Municipal Advisors

Head of Healthcare Advisory Practice

Damon Lee

Damon Lee is a collaborative, innovative executive advisor who works with healthcare providers on capital structure, capital raises and strategic initiatives. Damon has provided strategic counsel to the leadership teams of several of the 25 largest U.S. healthcare systems, community and specialty hospitals across the nation and highly regarded academic medical centers. Areas of expertise include healthcare capital markets, investor and rating agency relations, liability management and assessment of strategic alternatives.

While in the Merrill Lynch Municipal Derivatives Group, Damon traded interest rate swaps, caps and options for the SIFMA swap book and modeled and executed derivative transactions for issuers and investors. He traded bonds and hedges for a $3 billion municipal tender option bond portfolio and modeled the portfolio's market value, cash flow, and risk scenarios.

Damon graduated from Princeton University in 1997 with a B.A. in politics. He is registered with FINRA with his Series 50, and with the SEC and MSRB as a municipal advisor. In his free time, Damon enjoys alpine skiing, hiking and traveling.

Managing Director, Healthcare Advisory Practice

Matt Scanlon

Matt spent 22 years at the State agency which issues tax-exempt bonds for the construction of hospitals, nursing homes, mental health facilities, multi-family housing projects, the State University and municipalities. For the last 15 years of his tenure he was responsible for the day-to-day management of debt issuance for health care projects and the portfolio of health care facility loans. He oversaw the issuance of more than $15 billion in debt for hundreds of providers.

From 1985 to 1987 he was Chairman of the National Council of Health Facility Finance Agencies, the national organization of State agencies which issue tax-exempt bonds on behalf of health care providers. During his tenure as Chairman, Congress considered proposals to curtail the use of tax-exempt bonds by nonprofit health care providers. Under Matt’s leadership, the National Council was a key member of a coalition of health care organizations which was successful in limiting these proposals.

Matt has a B.A. from Catholic University, an M.A. and PhD from the New School and an Advanced Professional Certificate in Public Finance from New York University

Managing Director, Healthcare Advisory Practice

Lindsay Baker

Lindsay Baker brings over 30 years of experience in healthcare finance in the provider environment, most recently as Vice President of Finance at Montefiore Health System. She began her career in municipal finance at the New York State Medical Care Facilities Finance Agency, coordinating tax exempt bond issues for hospitals and nursing homes around the State.

While at Montefiore, Lindsay’s role spanned business development analysis, capital planning and financing, and cost accounting across all segments of the organization’s $6 billion business. She was the finance liaison on multiple construction, programmatic, and analytical initiatives. Key successes include developing the business and financing plans for the transformation of Montefiore from a 3-site hospital into a multihospital system with a Medical School, leading a $1.2 billion debt offering including a debt restructuring, and implementing a state-of-the-art cost accounting system.

Lindsay’s experience in the health care provider environment has given her insights into the organizational complexities and challenges inherent in the industry.

Lindsay is a member of the Healthcare Financial Management Association, a Certified Specialist in Business Intelligence (CSBI), and a registered Municipal Advisor Representative. She holds a Master of Business Administration with a concentration in Finance from New York University and an undergraduate degree with majors in Economics and Community Health from Tufts University, from which she graduated magna cum laude.