Private equity-backed Rayus Radiology announces expansion plans in 2 states
Private equity-backed provider group Rayus Radiology has announced plans to expand in two states.
The Minneapolis-based firm is adding two new outpatient imaging centers in its home state, setting up outposts in Otsego and Shakopee, two suburbs just west of the Twin Cities. Rayus is also opening a third location in Auburn, Maine, a small city in the state’s south-central region 35 miles north of Portland.
All three will offer a range of imaging services, including MRI, CT and X-ray, with the Minnesota sites also offering ultrasound along with diagnostic and therapeutic injections.
“We are excited to continue to grow and invest in Maine,” Robert Cherney, executive VP of operations for Rayus, said in a Dec. 28 announcement. “Opening this multi-modality center in Auburn allows us to further expand our ability to provide the highest quality care to patients in the most convenient outpatient location.”
The provider group said it already operates another four outpatient centers in Maine alongside 20 additional diagnostic imaging sites throughout the state. Meanwhile, Rayus runs another 17 spanning a region covering the Minneapolis metro area and the Wisconsin communities of Eau Claire and La Crosse.
Formerly known as the Center for Diagnostic Imaging, investment firm Wellspring Capital Management acquired the practice in 2019 and changed its name to Rayus Radiology last year. It has eyed rapid growth since the deal, adding 21 new outpatient centers in 2021, ballooning Rayus’ nationwide network to 150 sites.
Marty Stempniak has covered healthcare since 2012, with his byline appearing in the American Hospital Association's member magazine, Modern Healthcare and McKnight's. Prior to that, he wrote about village government and local business for his hometown newspaper in Oak Park, Illinois. He won a Peter Lisagor and Gold EXCEL awards in 2017 for his coverage of the opioid epidemic.