California-based hospital giant Dignity Health is acquiring a more than 70-year-old radiology practice, the two organizations have announced. MD Imaging, based in Redding, has inked a “definitive” agreement to be acquired by Dignity Health Advanced Imaging. Those involved expect the transition to take place in the spring, with Dignity welcoming the practice’s providers to its team. MD Imaging’s roots date back to 1951, when George Martin, MD, opened the area’s first radiology practice in downtown Redding above a drugstore. MD Imaging sees about 500 patients a day, but like others, has grappled with economic challenges.
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Source: https://radiologybusiness.com/topics/healthcare-management/mergers-and-acquisitions/hospital-giant-dignity-health-acquiring-70-year-old-radiology-practice