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RadNet and Saint Alphonsus Health System Announce Joint Venture Through Acquisition  

RadNet and Saint Alphonsus Health System Announce Joint Venture Through Acquisition  

On April 30, RadNet and Saint Alphonsus Health System announced the formation of a joint venture through the acquisition of Intermountain Medical Imaging, LLC.  Intermountain Medical Imaging is a comprehensive outpatient radiology imaging center with five locations in the Boise, Idaho MSA.  Saint Alphonsus Health System is a four-hospital regional, faith-based Catholic ministry with more than 2,000 medical staff professionals. It serves more than 700,000 people in Idaho and Oregon, with outreach services to Utah, Montana and Nevada. Saint Alphonsus consists of primary and specialty care providers at five acute care hospitals and... Read More »
Astorg Acquires Thermo Fisher’s Microbiology Business for $1.075 Billion 

Astorg Acquires Thermo Fisher’s Microbiology Business for $1.075 Billion 

Thermo Fisher Scientific announced that it sold its microbiology business to Astorg, a private equity group.   Astorg is buying the business for consideration of approximately $1.075 billion, consisting of cash and a $50 million seller note.  The microbiology business provides antimicrobial susceptibility testing and culture media solutions for clinical, pharmaceutical and food safety testing. The business generated $645 million in revenue in 2025 and is part of Thermo Fisher’s Specialty Diagnostics segment.  Astorg is a global private equity firm with €15 billion ($15.8 billion USD) of assets under... Read More »
Premier Radiology Buys Teleradiology Group Global Imaging Solutions

Premier Radiology Buys Teleradiology Group Global Imaging Solutions

Premier Radiology Services announced the acquisition of Global Imaging Solutions, also called GLOBIS. Financial terms of the deal were not disclosed. Global Imaging Solutions, also called GLOBIS, is a teleradiology group providing subspecialty imaging interpretations to outpatient imaging centers and orthopedic practices and physician-owned groups. The physician-founded company delivers approximately 350,000 reads annually. Founded in 2006, Premier Radiology Services is one of the top independent teleradiology solutions in the United States. Premier provides reliable and accurate interpretations of medical images to patients in 48 states through its technology-enabled platform. With a... Read More »
Aditxt Buys Golden, Colorado-Based Ignite Proteomics

Aditxt Buys Golden, Colorado-Based Ignite Proteomics

Aditxt, Inc. announced on March 13 the acquisition of Ignite Proteomics, LLC, based in Golden, Colorado. Under the terms of the transaction documents, Aditxt acquired Ignite in a transaction providing 36,000 shares of Aditxt’s newly designated Series A-2 Convertible Preferred Stock, representing an aggregate stated value of $36 million. Ignite Proteomics is a commercial-stage precision oncology company focused on addressing a critical challenge in cancer care: optimizing therapy selection. Ignite’s Reverse Phase Protein Array (RPPA) platform is designed to measure protein expression and whether they are functionally active, a distinction that increasingly determines whether a patient would... Read More »
Premier Radiology Buys Teleradiology Group Global Imaging Solutions

Agilent to Acquire Biocare Medical

Agilent Technologies announced that it has entered into a definitive agreement to acquire Biocare Medical from an investor group led by Excellere Partners and GHO Capital Partners LLP. The all-cash transaction is valued at $950 million. Biocare Medical is a leading provider of immunohistochemistry (IHC) instrumentation, as well as a full range of reagents for IHC and molecular testing. IHC provides increased confidence at critical diagnostic decision points, improving patient therapy while accelerating turnaround time. Agilent provides bio-analytical solutions and services to the life sciences, diagnostics and genomics, chemical analysis, communications and electronics industries... Read More »
RadNet Enters Indiana With Northwest Radiology Network Acquisition

RadNet Enters Indiana With Northwest Radiology Network Acquisition

RadNet, Inc. announced that it has acquired the outpatient imaging assets of Northwest Radiology Network, P.C. The deal marks RadNet’s entry into Indiana and expands its presence into the Midwestern United States. Northwest Radiology Network is a physician-led outpatient diagnostic imaging practice operating six multimodality outpatient centers across the Indianapolis, Indiana MSA. Founded in 1967, Northwest Radiology offers a comprehensive range of diagnostic and screening services, including MRI, CT, PET/CT, mammography, ultrasound, nuclear medicine, interventional radiology and diagnostic X-ray. According to its website, the practice has 19 providers on staff. RadNet, Inc. is a provider... Read More »