Charterhouse Group, Highlander Partners and MTS Health Investors Announce the ... MarketWatch (press release)

08.09.10

Headquartered in Atlanta, Georgia, Chamberlin Edmonds is a leading provider of government program eligibility and enrollment services to over 200 acute care facilities in 30 states. Chamberlin Edmonds' technology-enabled services assist hospitals in lowering the incidence of uncompensated care, reducing bad-debt expense and increasing overall cash flow. Chamberlin Edmonds has a 24-year track record of patient advocacy and guiding uninsured patients through the complex processes associated with securing reimbursement from Medicaid, Social Security Disability, state disability, charity care and other community benefit programs.

Emdeon Inc. is a leading provider of healthcare revenue and payment cycle management solutions. The transaction will be financed through the use of unrestricted cash and borrowings under an amendment to Emdeon's existing credit facility that will be established simultaneously with the closing of the transaction. In connection with the credit facility amendment, Emdeon has entered into an incremental $100 million financing commitment with Citigroup Global Markets Inc.

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