Newsroom
News and statements
Press releases, statements and announcements, newest first. Journalists can reach our communications team at press@wardmorehealth.com.
2026
- Wardmore reports portfolio results for the third quarter of 2026
New fundings of $241.7 million in the quarter; assets under management of $2.31 billion; 60-day delinquencies of 0.71 percent.
- Wardmore adds regional teams in Texas and the Mountain West
Two new teams of relationship managers and field asset specialists will cover hospitals in Texas, Oklahoma, Colorado, Utah, Idaho and Montana.
- Rural Hospital Program reaches its 225th hospital
Eight years after it began, Wardmore’s program for rural and critical-access hospitals now finances equipment at 225 hospitals in 29 states and two provinces.
- Wardmore closes $471.4 million WHERT 2026-1 equipment receivables securitization
The company’s second term securitization was backed by 4,688 contracts with 467 hospitals and health systems.
- Lauren Haskins named President of Wardmore Health Capital
Ms. Haskins, Chief Operating Officer since 2019, adds the role of President. Douglas Rennick remains Chief Executive Officer.
2025
- Update on Continuity Assurance
The commitment we made on August 15 is now part of our written procedures and of every Continuity Assurance agreement.
- Statement on a service hold at a hospital we serve
For nine hours, monitoring equipment at a hospital we serve was in service hold.
- Wardmore closes inaugural $386.45 million equipment receivables securitization
WHERT 2025-1, the company’s first term securitization, was backed by 3,914 contracts with 412 hospitals and health systems.
2024
- Wardmore closes $375 million revolving warehouse facility
A three-year facility from a group of four banks replaces the company’s earlier lines and funds new leases until they are securitized.
2023
- Technology Refresh: patient monitoring upgraded every 48 months at a fixed payment
A new program replaces a hospital’s bedside and central monitoring on a set schedule, with the cost of the next generation built into today’s payment.
- Anil Raghavan joins Wardmore as Chief Financial Officer
Mr. Raghavan spent eleven years in structured finance, most recently leading equipment asset-backed securitization at a commercial bank.
2022
- Critical Care Subscription: ventilators and monitors for a single monthly fee per bed
A per-bed subscription covers the equipment, preventive maintenance, repairs, loaners and software updates for every bed in a unit.
2021
- Wardmore introduces Continuity Assurance, lowering rates for enrolled equipment
Equipment connected to Wardmore’s service network qualifies for rates up to 0.85 percentage points lower and no security deposit.
2019
- Wardmore passes $1 billion in critical-care equipment financed
Five years after its founding, the company has funded $1.03 billion of beds, ventilators and monitors for 236 hospitals.
2018
- Wardmore launches Rural Hospital Program
Equipment finance for critical-access and rural hospitals, with commitments sized to small units and payments that follow the cost-report cycle.
2017
- Wardmore opens Toronto office to serve Canadian hospitals
Wardmore Health Capital Canada ULC will finance critical-care equipment for hospitals in Ontario and the western provinces.
2016
- Wardmore introduces Utilization Pricing: ICU beds billed by the occupied hour
Hospitals can now pay for intensive-care beds by the hours they hold a patient, measured by the bed itself.
2014
- Wardmore Health Capital launches in Nashville to finance critical-care equipment
A new lender, founded by a healthcare banker and a former health-system CFO, will finance intensive-care equipment for community hospitals.