Radiology Partners is the leading technology-enabled radiology practice in the U.S., operating through owned and affiliated practices and serving more than 3,300 hospitals and other healthcare facilities. As a physician-led and physician-owned practice, RP's mission is to transform radiology by innovating across clinical value, technology, service, and economics while elevating the role of radiology and radiologists in healthcare. Using a proven healthcare services model, the company provides consistent, high-quality care to patients and delivers enhanced value to hospitals, clinics, imaging centers and referring physicians. RP plans to expand its clinical services and extend its technology and AI capabilities, with management emphasizing investment in people, process and advanced technology at scale. Financially, RP completed a comprehensive financing plan that included approximately $720 million in new equity financing, meaningful debt reduction and extended debt maturities, and will retain more than $500 million of cash and liquidity to fund continued growth and innovation. Radiology Partners is a physician-led radiology practice that provides consistent clinical services and healthcare-operations capabilities to hospitals, clinics, and imaging centers. The firm serves more than 1,000 hospitals and other healthcare facilities and comprises 1,400+ radiologists. RP has expanded geographically and operationally, adding 30 new client sites and entering markets including Las Vegas, Austin, Greensboro, Atlanta, and the New Jersey/Pennsylvania region. The company has deepened capabilities in radiology consulting, IT, and revenue cycle management. Management says future plans include additional practice and hospital-system partnerships and investments in clinically focused technology and innovation while maintaining local physician autonomy. Recently announced financing activity and historical equity raises reflect ongoing capital support for that growth strategy. Radiology Partners is the largest physician-led and physician-owned radiology practice in the U.S., focused on transforming radiology through clinical value, service, and economics. Established in 2012 and based in El Segundo, Calif., RP uses a proven healthcare services model to provide consistent, high-quality radiology care. The company develops and deploys evidence-based clinical programs to advance clinical quality and optimize resource utilization. RP emphasizes a patient-first approach and the elevation of radiology and radiologists in healthcare. The organization plans to use recent funding to scale operations, invest in its clinical programs, and expand in existing and new markets. Financially, RP has completed multiple large equity raises, underscoring institutional and internal investor support. Radiology Partners is a multi-state, hospital-based radiology practice that serves approximately 280 hospitals and healthcare facilities across several U.S. markets. Founded in 2012 and headquartered in El Segundo, Calif., the firm is physician-led and emphasizes physician ownership. RP delivers radiology services using evidence-based clinical programs and a patient-first approach to improve clinical quality and resource utilization. The company highlights its role in decreasing unnecessary utilization, improving coordination of patient care, and increasing revenue for hospital partners. RP plans to use new capital to further scale operations, invest in its clinical programs, and expand in existing and new markets. The practice underscores its commitment to consistent, high-quality care through technology and teamwork.

Total raised

$1.9B

Funding rounds

4

Latest round

Equity

Latest activity

Feb 2024