Paratus Healthcare Partners Serves As The Exclusive Provider To Western Colorado Radiologic Associates, P.C., On Its Partnership With Radiology Partners

Chicago, IL – May 10, 2022 – Paratus Healthcare Partners, LLC, a specialty transaction advisory firm, is pleased to announce its successful representation of Western Colorado Radiologic Associates, P.C., on its recent partnership with Radiology Partners.

Western Colorado Radiologic Associates (“WCRA”) has serviced the western slope of Colorado for more than 50 years, providing high-quality radiology services to the Grand Junction, Delta, Craig and Telluride communities through its contractual relationships with St Mary’s Hospital, Delta Health, Memorial Regional Health, and Telluride Medical Center.

On joining RP, Dr. Eric Gerson, President of WCRA, stated, “We chose to partner with Radiology Partners (“RP”) because we recognized the importance and value that scale brings to WCRA – particularly in the wake of COVID-19, and RP’s other existing relationships in the Colorado market. As radiology groups across the nation continue to rebound, we saw immediate and long-term benefits to aligning with the largest radiology practice in the country.”

On partnering with Paratus, Dr. Reed Bumgardner, a WCRA shareholder, continued, “When we first met with Paratus, we could not have imagined the degree of effort and time that went into this process. Without Fran and Scott’s expertise, we simply would not have been able to achieve this opportunity at this time.”

Scott Seberg, Co-Founder of Paratus Healthcare Partners added, “It was a true pleasure to work with the physician shareholders of WCRA and be able to conclude our second radiology practice transaction in the state of Colorado. For us, each deal is unique, and the reward of helping our clients achieve their desired outcome remains our greatest satisfaction.

For more information about Paratus Healthcare Partners please visit us at

www.paratushealthcarepartners.com

About Paratus Healthcare Partners:

Francis J. Curry and Scott S. Seberg are the founding principals of Paratus Healthcare Partners. Collectively, Messrs. Curry and Seberg have advised more than twenty-three (23) unique radiology organizations – both from the Buyer and Seller perspective – encompassing more than $1.6 billion in realized value. Specific to its representation and advisement of radiology practices choosing to align with a national provider, Paratus has successfully concluded eight (8) partnerships since 2018, making us one of the most active advisory firms in Radiology.

As a firm, Paratus focuses on advising physician practices with regard to matters of strategic planning, including the exploration of merger and acquisition opportunities, as well as avenues for access to capital including both debt and equity markets.
The principals of Paratus demonstrate extensive “real-world” experience working in C-Suite roles across multiple hospitals and private practice settings, making us one of the only advisory firms who truly understand the challenges facing healthcare providers, giving us a truly unique perspective.

Paratus operates business offices in both Austin, Texas and Chicago, IL.

PRINT/SHARE: WCRA Press Release May 10, 2022

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