Capital One will be paying a 6% premium to acquire $8.5 billion in healthcare-related loans, held within GE’s Healthcare Financial Services business, in a move the company says will give it a platform for further expansion in healthcare-related lending. Healthcare Financial Services provides financing to healthcare businesses ranging from seniors living centers to hospitals, medical offices, pharmaceutical companies, and medical device manufacturers. Those lending areas are in high demand amid an investor rush into the healthcare sector over the past 12-to-18 months. GE’s loan portfolio and its management team “will add to Capital One’s already strong healthcare lending business and create a leading healthcare banking platform,” the company said Areas of growth include adding lending and depository products to Capital One’s healthcare offerings, as well as treasury management services.

http://www.forbes.com/sites/antoinegara/2015/08/11/capital-one-expands-in-healthcare-lending-with-9b-deal-as-ge-continues-asset-sale-push/