secures $175M credit expansion
Summary
This is a significant milestone, as the additional capital will fund our continued growth and development through 2026, said USOSM President and CEO Richard Hall. Were extremely proud that USOSMs performance continues to provide our lenders with the confidence they need to expand their commitment.USOSM Chief Financial Officer Henry Moomaw added, We continue to be grateful for our existing lenders, who have supported our growth since the recapitalization with our private equity backer, Oak Hill Capital (OHC), in November 2021. This new round of financing includes favorable terms that will provide USOSM with the capital needed to continue to partner with the top oral surgeons across the U.S. for the next several years.Founded in November 2017, USOSM is a specialty management services company that exclusively serves premier, board-certified oral and maxillofacial surgeons. This achievement is recognized as world-class by one of the ranking systems founders: Bain & Company.At USOSM, we set the standard for oral and maxillofacial surgery management, and our success is driven by our unwavering dedication to clinical excellence and to our surgeon partners, who are all leaders in their specialty, added Hall. Our surgeon partners are board certified, exceptionally skilled and highly trained.With its practice support center headquartered in Irving, Texas, USOSM has built a best-in-class network of premier oral and maxillofacial surgeon partners spanning 28 states.