First Citizens Bank Provides $24 Million for Acquisition of PAM Rehabilitation Hospital in Tulsa, Oklahoma

Group 1 - First Citizens Bank's Healthcare Finance business provided $24 million to finance the acquisition of PAM Rehabilitation Hospital of Tulsa, a 53-bed facility [2][3] - The hospital, totaling 60,932 square feet, is leased to and operated by PAM Health, which is the third largest operator of long-term acute care hospitals and inpatient rehabilitation facilities in the U.S. with 63 facilities across 17 states [6] - Rance Sanders, President and CEO of The Sanders Trust, expressed satisfaction with First Citizens Healthcare Finance's ability to arrange a solid financial package, highlighting the importance of their banking relationship [4][7] Group 2 - First Citizens Bank offers a range of financial services, including commercial banking and healthcare finance, with over 500 branches across 30 states and more than $200 billion in assets [5] - The Healthcare Finance division focuses on providing tailored financial solutions to middle market healthcare companies, emphasizing a client-focused and industry-centric model [4]