APPI continues acquisition spree
Physician practice management firm American Physician Partners continues its imaging center buying binge. The Dallas company announced last month that it acquired the four imaging centers of WB&A Imaging, a 15-physician radiology practice in
Physician practice management firm American Physician Partners continues its imaging center buying binge. The Dallas company announced last month that it acquired the four imaging centers of WB&A Imaging, a 15-physician radiology practice in Washington, DC. The agreement expands APPI's reach into Maryland and gives the company access to Virginia and the District of Columbia-areas where it has not previously had a presence. WB&A Imaging posted revenues of about $10.7 million for fiscal year 1997 (end-December).
In a separate transaction, APPI reported the purchase of three independent centers, two in California and one in Texas. The three centers had combined net revenues of approximately $5.8 million for the fiscal year ending December 1997.
After going public last fall with seven founding physician practices, APPI has maintained a steady acquisition pace (SCAN 8/19/98). Last month's deals bring APPI's total number of affiliated radiologists to 258 and total number of imaging centers across the U.S. to 79.
Newsletter
Stay at the forefront of radiology with the Diagnostic Imaging newsletter, delivering the latest news, clinical insights, and imaging advancements for today’s radiologists.
Where Things Stand with the Radiologist Shortage
June 18th 2025A new report conveys the cumulative impact of ongoing challenges with radiologist residency positions, reimbursement, post-COVID-19 attrition rates and the aging of the population upon the persistent shortage of radiologists in the United States.
How to Successfully Launch a CCTA Program at Your Hospital or Practice
June 11th 2025Emphasizing increasing recognition of the capability of coronary computed tomography angiography (CCTA) for the evaluation of acute and stable chest pain, this author defuses common misperceptions and reviews key considerations for implementation of a CCTA program.
The Reading Room: Artificial Intelligence: What RSNA 2020 Offered, and What 2021 Could Bring
December 5th 2020Nina Kottler, M.D., chief medical officer of AI at Radiology Partners, discusses, during RSNA 2020, what new developments the annual meeting provided about these technologies, sessions to access, and what to expect in the coming year.
Mammography AI Platform for Five-Year Breast Cancer Risk Prediction Gets FDA De Novo Authorization
June 2nd 2025Through AI recognition of subtle patterns in breast tissue on screening mammograms, the Clairity Breast software reportedly provides validated risk scoring for predicting one’s five-year risk of breast cancer.
