MedSolutions Holdings, Inc. -- Moody's Affirms MedSolutions' B2 CFR on proposed acquisition by CareCore; outlook stable

New York, November 05, 2014 -- Moody's Investors Service affirmed MedSolutions Holdings, Inc.'s ("MedSolutions") B2 Corporate Family Rating (CFR), B2-PD Probability of Default Rating (PDR), and B2 rating on the company's existing senior secured first lien credit facilities. The rating outlook is stable. This action follows the company's definitive agreement to be acquired by CareCore National, LLC and financial sponsor General Atlantic LLC. In connection with the acquisition, MedSolutions' shareholders will take equity in CareCore and have a minority ownership with CareCore shareholders retaining majority ownership. The transaction is subject to customary regulatory approvals and is expected to close during the fourth quarter of 2014.

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