Whitney Palmer

Healthcare. Politics. Family.

Behind Venture Capitalists’ Interest in Radiology

Published on the Feb. 25, 2016, DiagnosticImaging.com website

By Whitney L.J. Howell

When you think of venture capitalism, your mind likely goes directly to business endeavors, not health care. But the ties between venture capital investment and health care activities are real – and growing, especially in radiology.

According to global communications and consulting firm Mercom Capital Group, LLC, venture capital investments in health care topped $2.2 billion in 2013. That’s double the $1.2 billion venture capitalists sunk into health care in 2012.

It’s unclear how much venture capital (VC) investment is funneled into diagnostic imaging, but according to Arl Van Moore, Jr., MD, former president of Charlotte Radiology in North Carolina, these types of outside funding activities are likely to continue. The main reason: profit. VC investors look at radiology practices and teleradiology companies as opportunities to make money.

To read the remainder of the article at its original location: http://www.diagnosticimaging.com/practice-management/behind-venture-capitalists-interest-radiology

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March 10, 2016 - Posted by | Healthcare | , , , , ,

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