MiraMed mulls further acquisitions with new senior credit facility

MiraMed

Healthcare revenue cycle management services and business process outsourcing (BPO) provider MiraMed Global Services said it will continue to pursue accretive acquisitions after completing a new five-year US$75 million syndicated senior credit facility. In a statement, MiraMed said the new facility enhances its financial flexibility, providing increased capacity to drive growth through strategic acquisitions along with working capital. MiraMed has numerous offices in the US and also in Chennai, India and Manila, Philippines. It partners with hospitals, health networks, physician practices and related industry service organizations to provide a broad portfolio of customizable solutions. Tony Mira, founder and chief executive officer of MiraMed Global Services, said the credit facility provides the company with the financial flexibility to better serve its healthcare clients.

Read more here.

Shares