![]() Radiology Specialists have also completed acquisitions. Val Vista Drive Bldg 7, Suite 135Gilbert, AZ 85295-1621. SimonMed has over 160 convenient locations across 11 states and provides late night and weekend appointments to accommodate patients. El Segundo, California-based imaging giant Radiology Partners just added six practices, while other investor-backed players such as the Center for Diagnostic Imaging and U.S. We have patient-focused staff and highly trained medical professionals. The SimonMed news follows a spate of recent acquisitions in the specialty. and largest outpatient imaging providers, operating such centers across nine states. The practice employs more than 200 radiologists and labels itself as both one of the largest radiology practices in the U.S. ![]() Our mission is to provide best-in-class affordable care through the use of advanced technology. We have over 150 imaging centers in the United States, with locations throughout Arizona. We have patient-focused staff and highly trained medical professionals. Services offered include MRIs, CT Scans, 3D Mammography, Ultrasound, X-rays and more (modalities may vary by location). American Securities declined to comment on the report, while SimonMed did not immediately respond to a request for comment.įounded by CEO and radiologist John Simon, MD, SimonMed has served its Arizona community for some 30 years, according to the company website. Maricopa, AZ 85138-6400 Phone: (520) 666-7960 Fax: (602) 302-5819 Check-in available at: 05:00PM. Two others reportedly bid in the auction, the publication noted. Sources told PE Hub the practice tallied $75 million in adjusted 2020 earnings before interest, taxes, depreciation and amortization. The same publication revealed in January that SimonMed was exploring a sale, focused specifically on finding company sponsors rather than an outright acquisition. ![]() The parties originally reached a deal in early March and hope to close by the end of April, PE Hub reported Friday citing anonymous sources. Read more about the announcement here.Ĭonsolidation continues to spread in imaging, with a New York-based private equity firm reportedly reaching a deal to buy SimonMed, one of the nation’s largest outpatient radiology chains.Īmerican Securities will pay $600 million to acquire the Scottsdale, Arizona, hybrid practice, which includes a large radiology group and 150 imaging centers. UPDATE: SimonMed confirmed its partnership with American Securities on April 21.
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