Med One Books 8-Figure Lease With Large East Coast Health Care Provider
APR 11, 2019 - 6:15 am
In March, Med One Group booked a lease totaling more than $28 million in a quickly arranged transaction.
The first inquiry came to Med One during the last week of February. This deal with one of the top Integrated Delivery Networks (IDN) in the state of Virginia involves 16 separate lease documents, all of which were reviewed and executed by the customer within less than a week of being presented. The assets being leased will provide a major system-wide upgrade to the health system’s pharmacy and supply management system. Implementation of these technology upgrade and cost-saving improvements will take place over the next two years.
Robb Stevens, Sr. VP of Equipment Leasing said, “Med One’s key vendor partners have come to appreciate and rely upon Med One’s speed, creativity and efficiency in helping them win deals of all sizes with their customers. By demonstrating these core values, day in and day out, everybody wins.”
For nearly 30 years, Med One has been a lessor for healthcare facilities across the country. Med One’s unique position in the healthcare sector allows them to finance major capital acquisitions for large health systems with many custom requirements.
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