MRI services provider Smart Choice MRI has received a significant investment from UCHealth, the third hospital system to invest in the company since late 2015.
Details of the investment were not disclosed, but the company said it is the largest amount to date.
So far, Smart Choice MRI has raised $22 million in capital investment from hospital systems and strategic investors to expand its low-cost MRI scan services to 17 locations across Illinois, Wisconsin, and Minnesota. The company plans to open additional centers over the next five years, including new facilities in Colorado.
UCHealth includes seven hospitals and more than 100 clinic locations based in Colorado.
