CHICAGO - Former JPMorgan tax-exempt capital markets banking manager Mark T. Melio spent most of the last two decades building the nonprofit health care practices of JPMorgan and Goldman, Sachs & Co. - experience that's now a principal selling point of his new, national advisory firm focused on the struggling sector.

"I believe our firm is going to stand out as one that provides senior level, day-to-day coverage and strategic thinking to hospitals that's coming from deep experience in the capital markets," Melio, 49, said in a recent interview about the opening of Northfield, Ill.-based Melio & Co. late last month.

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