by John R. Fischer
, Senior Reporter | December 28, 2018
US Radiology Specialists expanded its reach earlier this month with the establishment of a new partnership with Touchstone Medical Imaging, an outpatient imaging provider that offers services in MR, CT, ultrasound, X-ray and women’s imaging.
The collaboration opens up opportunities for the physician-owned radiology group, providing it access to resources from Touchstone’s 1,000 employees at its 60 outpatient imaging centers across Texas, Colorado, Oklahoma, Florida, Nebraska, Arkansas and Montana.
"We are excited that Touchstone has decided to join the US Radiology team," US Radiology CEO John Perkins said in a statement. "We share the same commitment to providing the highest level of care to patients in the outpatient setting by partnering with top-notch subspecialized radiologists and leading health systems partners."
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Formed back in April through a partnership between Charlotte Radiology and Welsh, Carson, Anderson & Stowe
, US Radiology has experienced a 300 percent growth rate in less than a year, building up an organization comprising 200 subspecialized radiology and physicians assistants who conduct over 3.5 million annual reads and scans across 30 hospitals and 80 outpatient imaging centers in nine states.
It recently partnered
with Denver-based Diversified Radiology, a subspecialized radiology group, as part of an initiative to strengthen its state-of-the-art, 24-hour teleradiology platform.
It also recently gained 100 percent ownership of MBX medical billing, a deal that enhances its revenue cycle management capabilities.
The current collaboration falls in line with Touchstone’s own objective to partner with leading health systems in lucrative markets, with recent ones being Baylor Scott & White Health in Texas and SCL Health in Denver and Montana.
As part of the agreement with US Radiology, Touchstone founder and CEO Pat Rice will join the US Radiology Board of Directors. He says that together, the “combined expertise, resources and growing networks will take our organizations to the next level.”
Clete Madden will remain president of Touchstone.