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DVI HEALTH SERVICES EQUIPMENT FINANCING SUBSIDIARY INCREASES REVOLVING CREDIT FACILITY WITH CONSORTIUM OF BANKS

 DVI HEALTH SERVICES EQUIPMENT FINANCING SUBSIDIARY INCREASES
 REVOLVING CREDIT FACILITY WITH CONSORTIUM OF BANKS
 IRVINE, Calif., July 27 /PRNewswire/ -- DVI Health Services Corp. (NYSE: DVI) announced today that its equipment financing subsidiary has increased its revolving credit facility with a consortium of banks. The revolving credit with National Westminster Bank USA as agent is now committed at $52,500,000 bringing the company's total recourse facilities to $60,000,000.
 The renewal of the facility incorporated several significant changes in the structure of the facility which will benefit the company. Most notably, the advance formula against receivables has been liberalized, and the company has obtained increased availability to the facility for outpatient healthcare facilities operated by DVI.
 The principal businesses of DVI Health Services Corp. are financing diagnostic and therapeutic equipment for healthcare providers, developing, acquiring and operating outpatient healthcare facilities and providing various services for the healthcare community including receivables management and cost containment programs.
 -0- 7/27/92
 /CONTACT: Cynthia Cohn of DVI Health Services, 714-474-5823/
 (DVI) CO: DVI Health Services Corp. ST: California IN: HEA SU:


CH -- LA012 -- 3451 07/27/92 11:04 EDT
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Publication:PR Newswire
Date:Jul 27, 1992
Words:188
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