Global private equity firm Advent International has completed a $115 million recapitalization of American Radiology Services in partnership with the company's existing physician shareholders and Johns Hopkins University. As a result of the transaction,
Global private equity firm Advent International has completed a $115 million recapitalization of American Radiology Services in partnership with the company's existing physician shareholders and Johns Hopkins University. As a result of the transaction, Advent invested $35 million of equity capital and has acquired 60% of ARS, which is headquartered in Baltimore. The company will use proceeds from the financing to provide partial liquidity to shareholders and support growth initiatives in its key markets. ARS offers MRI, CT, PET, ultrasound, x-ray, and mammography through outpatient centers and inpatient hospital contracts throughout the mid-Atlantic region. ARS provides service via its physician practice and a strategic relationship with Johns Hopkins.
FDA Expands Approval of MRI-Guided Ultrasound Treatment for Patients with Parkinson’s Disease
July 9th 2025For patients with advanced Parkinson’s disease, the expanded FDA approval of the Exablate Neuro platform allows for the use of MRI-guided focused ultrasound in performing staged bilateral pallidothalamic tractotomy.
Mammography Study: AI Facilitates Greater Accuracy and Longer Fixation Time on Suspicious Areas
July 8th 2025While noting no differences in sensitivity, specificity or reading time with adjunctive AI for mammography screening, the authors of a new study noted a 4 percent higher AUC and increased fixation time on lesion regions.