Radiology

Solis Mammography Announces Acquisition of Carolina Breast Imaging

Solis Mammography, a premier women’s health company and the nation’s largest independent provider of specialized breast health services, has announced the acquisition of Carolina Breast Imaging, a network of three breast imaging centers located in eastern North Carolina. For more than 10 years, Carolina Breast Imaging has provided patients with an advanced standard of care …

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S&P Downgrades Radiology Provider Akumin as It Faces ‘Significant Headwinds’

S&P Global downgraded Akumin’s credit rating Friday as the publicly traded radiology provider faces “significant headwinds.” The Plantation, Florida, firm has grappled with recent setbacks including labor and supply chain challenges, delays in recognizing synergies from its merger with Alliance Healthcare Services, and “relatively soft” patient volumes. Combined, these factors have led to “weaker-than-expected” margins …

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Top Drivers of Change in the Imaging Market

Although the imaging market is enjoying a period of growth, health systems and radiology practices must grapple with a shift toward freestanding imaging centers, growing private equity interest, and workforce shortages across all levels of practice. Read the full article: Top Drivers of Change in the Imaging Market // Source: https://www.advisory.com/topics/imaging/2023/05/imaging-drivers-of-change

Beset with Problems, Radiology Provider Akumin Forms Special Committee to Evaluate Its Strained Capital Structure

Radiology and oncology services provider Akumin has been beset with problems in 2023 and has formed a special committee to explore ways to address its strained capital structure. Radiology revenues plummeted $4.6 million in 2023’s second quarter due to delays in mobile equipment delivery, along with the ongoing closure of a key imaging center in …

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Radiology Partners Seeking New Investors to Help Repay More than $2B in Debt

The nation’s largest imaging group is reportedly seeking new investors to help repay more than $2 billion in debts, according to a report published Wednesday. Radiology Partners has hired Barclays Plc, hoping to raise “preferred equity” with a portion of its debts coming due in the next two years. Bloomberg Law reported the move on …

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