ProPhase Labs reports Crown Medical Collections talks with more than 250 payors and financing interest for receivables-backed deal

Reuters03-17 20:03
ProPhase Labs reports Crown Medical Collections talks with more than 250 payors and financing interest for receivables-backed deal

ProPhase said Crown Medical Collections is engaging with more than 250 insurance payors. The company said about 100 of these matters are in active settlement discussions. ProPhase said it is in discussions with institutional capital providers about potential receivables-backed financing structures expected to be without recourse to the parent company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ProPhase Labs Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603170800PRIMZONEFULLFEED9673267) on March 17, 2026, and is solely responsible for the information contained therein.

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