The RAC and RadHelp leadership team has built an exceptional platform that was recognized by the American College of Radiology (ACR) as a leader in implementing Imaging 3.0™...
Chicago, IL (PRWEB) December 04, 2015
Ziegler, a specialty investment bank, is pleased to announce its role in advising Radiology Associates of Canton, Inc. (RAC) and RadHelp, LLC on their partnership with Radiology Partners, Inc.
Founded in 1971, RAC provides high-quality radiological services including around-the-clock diagnostic and interventional services to hospitals and the patients they serve, with a focus on clinical value and integrated care innovation. RadHelp, formed in 2013, is a consulting and patient-centered population management company that leverages data analytics to drive improved care coordination and patient outcomes across the radiology continuum.
Radiology Partners, backed by New Enterprise Associates (NEA), is the largest on-site radiology group in the U.S., now with over 200 radiologists serving more than 140 hospitals and other healthcare facilities in markets across Georgia, Illinois, Indiana, Kentucky, Ohio, Oklahoma, and Texas. As a physician-led practice, Radiology Partners’ mission is to transform radiology by innovating across clinical value, service and economics, while elevating the role of radiology and radiologists in healthcare.
As a result of the partnership, the group practice is better positioned in its continued work in defining and leading radiology’s role in population health management as well as in its delivery of even greater clinical value to patients, referring physicians and hospitals. Ziegler’s corporate finance team served as financial advisor to RAC and RadHelp on this transaction.
Andy Colbert, Managing Director in Ziegler’s corporate finance healthcare practice, commented, “The RAC and RadHelp leadership team has built an exceptional platform that was recognized by the American College of Radiology (ACR) as a leader in implementing Imaging 3.0™. As a pioneer in health care’s evolution towards a patient-centric model, RAC and RadHelp are helping place radiology in a leadership role in shaping health care delivery. We are thrilled to have served as a financial advisor in this important transaction.”
Ziegler’s Corporate Finance team is focused on delivering best-in-class advisory and financing solutions for companies and organizations across the healthcare industry. In our core practice areas of healthcare services, information technology, hospitals and senior living, Ziegler is one of the most active M&A firms offering innovative sell-side, buy-side, recapitalization/restructuring, equity private placement and strategic partnering services.
For more information about Ziegler, please visit us at http://www.Ziegler.com.
The Ziegler Companies, Inc., together with its affiliates (Ziegler), is a privately held, specialty investment bank with unique expertise in complex credit structures and advisory services. Nationally, Ziegler is ranked as one of the leading investment banking firms in its specialty sectors of healthcare, senior living, religion, and education, as well as general municipal and structured finance. Headquartered in Chicago, IL with regional and branch offices throughout the U.S., Ziegler provides its clients with capital raising, corporate finance, FHA/HUD, strategic advisory services and research. Ziegler serves institutional and individual investors through its wealth management and capital markets distribution channels.
Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This client’s experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the market value of mutual fund portfolios and separate account portfolios advised by the Company, the volume of sales by its retail brokers, the outcome of pending litigation, and the ability to attract and retain qualified employees.
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