GE Capital’s Healthcare Financial Services (HFS) business provided more than $10.5 billion in financing to customers across more than 240 transactions in 2014, an increase of 20% percent from the prior year. For the third consecutive year, GE Capital was the No. 1 lead arranger for healthcare financings up to $1 billion in size, according to Thompson Reuters.

HFS is active across 45 healthcare segments — including senior housing, outpatient services, pharmaceuticals, medical devices, hospitals and medical offices, and life sciences — financing acquisitions, refinancing existing debt, supporting working capital needs and funding early-stage commercialization efforts.

“While many segments in the healthcare industry are experiencing major changes and consolidation, others are part of a remarkable technology-driven expansion phase,” said Darren Alcus, president and CEO of GE Capital, Healthcare Financial Services. “Across all these sectors, we expect to see a high level of ongoing demand for debt financing in 2015.”

HFS supports healthcare companies in three broad areas: corporate finance, real estate finance and venture debt for life sciences companies.