Sterling National Bank provided senior secured credit facilities totaling $20 million to Digirad Health Inc.
Founded in 1985, Digirad and its subsidiaries develop, manufacture, assemble, sell, service, rent and/or lease diagnostic imaging equipment as well as provide trained personnel to perform imaging services at customer locations throughout the US. Headquartered in Suwanee, GA, Digirad’s stated mission is to deliver convenient, effective and efficient healthcare solutions on an as needed, when needed, and where needed basis. The company’s customers include hospitals, medical clinics, physician groups and federal institutions throughout the United States.
The transaction was originated by Steve Altneu, a Managing Director located in Sterling’s New York office.