member of the Healthcare Investment Banking Group. He is responsible for conducting financial and industry research, creating valuation and financial models, as well as providing overall analytical and transactional support on healthcare engagements, including mergers and acquisitions, tax-exempt and taxable financings, and strategic advisory engagements.
Barrett graduated from Johns Hopkins University, where he received an M.S. degree in Finance with a concentration in Econometrics, was inducted into the Beta Gamma Sigma academic honor society and was on the Varsity Baseball Team. Prior to pursuing his masters, Barrett graduated from the Robert H. Smith School of Business, University of Maryland Honors College with a B.S. degree in Finance, was a 2018 Academic All-Big Ten Honoree, and was on the Varsity Baseball Team. He is also currently qualified as a FINRA Uniform Securities Agent (Series 63) and Investment Banking Representative (Series 79).