Attached files
file | filename |
---|---|
EX-99.2 - EX-99.2 - Change Healthcare Holdings, Inc. | d512253dex992.htm |
8-K - FORM 8-K - Change Healthcare Holdings, Inc. | d512253d8k.htm |
Exhibit 99.1
FOR IMMEDIATE RELEASE
Emdeon Announces Intention to Re-Price its Senior Secured Credit Facilities
NASHVILLE, Tenn. (April 1, 2013) - Emdeon Inc., a leading provider of healthcare revenue and payment cycle management and clinical information exchange solutions, today announced its intention to re-price its existing senior secured credit facilities to benefit from current market interest rates.
Emdeon anticipates the transaction will be completed in April 2013. However, there can be no assurance that Emdeon will be able to complete this transaction, which remains subject to market and other customary conditions.
About Emdeon
Emdeon is a leading provider of revenue and payment cycle management and clinical information exchange solutions, connecting payers, providers and patients in the U.S. healthcare system. Emdeons offerings integrate and automate key business and administrative functions of its payer and provider customers throughout the patient encounter. Through the use of Emdeons comprehensive suite of solutions, which are designed to easily integrate with existing technology infrastructures, customers are able to improve efficiency, reduce costs, increase cash flow and more efficiently manage the complex revenue and payment cycle and clinical information exchange processes. For more information, visit www.emdeon.com.
Forward-Looking Statements
Statements made in this press release that express Emdeons or managements intentions, plans, beliefs, expectations or predictions of future events are forward-looking statements. These statements often include words such as may, will, should, believe, expect, anticipate, intend, plan, estimate or similar expressions. Forward-looking statements may include information concerning the proposed transaction and Emdeons possible or assumed future results of operations, including descriptions of Emdeons revenues, profitability, outlook and overall business strategy. You should not place undue reliance on these statements because they are subject to numerous uncertainties and factors relating to the proposed transaction and Emdeons operations and business environment, all of which are difficult to predict and many of which are beyond Emdeons control. Although Emdeon believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect Emdeons actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. Such factors related to Emdeons actual financial results or results of operations include: effects of competition, including competition from entities that are customers for certain of Emdeons solutions; Emdeons ability to maintain relationships with its customers and channel partners; Emdeons ability to effectively cross-sell its solutions to existing customers and to continue to generate revenue and maintain profitability by developing or acquiring and successfully deploying new or updated solutions; pricing pressures on Emdeons solutions; the anticipated benefits from acquisitions not being fully realized or not being realized within the expected time frames; and general economic, business or regulatory conditions affecting the healthcare information technology and services industries; as well as the other risks discussed in the Risk Factors and Managements Discussion and Analysis of Financial Condition and Results of Operations sections and elsewhere in Emdeons Annual Report on Form 10-K for the year ended December 31, 2012, as well as other reports filed by Emdeon with the Securities and Exchange Commission.
You should keep in mind that any forward-looking statement made by Emdeon herein, or elsewhere, speaks only as of the date on which made. Emdeon expressly disclaims any intent, obligation or undertaking to update or revise any forward-looking statements made herein to reflect any change in Emdeons expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.