Emdeon to draw on revolving credit facility for Capario purchase

By Sara Rosenberg

New York, June 23 – Emdeon Inc. plans to use borrowings under its revolving senior credit facility and cash on hand to fund the acquisition of Capario, according to a news release.

Closing is expected in the third quarter, subject to customary closing conditions, including expiration or early termination of the waiting period under the Hart-Scott-Rodino Act.

Emdeon is a Nashville-based provider of revenue and payment cycle management and clinical information exchange solutions. Capario is a Santa Ana, Calif.-based provider of healthcare technology solutions.

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