Capital One provides $50M senior credit facility to patient financing company AccessOne: 5 key notes

Capital One provided a $50 million senior credit facility to AccessOne, a company that provides patient payment options for healthcare services.

Advertisement

Here are five key notes:

1. The five-year, $50 million senior ABL credit facility will help AccessOne take the next step forward as a company.

2. Capital One also signed on to provide treasury management services to AccessOne.

3. AccessOne was founded in 2002 to help patients manage healthcare costs. The company offers low and no interest payment options for all patient balance types.

4. Capital One has customers across the healthcare sector, providing financial services for companies to focus on acquisitions, refinance existing debt, support working capital needs and fund growth initiatives.

5. AccessOne has hospital customers in North Carolina, Florida, Georgia, South Carolina and Tennessee.

More articles on healthcare:
8 orthopedic-driven ASCs making headlines
20 states with the highest, lowest active physicians
20 US regions with the most & least medical debt

Advertisement

Next Up in ASC Coding, Billing & Collections

Advertisement

Comments are closed.