ALEXANDRIA, Va. and OMAHA, Nebr., September 24, 2019 —Oxford Finance LLC (“Oxford”), a specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, today announced the closing of a term loan and revolving line of credit to Azria Health (“Azria” or “the Company”), a premier provider of rehabilitation and long-term care, offering a breadth of services and programs while delivering exceptional service and compassionate care to their patients and residents. The proceeds will be used for the acquisition of 10 facilities in the Midwest region.
Azria Health was founded in 2016 and provides award-winning, quality care and five-star rated facilities. The Company currently operates skilled nursing facilities throughout the Midwest.
“We are pleased to yet again work with Azria Health and provide financing to support their continued growth,” said Tracy S. Maziek, head of healthcare services at Oxford Finance.
“The team at Oxford has once again proved to be a true partner every step along the way, we are thankful for their continued support,” said Steve Hornung, principal at Azria Health.
About Oxford Finance LLC
Oxford Finance is a specialty finance firm providing senior secured loans to public and private life sciences and healthcare services companies worldwide. For over 20 years, Oxford has delivered flexible financing solutions to its clients, enabling these companies to maximize their equity by leveraging their assets. In recent years, Oxford has originated over $5 billion in loans, with lines of credit ranging from $5 million to $150 million. Oxford is headquartered in Alexandria, Va., with additional offices in San Diego, Calif.; Palo Alto, Calif.; and the greater Boston and New York City areas. For more information, visit https://oxfordfinance.com/
About Azria Health
Azria Health owns and operates skilled nursing centers throughout the Midwest. Founded in 2016, Azria Health has established itself as a premier provider of outstanding health care management services in each of their communities. Through innovation in healthcare delivery and a dedication to customer satisfaction, Azria Health is helping each of their residents live their best lives possible. Azria Health is headquartered in Gretna, Nebraska. For more information, visit https://www.azriahealth.com/