Tuesday, July 10, 2012

ODS Health Plan raises $10 million in debt financing

ODS Health Plan has raised $10 million in debt financing, according to a new filing with the Securities and Exchange Commission.

The filing does not provide any details about how the health insurer will use the money. An ODS executive didn't immediately return a call for comment.

ODS ranked No. 5 on the Business Journal's most recent list of Oregon's largest health insurers. It has more than 250,000 members in Oregon and southwest Washington.

Most recently, the Business Journal reported on the company's plans to grow its market share in Seattle and Spokane.

Matthew Kish covers banking, finance and higher education.

Source: http://feeds.bizjournals.com/~r/bizj_national/~3/gCsT0SLGYjc/ods-health-plan-raises-10-million.html

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