Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization of Health Network One (“HNO”) by private equity sponsor, H.I.G. Capital, LLC.
Founded in 1999 and headquartered in Ft. Lauderdale, FL, HNO partners with health plans to optimize care across a number of specialties, including Physical, Occupational and Speech Therapy; Dermatology; Vision and Ophthalmology; Podiatry; Gastroenterology; and Urology. Through the Company’s comprehensive network of over 10,000 providers and dedicated in-house clinical expertise, Health Network One helps deliver high quality and convenient healthcare to over 5 million covered lives. In addition to helping drive medical outcomes, Health Network One’s cost-effective capitated payment solution aligns incentives with key stakeholders.