Prime Health Services, a Brentwood, Tennessee-based national provider of medical cost containment solutions, received an $8.0m senior secured debt.
LongueVue Capital, a New Orleans-based private equity firm, provided the financing.
The company intends to use the proceeds to expand its offerings.
Founded in 2001 by John McNamara, Managing Partner, Prime Health is a diversified medical cost containment company that offers services, including a nationwide Preferred Provider Organization as well as leading medical cost containment solutions, for the Workers’ Compensation, Auto Liability and Corrections markets.
Customers include insurance companies, third party administrators, and self-insured employers.