The situation
Mesquite Plains opened its six-bed ICU in 2009 with donated equipment and a grant. By 2025 the beds and ventilators needed replacing, and the hospital, which had come through two years of operating losses, was being quoted security deposits of three monthly payments.
What we did
Wardmore financed the unit’s beds, ventilators, monitors, central station and infusion equipment on a 60-month fair-market-value lease. The hospital enrolled its monitoring and infusion equipment in Continuity Assurance, which removed the security deposit and reduced the rate by 0.81 percentage points.
Ventilators are enrolled for reporting only and are never placed in service hold. The beds connect to the service network for maintenance reporting.
The result
The unit reopened with new equipment in March 2026 after a four-day changeover, during which Wardmore lent the hospital two monitors and a ventilator from its own pool.
The deposit alone would have been most of a nurse’s salary.
Published with the hospital’s permission. Figures are the hospital’s or Wardmore’s as stated, and individual results depend on each hospital’s circumstances.