AccessOne MedCard, Inc. | Stephens

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Financial Advisor

AccessOne MedCard, Inc.

$50 Million 01/30/2017 Specialty Finance Complete
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Transaction Details

  • On January 30, 2017, AccessOne Medcard, Inc. (“AccessOne”), closed on a new five year, $50 million senior secured ABL credit facility
  • Proceeds from the new facility were used to refinance the Company’s existing $30 million senior secured ABL facility and to pay costs and expenses on the closing date, and will be used for working capital and other general corporate purposes, including the funding of receivables growth
  • Stephens Inc. acted as exclusive financial advisor in the transaction

About the company

Founded in 2002, AccessOne is a leading provider of payment options designed to help patients manage their healthcare costs while driving best-in-class hospital reimbursement. AccessOne offers comprehensive low and no interest payment options for all patient balance types including high-deductible, catastrophic and financial assistance. No patient is ever denied credit or credit reported, and providers can rely on AccessOne to capture more revenue while driving compliance and financial performance. To learn more, visit www.accessonemedcard.com.

Sources: Publicly available information.
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