Skip to content

American Physician Partners Wins Time to Resolve Overdue Debt

  • Company seeks new financing package after loan deal fizzled
  • No Surprises Act clouds outlook for emergency-room revenue
    

    

Source: Getty Images

Lenders to American Physician Partners have given the emergency medical staffing company more time to repay its overdue loans following the collapse of a refinancing deal last month, according to people with knowledge of the matter. 

The extension came after the company, jointly owned by its member physicians, management and Brown Brothers Harriman & Co., shelved a leveraged loan sale. The package was designed to replace financing that matured on Dec. 21.