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Survey Examination of a Physician Practice

A small pediatric medical provider was borrowing from a specialty healthcare lending group and was being overwhelmed with audit time and fees.  A lender engaged Durkin Group to perform a due diligence exam on a $2.5 million senior secured credit facility.  The Durkin examiner finished the due diligence in significantly less time than the current lender spent on a typical monitoring exam.  The company contacted the lender to express their relief at the timing of the engagement and noted that the report accurately represented the company’s operating performance.

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