Practice management involves overseeing all business aspects of a medical practice including financials, human resources, information technology, compliance, marketing and operations.
The radiology group executed 14 acquisitions last year, adding 24 new imaging centers to its network for a total of 355.
That would leave RP’s current obligations at about $2.4 billion, with debt maturities now extended by several years.
The M&A deal is with Houston Medical Imaging, which performed over 135,000 procedures last year, producing $28M in revenue.
The country’s largest radiology practice first announced the series of actions, including raising $720 million in new “growth equity,” on Feb. 15.
Based in the coastal city of Myrtle Beach, S.C., Carolina Radiology Associates is the state’s largest private imaging group.
Investor-backed diagnostic imaging provider Affidea scores $216M in growth capital
Radiology Partners’ restructuring reduces its debt by 20% or $600M, Moody’s estimates
RadNet enters first new market since 2020, acquiring 7 imaging centers
S&P views Radiology Partners’ debt refinancing maneuvers as ‘tantamount to a default’
Strategic Radiology expands to its 23rd state, adding 48-physician new member practice
Radiology Partners raises $720M in ‘growth equity’—more than double its target
The nation’s largest radiology practice also has closed previously announced debt restructuring transactions that provide RP with greater financial flexibility.
Radiology residents face an average of 46 interruptions during 1 night shift
“Protocol requests” are the most common type of disturbance, University of Iowa researchers detailed in JACR.
Fresh off bankruptcy, radiology provider Akumin inks hospital joint venture deal
The company is partnering with Northern Nevada Sierra Medical Center to help expand radiation oncology services across the Reno marketplace.
Peninsula Imaging told Mary Raver in 2014 that a cancerous growth was benign. She now has 18 months to live.
The Society for Cardiovascular Magnetic Resonance applauded two new CPT Category III codes for myocardial blood flow reserve (MBFR) assessments.
The newly approved device is much smaller than previous offerings, helping operators capture 3D images during structural heart evaluations.