Daily News: January 17, 2012

Oxford Provides $15MM Facility to Healthcare Services Company

Oxford Finance said it closed a $15 million round of debt financing with a provider of outsourced hospital services. The private equity-backed company plans to use the funds for the recapitalization of its business.

“Oxford welcomes the opportunity to foster the growth of an outsourced hospital services provider that is backed by a strong equity sponsor,” said Christopher A. Herr, managing director for Oxford Finance. “The company is well-managed and offers a service that enables hospitals to contain costs while improving patient care.”