Envision Healthcare divested its American Medical Response business to a KKR affiliate for approximately $2.1 billion.
Here's what you should know.
1. Envision will use the sale proceeds to pay down outstanding debt from its term loan B credit facility.
2. The sale is in line with Envision's attempts to streamline its business operations in an effort to add shareholder value.
3. Envision President and CEO Christopher Holden said, "We continue to focus on our vision of being a leading provider of physician services and ambulatory surgery solutions and trusted partner for hospitals and health systems in the development of high performing clinical networks across the U.S."