GE Healthcare invests $75M in Schumacher Group

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GE Healthcare Financial Services has provided a $75 million senior secured credit facility to The Schumacher Group, an emergency medicine management company.

The Lafayette, La.-based company will use the credit proceeds to fund its continued expansion and refinance existing debt.

"The Schumacher Group has an exceptional industry reputation and track record; we are delighted to add them to our portfolio of healthcare customers," said Russ Herakovich, managing director for GE Healthcare Financial Services' corporate finance team.