Private equity-backed Premier Radiology inks long-term partnership with nation’s largest occupational health provider
Private equity-backed Premier Radiology has inked a long-term partnership with Concentra, the nation’s largest occupational health provider, the two announced Tuesday.
Under terms of the deal, Miami-based Premier will continue providing teleradiology support to Concentra’s network of 540 medical centers through 2030. Services delivered include general X-rays, National Institute for Occupational Safety and Health B reads, tuberculosis and cardiac screenings, preemployment checks, and musculoskeletal and general ultrasound interpretations.
In an announcement, Concentra touted Premier Radiology’s scalability and IT know-how as reasons for continuing the partnership.
“Handling thousands of patient scans daily requires a flexible system. Our advanced technological integrations ensure we always have the necessary resources, regardless of demand,” Drew Gaudet, co-founder and CEO of Premier Radiology, said Feb. 6. “This allows us to focus on providing targeted care to our occupational health patients quickly without being bogged down by technological concerns.”
Headquartered in Addison, Texas, Concentra treats about 1 out of every 5 workplace injuries in the U.S., tackling over 60,000 patient visits per day. It employs more than 1,800 clinicians and has partnered with 210,000-plus employers, according to its website. Concentra is part of the larger Select Medical, which in 2015 partnered with private equity firm Welsh, Carson, Anderson & Stowe to acquire the occupational health group.
Meanwhile, Gaudet and colleagues founded Premier Radiology in 2006, today employing about 100 radiologists interpreting 2 million images per year. Private equity firm Grovecourt Capital Partners acquired the practice in June with plans for expansion. The company is unaffiliated with Nashville-based Premier Radiology, the largest outpatient diagnostic imaging network in Tennessee, with more than 20 locations across the state.
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.