Imaging services provider Radiology Partners announced the completion of an equity coinvestment that was open to all of the company's partner physicians.
Approximately 60% of the firm's radiologists own equity, and approximately 40% of the company is currently owned by physicians, an ownership percentage that is expected to continue to increase over time, according to Radiology Partners.
The opportunity for radiologists to invest in the practice occurs on a regular basis with voluntary participation open to all partner-level physicians.
In addition to periodic coinvestment opportunities, Radiology Partners also maintains its "Path to Partnership" for associate physicians. Physicians can become partners by their local practice board, and when partner status is achieved, that physician receives equity in the company without a buy-in. In addition, these newly elevated partners then qualify for coinvestment opportunities.