Ropes & Gray Advises US Radiology Specialists in Partnership with Radiology Ltd.
Ropes & Gray advised US Radiology Specialists in connection with its partnership with Radiology Ltd., the largest private practice radiology group and outpatient imaging operator in Tucson, Arizona. The transaction was announced on Dec. 2. Financial terms weren’t disclosed. The press release is here.
Radiology Ltd. provides 24-hour coverage for two of the largest hospitals in southern Arizona — Tucson Medical Center and St. Joseph’s Hospital. In addition, Radiology Ltd. operates nine ACR-accredited outpatient diagnostic imaging centers, including two full-service women’s imaging centers.
US Radiology operates more than 130 outpatient imaging centers in 13 states, bringing together high-quality subspecialized radiologists with leading outpatient operational expertise, infrastructure, and technological support.
The Ropes & Gray team that advised US Radiology was led by private equity partner Anthony Norris, finance partner Steven R. Rutkovsky, tax partner Leo Arnaboldi III and benefits partner Josh Lichtenstein (all of New York) as well as health care partner Tim McCrystal (Boston).