Signify Premium Insight: The Ascent of Outpatient Imaging
Published: May 6, 2021
SimonMed Imaging, one of the largest outpatient imaging and radiology providers in the US has recently received substantial investment from private equity firm, American Securities LLC. The cash injection comes as part of a partnership, with American Securities to support the imaging provider’s continued growth. This tie-in aims to, among other things, help SimonMed reach more patients by “continuing to build density in SimonMed’s existing markets, as well as expanding into new markets around the United States,” explained American Securities managing director Ben Dickson.
This move is just the latest example of the growing interest and potential in the outpatient imaging sector. Last year one of the United States’ leading radiology reading practices, Radiology Partners, also showed its strength, announcing in August 2020 that it had added 82 client sites, representing around two million annual exams, to its portfolio. RadNet, another