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SUBSEQUENT EVENTS
3 Months Ended
Sep. 30, 2019
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS
(18) SUBSEQUENT EVENTS
On October 28, 2019, the Company, through its consolidated subsidiary, PSCI, acquired MedPricer.com, Inc. ("MedPricer") for $35.0 million in cash, subject to potential purchase price adjustments. The acquisition was funded with borrowings under the Credit Facility. The acquisition provides the sellers an earn-out opportunity of up to $5.0 million based on the achievement of a defined revenue target.
MedPricer is a SaaS provider of technology solutions that enable hospitals and other organizations to analyze, benchmark and source purchased services contracts independent of any existing GPO affiliation. The Company will report MedPricer as part of its Supply Chain Services segment.