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Gemino Healthcare Finance Provides Credit Line to Priority Care Solutions

January 20, 2016, 07:59 AM
Filed Under: Healthcare

Gemino Healthcare Finance has partnered with the country’s leading workers’ compensation management solutions company -- Priority Care Solutions, LLC. The partnership includes a revolving line of credit that will be used to fund its growth and continued expansion of the business.

Priority Care Solutions, LLC, a member of Florida’s Fast 100, is a privately held specialty managed care services and network provider for the workers’ compensation industry. Based in Tampa, Florida, it meets the needs of a client base comprised of carriers, third party administrators, self-insured employers, government agencies and managed care organizations.

“Having Gemino as a member of our suite of financial partners is key to supporting the exponential growth we are experiencing.  Our continued focus on ‘voice-of-customer’ coupled with competitions’ inability to match our quality of service is contributing to our rapid market share increase and need for strong financial partners such as Gemino”, said Mark Hinshaw, CFO of Priority Care Solutions.

“It was a pleasure to work with the management team of Priority Care Solutions,” said Gil Brindley, VP of Business Development for Gemino. “Their team is one of the more experienced teams in the industry, and the Company not only has the best of breed integrated national services offerings but the most comprehensive. The company is experiencing considerable growth opportunities in its core market, and Gemino’s Credit Facility will help fund this growth.”
Based in Philadelphia, with offices in Atlanta and Los Angeles, Gemino Healthcare Finance is a specialty finance company with an exclusive focus on providing senior secured loans to healthcare service providers throughout the U.S., with typical financing needs ranging from $2 million to $25 million in the form of revolving lines of credit and term loans. Gemino is a portfolio company of Solar Senior Capital Ltd., a leading publicly traded business development company.

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