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White Oak Healthcare Finance Provides Financing for United Medical Systems

May 29, 2019, 08:40 AM
Filed Under: Healthcare

White Oak Healthcare Finance, LLC announced it acted as sole lead arranger on the funding of a senior credit facility to refinance United Medical Systems, Inc. (UMS), a portfolio company of New State Capital. UMS is a leading provider of shared medical services primarily in the form of mobilized equipment solutions in urology.

“UMS’s breadth of urologist and medical facility relationships make it uniquely positioned to not only strengthen its core business but also grow through providing additional service offerings,” said White Oak’s Managing Director Ross Eldridge. “We are excited to partner with New State Capital to invest in a company with such a strong customer base and high retention rate.”

UMS and its urologist partners have performed more than 1,000,000 procedures in over 1,400 medical facilities throughout the US, Canada and South America.  The Company delivers advanced technologies and cost-efficient solutions for physicians.  This includes equipment for procedures in lithotripsy, laser lithotripsy, MRI Fusion prostate biopsy and other procedures in urology.

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