Publicly traded radiology operator Akumin adds six imaging centers in $39M deal
Publicly traded radiology operator Akumin Inc. is acquiring six outpatient imaging centers in Florida in a deal valued at $39 million, the company announced recently.
About $3.9 million or 10% of the purchase price will be paid in common shares of the provider, whose U.S. offices are located in Plantation, Florida. After the deal closes this quarter, Akumin will operate 78 clinics in its home state and more than 130 across the U.S. Officials did not specify the seller in the transaction.
“We are very excited to continue our growth and consolidation strategy,” President and CEO Riadh Zine said in a statement.
Akumin labels itself as a leading provider of freestanding, fixed-site imaging services, operating such centers in Florida, Texas, Pennsylvania, Delaware, Illinois, Kansas and Georgia. The company also recently issued its financial guidance for 2021, anticipating upward of 6.45 million RVUs, $279 million in revenue and $70 million in adjusted earnings.
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.