Prospect Capital Corporation (NASDAQ: PSEC) announced today that Prospect has invested $17.0 million in first lien senior secured floating rate debt issued by Inpatient Care Management Company, LLC.

Founded in 2007, Inpatient Care and affiliates provide general surgery services to hospitals with a focus on emergency care. Inpatient Care surgeons are available to meet on-call demands for the community hospitals served by Inpatient Care. Inpatient Care's surgicalist program addresses the workflow challenges in the emergency room department with an outsourced, dedicated staff of on-call surgeons. The company's business model provides a comprehensive solution to emergency surgical care that seeks to reduce hospital length of stays, thereby benefiting patients, hospitals, and payors.

"Inpatient Care offers hospitals a differentiated staffing solution enabling emergency rooms to operate with improved efficiency and patient outcomes," said David Moszer, a Managing Director of Prospect Capital Management L.P. "We are pleased to provide financing to Inpatient Care to support the company's initiatives. Prospect is an experienced lender to value-added healthcare services companies, and we seek opportunities to support other companies in the healthcare services industry."

ABOUT PROSPECT CAPITAL CORPORATION

Prospect Capital Corporation (www.prospectstreet.com) is a business development company that focuses on lending to and investing in private businesses. Prospect's investment objective is to generate both current income and long-term capital appreciation through debt and equity investments.