DOTmed Home MRI Oncology Ultrasound Molecular Imaging X-Ray Cardiology Health IT Business Affairs
News Home Parts & Service Operating Room CT Women's Health Proton Therapy Endoscopy HTMs Mobile Imaging
SEARCH
Current Location:
>
> This Story


Log in or Register to rate this News Story
Forward Printable StoryPrint Comment

 

 

Business Affairs Homepage

Why costs rise when physicians consolidate In one study, physician prices increased 14 percent after acquisitions

Will U.S. healthcare innovate or stagnate? Insights from Dr. John Halamka, CIO at Beth Israel Deaconess Medical Center

Wendy Siminski AdvaMed welcomes senior vice president for conferences and events

Three ways good ethics prevent radiologists from breaking the law Why better insight can help imaging professionals avoid unethical behavior

Retail holds key to understanding digital expectations for healthcare Bringing simple and reliable digital interactions to the patient experience

CIVCO Radiotherapy and Adaptiiv ink distribution deal Partnership will increase access to software that personalizes radiotherapy

BWXT to acquire Sotera Health’s Nordion medical isotope business $150M in capital expenditures expected this year

Four ways to attract prospective patients online Helping care seekers get from Google to your facility

With NVIDIA, Canon brings deep learning to its VNA Combining Abierto VNA data with DGX analytics

Physicians should be granted immunity to malpractice lawsuits, says study Recorded a 13 percent decline in adverse events over four years

Charlotte Radiology and WCAS are
collabing to form US Radiology
Specialists

Charlotte Radiology and WCAS to launch US Radiology Specialists

by John R. Fischer , Staff Reporter
Charlotte Radiology, a practice based in North Carolina, has teamed up with health care investment firm Welsh, Carson, Anderson & Stowe (WCAS) to launch US Radiology Specialists, a physician-owned radiology group.

The formation of the practice builds upon Charlotte Radiology’s more than 50 years of experience serving the Southeast and WCAS’s business support and capital investment. It also is predicted by both to grow as an enterprise, due, in part, to the leadership experience of John Perkins, who has been named as the company’s official CEO.

Story Continues Below Advertisement

RaySafe helps you avoid unnecessary radiation

RaySafe solutions are designed to minimize the need for user interaction, bringing unprecedented simplicity & usability to the X-ray room. We're committed to establishing a radiation safety culture wherever technicians & medical staff encounter radiation.



“US Radiology Specialists is a physician-owned and quality-focused group set up to support our mission of providing exceptional patient care,” Bob Mittl, chairman of the Clinical Governance Board of Charlotte Radiology and a US Radiology Specialists board member, said in a statement. “We are excited to form US Radiology Specialists in a joint partnership with highly experienced and like-minded partners such as WCAS.”

Equipped with five outpatient imaging centers and two mobile MR units, Charlotte Radiology provides US Radiology Specialists with the combined abilities of its 126 physicians and advanced care practitioners for interpreting or performing more than 1.5 million imaging studies and imaging-guided procedures annually.

It also offers subspecialized radiology and interventional care expertise, currently exhibited 24 hours a day at 18 hospitals, and access to its 14 breast centers, three mobile mammography units, two vein centers, and several vascular and interventional care sites.

Perkins, coming from a background as CEO of global plasma protein therapeutics company, Bio Products Laboratory (BPL), will be able to help scale the business as well as offer private equity experience as an operator and operating partner for Bain Capital, Ampersand Capital and Cerberus Capital.

“I am incredibly excited to partner with Charlotte Radiology and WCAS to create US Radiology Specialists,” he said in a statement. “I strongly believe in our model of a national, physician-owned partnership that is closely aligned with leading health systems to provide the highest quality patient care.”

Financial advice in this transaction was provided to Charlotte Radiology by Leerink Partners LLC, alongside its legal counsel, McGuireWoods LLP. WCAS was advised on a legal basis by Ropes & Gray.

No financial details were disclosed.

Business Affairs Homepage


You Must Be Logged In To Post A Comment

Advertise
Increase Your
Brand Awareness
Auctions + Private Sales
Get The
Best Price
Buy Equipment/Parts
Find The
Lowest Price
Daily News
Read The
Latest News
Directory
Browse All
DOTmed Users
Ethics on DOTmed
View Our
Ethics Program
Gold Parts Vendor Program
Receive PH
Requests
Gold Service Dealer Program
Receive RFP/PS
Requests
Healthcare Providers
See all
HCP Tools
Jobs/Training
Find/Fill
A Job
Parts Hunter +EasyPay
Get Parts
Quotes
Recently Certified
View Recently
Certified Users
Recently Rated
View Recently
Certified Users
Rental Central
Rent Equipment
For Less
Sell Equipment/Parts
Get The
Most Money
Service Technicians Forum
Find Help
And Advice
Simple RFP
Get Equipment
Quotes
Virtual Trade Show
Find Service
For Equipment
Access and use of this site is subject to the terms and conditions of our LEGAL NOTICE & PRIVACY NOTICE
Property of and Proprietary to DOTmed.com, Inc. Copyright ©2001-2018 DOTmed.com, Inc.
ALL RIGHTS RESERVED