Chesapeake Medical Imaging has ceased its existence as a private radiology group after 25 years. RadNet Inc. acquired the assets of the Annapolis, Maryland-based physician practice in November for $29 million, the company confirmed Monday. At one point, CMI had operated 14 locations, with 12 now becoming part of RadNet. Founded in 2001 by radiologist Mark D. Baganz, MD, Chesapeake Medical Imaging was previously a member of the Strategic Radiology coalition of independent imaging groups. SR had removed the practice from its website as of Monday. Strategic Radiology said the group officially ceased existing as a private practice on March 1. It was previously an outpatient-only radiology group that read studies for its radiologist-owned imaging centers.
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Source: https://radiologybusiness.com/topics/healthcare-management/mergers-and-acquisitions/chesapeake-medical-imaging-ends-its-25-year-run-private-practice