About
History
From twelve monitored beds in Middle Tennessee to 611 hospitals in two countries.
- 2014Wardmore Health Capital is founded in Nashville by Douglas Rennick and Philip Ardrey, with a $65 million bank facility. The first lease, in December, is for twelve monitored beds in Middle Tennessee.
- 2015Wesley Dunaway joins as Chief Credit Officer and builds the hospital credit model.
- 2016Utilization Pricing is introduced. The first agreement covers fourteen ICU beds in Alabama. Lauren Haskins joins to build asset management.
- 2017The Toronto office opens. Catherine Ebersole joins as General Counsel.
- 2018The Rural Hospital Program begins with eleven hospitals. The Continuity Operations Center opens in Nashville.
- 2019More than $1 billion of equipment funded since founding.
- 2021Continuity Assurance is introduced, lowering rates for enrolled equipment.
- 2022The Critical Care Subscription is introduced.
- 2023Technology Refresh is introduced. Anil Raghavan joins as Chief Financial Officer.
- 2024A $375 million revolving warehouse facility closes.
- 2025The first term securitization, WHERT 2025-1, closes in June. In August, after monitoring equipment at a hospital we serve was in service hold for nine hours, we commit that monitoring equipment in use at the bedside will not be placed in service hold.
- 2026WHERT 2026-1 closes in April. Lauren Haskins becomes President. The Rural Hospital Program passes 225 hospitals.