Unitranche Credit Facility

Lead Arranger, Admin Agent | June 2020

Sector: Healthcare IT

AB Private Credit Investors (AB-PCI) leveraged its healthcare and IT expertise to deliver a unitranche credit facility to support the acquisition of Citra Health Solutions by Global Healthcare Alliance (GHA). Despite the challenging market environment, AB-PCI provided financing certainty in partnership with GTCR.

GHA’s proprietary claims adjudication technology, Axia, automates the conversion of fee-for-service claims into a single, bundled claim and facilitates and manages payments between payers and providers.

Citra’s software platform, EZ-CAP, automates and manages complex capitated payment arrangements between healthcare providers and payers. The combination of the businesses creates a scaled platform providing workflow solutions to healthcare organizations across the value-based reimbursement continuum.

GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare, Technology, Media & Telecommunications and Growth Business Services industries. The Chicago-based firm pioneered The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. Since its inception, GTCR has invested more than $15 billion in over 200 companies.

Contact Us

Brent Humphries

President and Founding Member

Patrick Fear, CPA

Managing Director and Founding Member 

Daniel Weiss

Managing Director

Jay Ramakrishnan

Managing Director, Head of Originations and Founding Member

Evan Cohen, CFA

Managing Director

All rights reserved. AB Private Credit Investors is a trademark of AllianceBernstein L.P. and its affiliates. The [A/B] logo is a service mark of AllianceBernstein and AllianceBernstein® is a registered trademark used by permission of the owner, AllianceBernstein L.P.

This announcement is not a recommendation of, or offer to buy or sell any security or financial instrument.