Commercial finance provider GE Capital has provided a fresh £2
million equipment finance facility to healthcare sector provider
Hospedia, following on from an £8 million deal made with the same
company in September 2011.

The new and existing facilities from GE will finance the
acquisition of new bedside terminal units for Hospedia, which it
will then install free of charge in hospitals across the UK in line
with the NHS’s Patient Power scheme.

Hospedia makes its revenue from patients who choose to pay for
services accessed through the terminal units.

Slough-based Hospedia currently works with over 150 UK hospitals
and has a staff of 400. A spokesperson for the company said that
the new GE facility would be used to replace some older bedside
units in the company’s portfolio, as well as expand it.

Tim Weil, Chief Executive of Hospedia said: “Our relationship
with GE Capital supports us in our development and roll out of
innovative new systems to improve patient outcomes and drive change
in this healthcare industry.”

This new venture comes after reports of a strong second quarter
for GE, which
announced plans to expand in Germany in June
and saw half-year
profit
up 15% year-on-year.

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In a feature appearing in
September’s Leasing Life
, Christian Bernhard of GE Capital
talks about software finance into the medical sector.