Private equity-backed Solis Mammography inks women’s imaging partnership with hospital system
Imaging chain Solis Mammography has inked a new partnership with one of the nation’s largest public hospital systems, leaders announced Tuesday.
Under the deal, private equity-backed Solis will manage Memorial Healthcare System’s breast imaging and bone density services across four South Florida centers. They’re also eyeing further expansion in the Sunshine State with multiple additional locations.
“The opportunity to expand access to critically important, potentially lifesaving care is always a priority for Memorial, and Solis Mammography will help facilitate that through easily accessible locations,” Memorial President and CEO Aurelio Fernandez III said in a statement. “There are also synergies with some of our other women-focused services and a joint commitment to combining the latest technology with a patient-centered approach to care.”
Solis will start off managing locations in the Broward County towns of Hollywood, Miramar and Pembroke Pines. Back in March, the firm also signed a similar partnership with the Miami Breast Institute, marking its first entrance into South Florida and 10th major market. Chicago-based private equity firm Madison Dearborn Capital Partners acquired a majority stake in Solis Mammography in 2018, and the provider group now operates more than 90 centers across eight states.
Memorial is one of the largest public healthcare systems in the U.S., including six hospitals, with its headquarters in Hollywood, Florida. The South Broward Hospital District Board of Commissioners recently approved the deal—Solis’ first hospital partnership in Florida. Under the agreement, the same radiologists will continue to read breast studies at all locations, including existing hospital 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.