ONRAD Acquires Direct Radiology from Royal Philips
January 8, 2025
ONRAD Inc., a teleradiology services provider backed by Housatonic Partners, has acquired Direct Radiology from Royal Philips. The deal combines Direct Radiology's ~80 radiologists and 430+ facility relationships with ONRAD's existing platform to create the largest independent teleradiology provider in the United States; Direct Radiology will operate as a wholly owned subsidiary of ONRAD.
- Buyers
- ONRAD Inc., Housatonic Partners
- Targets
- Direct Radiology
- Sellers
- Royal Philips
- Platforms
- ONRAD Inc.
- Industry
- Healthcare Services
- Location
- Washington, United States
- Transaction Type
- Addon
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