Imaging services provider Radiology Partners has received $700 million in funding from investment firm Starr Investment Holdings.
Radiology Partners will use the funding to support its continued growth, including future partnerships with radiology practices and hospital systems. It will also use the money to invest in new technology and innovation. Radiology Partners' physicians are also expected to participate in the investment round.
Geoff Clark of Starr Investment Holdings will join the board of Radiology Partners as one of just two directors from institutional investors on the 11-person board.
