Wells Fargo Capital Finance's healthcare finance portfolio has passed the $1 billion point with the bank's recent $100 million credit facility for Apria Healthcare Group, according to an ABL Advisor report.
Apria provides home respiratory services and home medical equipment, according to the report. It's among numerous companies Wells Fargo Capital Finance's healthcare team has provided financing to in the past few months. Others include Nipro Diagnostics, Lantheus Medical Imaging and Bristol Hospital.
Tracy Maziek, senior managing director and head of healthcare finance at Wells Fargo Capital Finance, said the bank is impressed with Apria's strategic focus and management team, according to the report.