The senior credit facility consists of a $40 million line of credit and an $80 million term loan.
GE said the money will be used to refinance Schumacher’s existing debt and to fund corporate growth.
In addition to emergency medicine, Schumacher Group’s services include hospital medicine, care management and medical billing. The company, founded in 1994, now works with more than 3,000 providers nationwide. Schumacher Group has offices in Dallas, Houston, Picayune, Mississippi, Atlanta and Orlando, Florida.
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