Paratus Healthcare Partners Serves As The Exclusive Provider To Mountain Radiology, P.C., On Its Partnership With Radiology Partners

Chicago, IL – September 15, 2020 – Paratus Healthcare Partners, LLC, a specialty transaction advisory firm, is pleased to announce its successful representation of Mountain Radiology, P.C., on its recent partnership with Radiology Partners. 

Mountain Radiology has serviced the western slope of Colorado for more than 40 years, providing high-quality radiology services to the communities of Aspen, Carbondale, Glenwood Springs, Meeker, and Rifle, Colorado through its contractual relationships with Valley View Hospital, Grand River Hospital, and Pioneers Hospital. The practice also provides interpretive services to its outpatient imaging clients in Texas.

On joining RP, Dr. Jason DiCarlo, President of Mountain Radiology, stated, “We chose to partner with Radiology Partners because we recognized the importance and value that scale brings to Mountain Radiology – particularly in the wake of COVID-19.  As radiology groups across the nation all continue to work hard to rebound from the impacts of COVID, we saw immediate and long-term benefits to aligning with the largest radiology practice in the country, and their singular focus on radiology, powered by their investments in clinical innovation, as an opportunity to equip our practice to better serve our patients, hospitals, and referring physicians going forward.”

On partnering with Paratus, Dr. William Weathers, a Mountain Radiology shareholder, continued, “When we began this process with Paratus, we could never have imagined that we would be doing so in the face of a global pandemic. Without the expertise and experience that Francis and Scott provided, we simply would not have been able to achieve this opportunity at this time. The value and guidance Paratus brought to the table on this effort consistently exceeded our expectations in every aspect.”

Scott Seberg, Co-Founder of Paratus Healthcare Partners added, “It was a true pleasure to work with the physician shareholders of Mountain Radiology and be able to support them in every phase of what can already be a complex decision-making process, during one of the most challenging and rapidly-evolving business climates we have ever experienced.  For us, each deal is unique, but the reward of helping our clients achieve their desired outcome is always our greatest takeaway, especially this year.”

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-one (21) unique radiology organizations – both from the Buyer and Seller perspective – encompassing more than $1.5 billion in realized value. Specific to its representation and advisement of radiology practices choosing to align with a national provider, Paratus has successfully concluded seven (7) 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.

Paratus Partners acted as the Exclusive Financial Advisor to Elk Grove Radiology’s Partnership with Envision Healthcare

Chicago, IL (March 1, 2018) – Paratus Partners announces the completion of its Exclusive Financial Advisory engagement with Elk Grove Radiology resulting in the consummation of a Partnership with Envision Healthcare.  Terms of the transaction were not disclosed.

Elk Grove Radiology is led by Michael Racenstein, MD, who stated that Paratus was an invaluable partner during the acquisition process of our practice. They are unrivaled in their skill set and have a team of people that will help you through your experience and make it understandable and easy. Their fee schedule is fair and they are always available to answer any questions that may arise morning, noon or night.

Paratus Partners has offices in Chicago, Illinois and Austin, Texas.