Publicly traded imaging center operator Akumin is taking on $700 million in new debt to help fuel its acquisition of Alliance Healthcare Services, Radiology Business reports.
First proposed in June, the merger would create one of the largest radiology services providers in the United States, S&P Global Ratings said in its own analysis July 26. If the $820 million deal is finalized, Plantation, Florida-based Akumin’s footprint would expand from seven states to 46, adding 1,000 contractual relationships with hospitals and health systems. Read more.
