Healthcare IT Today January 21, 2025
Healthcare IT News

Industry-Changing Deal Forms the Largest Independent Teleradiology Provider in the U.S.

ONRAD Inc., a leading radiology services company delivering remote teleradiology final-read impressions across all healthcare settings and full-service radiology solutions for hospitals, announced today the acquisition of teleradiology group Direct Radiology from Royal Philips, a global leader in health technology. The resulting unified organization creates the largest independent teleradiology provider in the United States. Financial terms of the acquisition were not disclosed.

Founded in 2012, Direct Radiology is a Joint Commission-accredited practice with approximately 80 radiologists serving more than 430 healthcare facilities nationwide.

Direct Radiology will operate as a wholly owned subsidiary of ONRAD. It will continue its customer expansion while building its radiologist team and enhancing customer value...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: Mergers & Acquisitions / JV, Provider, Radiology, Technology, Telehealth, Trends
Radiology business advocates’ top 5 priorities in Washington
4 trends in PE radiology acquisitions
Overview of the regulatory landscape of AI in radiology
Cone Health invests in AI to combat radiologist burnout
Rad AI Secures $60M for Generative AI Solutions for Radiology

Share This Article