Helping Independent Radiology Practices
For Owners Looking to Sell Their Radiology Practice
We help owners prepare their practices for sale, identify opportunities to optimize EBITDA, coordinate with experienced radiology business brokers, and provide guidance throughout the sale process
Grow Your Revenue. Reduce Your Costs.
Request a Practice Performance Review to identify opportunities to increase revenue, reduce operating costs, negotiate better vendor contracts, and improve overall profitability.
Chapter 11 and Restructuring Assistance
We provide operational support for attorneys, trustees, and professionals.
Practice Sale Advisory
Looking to Sell Your Radiology Practice?
Selling an independent imaging practice is a significant decision. Having experienced guidance can help you prepare your business, optimize its value, and navigate the complexities of a transaction.
Practice Sale Readiness
Assess your practice’s operational readiness and identify issues that could affect a potential sale.
EBITDA Optimization
Identify opportunities to reduce operating costs, improve efficiency, and strengthen financial performance before approaching buyers.
Business Broker Coordination
Work alongside a business broker experienced selling radiology practices to support the sale process.
Financial Information Coordination
Help collect and organize financial records for review by the business broker and other transaction professionals.
Confidential Information Memorandum (CIM)
Assist with developing the operational and business information needed to present your practice to prospective buyers.
Buyer Due Diligence Support
Organize documentation, respond to operational and technical questions, and help resolve issues identified during due diligence.
Transaction and Transition Support
Assist with operational planning, technology transitions, and other practical requirements associated with completing a sale.
Unlike general business consultants, Radiology Advisory brings more than 15 years of executive-level experience managing an independent imaging practices. This includes firsthand involvement in a recent sale to a national imaging organization.
This experience provides a unique understanding of the sale process, from preparing a practice for potential buyers to navigating due diligence, addressing operational challenges, and managing the complexities of a successful transaction.
Practice Performance Advisory
Grow Your Revenue. Reduce Your Costs
Is your imaging practice operating as profitably as it could? Even successful practices may have opportunities to
reduce unnecessary expenses, improve efficiency, and develop additional revenue streams.
Our Practice Performance Review provides a comprehensive assessment of your current operations, creating a clear baseline and
identifying specific areas where improvements could increase revenue, reduce costs, and enhance overall profitability.
This is what the review identifies:
Cost Reductions
Identify opportunities to reduce operating expenses, including the cost of medical supplies, equipment service contracts, utilities, leased services, staffing, and other overhead expenses.
Revenue Growth Opportunities
Identify potential new revenue streams, such as additional imaging services, clinical research, interventional procedures, strategic partnerships, and ways to increase referral volume and payer reimbursement.
Operational Efficiencies
Evaluate patient scheduling, workflow, modality utilization, and staffing models to reduce no-shows, improve throughput, and increase productivity.
Technology Enhancements
Assess RIS/PACS, IT infrastructure, reporting tools, and other technology investments to ensure you are maximizing value, improving capabilities, and reducing ongoing costs.
Vendor Contract Improvements
Review existing vendor and supplier contracts, identify opportunities to renegotiate terms, explore alternative suppliers, and leverage industry relationships to obtain better pricing and service levels.
What Will You Receive?
A confidential written report outlining our findings, prioritized recommendations, and practical steps to improve your practice’s financial and operational performance.
Where appropriate, Radiology Advisory can also assist with implementing the
recommended improvements.
Specialized Support for Distressed Radiology Practices
Chapter 11 and Restructuring Assistance
Radiology Advisory provides specialized operational and technical support to attorneys, trustees, and other professionals managing financially distressed imaging practices. Our experience can assist with evaluating operations, preserving business value, coordinating equipment sales, and supporting restructuring or liquidation.
Operational Assessment Report
Prepare a comprehensive report evaluating the practice’s operations, equipment, contracts, and financial pressures to help attorneys assess viable options.
Equipment Valuation and Sales
Determine the true market value of imaging equipment, prepare detailed asset listings, coordinate with established medical equipment dealers, and solicit competitive purchase offers.
Practice Sale Support
Assist with preparing the practice for sale, including assessing sale readiness, introducing an experienced business broker with expertise in radiology practice sales, and coordinating with prospective buyers.
Restructuring Support
Identify opportunities to reduce operating expenses, renegotiate vendor arrangements, and improve operational performance to support a successful restructuring plan.
Technology and Contracts
Review existing technology, equipment service, and vendor agreements to identify opportunities for termination, renegotiation, or replacement with lower-cost alternatives.
Facility Closure and Transition
Coordinate equipment removal, vendor termination, records management, and operational wind-down activities to ensure an orderly and cost-effective transition.
COMPLIMENTARY
Initial Discovery Discussion
A confidential, no-obligation discussion to understand your practice, current challenges, and objectives, and to determine how Radiology Advisory can assist.
HOURLY OR FIXED FEE
Focused Advisory Engagement
Targeted assistance for specific requirements, such as preparing a practice for sale, improving profitability, addressing an operational or technical challenge, or supporting a restructuring.
FIXED FEE TAILORED TO YOUR NEEDS
Comprehensive Practice Assessment
A detailed, tailored review of your practice, which may include a Practice Performance Review, Sale Readiness Assessment, or Chapter 11 Operational Assessment Report, depending on your goals. The scope, deliverables and pricing are customized to your specific needs.