ENT & Allergy Associates, along with its management services organization Hümi, announced on June 9 that J.P. Morgan has been chosen as its primary operating bank and lender.
The organizations said the new relationship is a significant step as they continue to expand their clinical operations, invest in technology, and enhance patient access initiatives across their physician-led healthcare network. ENT & Allergy Associates operates with more than 475 clinicians at nearly 80 locations and serves millions of patients annually.
Mary Paladino, Chief Financial Officer of ENT & Allergy Associates and Hümi, said, “Selecting J.P. Morgan as our primary operating bank and lead lender reflects both the scale of our organization today and our long-term strategic vision. As healthcare delivery continues to evolve, it is critical to work with institutions that understand complex, multi-site healthcare organizations and can support our continued investment in patient care, physician recruitment, technology, operational infrastructure, and long-term growth.”
J.P. Morgan will provide treasury management, cash management, strategic financing, and lending solutions to support operational expansion and infrastructure investments for the organizations. Liam Mass, Vice President of Healthcare Services at J.P. Morgan Commercial Banking, said: “ENT & Allergy Associates has developed a strong operational and clinical foundation across the markets it serves. We look forward to supporting the organization as it continues to invest in innovation, infrastructure, and expanded access to care.”
According to information provided by ENT & Allergy Associates (ENTA), it is the largest ear nose throat (ENT), allergy, and audiology network in the United States with over 475 clinicians practicing at more than 80 locations throughout New York, New Jersey, Pennsylvania, and Texas. ENTA offers comprehensive care including adult and pediatric ENT services along with allergy treatment.
Hümi specializes in healthcare management consulting for practice operations including technology integration, revenue cycle, compliance, human resources, and business applications; all backed by over 25 years of experience.
