Paratus Healthcare Partners, LLC, is pleased to have served as the exclusive financial advisor to Gulf Imaging Associates, P.A. on the acquisition of their medical practice and affiliated imaging center, Scarsdale Imaging, to Radiology Partners. The transaction was led by Scott Seberg, Principal and Co-Founder of Paratus.
Gulf Imaging Associates (GIA) located in Houston, TX, and has long served as the exclusive diagnostic and interventional radiology services provider to Bayshore Medical Center and other medical facilities in the south metro Houston market.
On joining RP, Dr. Gerhard Wittich, President of GIA, stated, “We chose Radiology Partners because we recognize them as the largest radiology group in the city of Houston, and we connected with their mission of transforming the field of radiology. They (RP) have a strong corporate connection to HCA, and their single-specialty focus on radiology, powered by their investments in clinical innovation will further equip us to better serve our patients and referring physicians.”
On partnering with Paratus as their exclusive financial advisor, Dr. Wittich continued, “We simply would not have been able to recognize the value and opportunity to align with a national organization such as RP without the continued guidance, support, and expertise of Paratus.”
Scott Seberg, Co-Founder of Paratus Healthcare Partners added, “It was a true pleasure to have worked with the physician shareholders of GIA and be able to advise them in every phase of the complex decision-making process associated with choosing to align with a national practice. For us, each deal is unique, but the reward of helping our clients achieve their desired outcome is always the same.”
About Radiology Partners:
Radiology Partners is a leading onsite radiology practice and is the largest physician-led and physician owned radiology practice in the US with over 1100 radiologists serving nearly 720 hospitals and other healthcare facilities across the nation. As a physician-led practice, their mission is to transform radiology by innovating across clinical value, service, and economics, while elevating the role of radiology and the radiologists in healthcare. Using a proven healthcare services model, Radiology Partners provides consistent, high quality care to patients, while delivering enhanced value to the hospitals, clinics, imaging centers, and referring physicians they serve. Learn more at radpartners.com.
About Paratus Healthcare Partners, LLC:
Paratus Healthcare Partners, LLC is a mid-size financial advisory services firm with offices in Illinois and Texas who specialize in radiology practice valuations, M&A guidance, and operational and strategic planning services. With over 50 combined years of direct radiology experience, the principals of Paratus are uniquely positioned to help practice leaders navigate today’s rapidly evolving marketplace and best position themselves for long-term success. Lean more at paratushealthcarepartners.com.
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