Private equity-backed radiology practice SimonMed Imaging celebrates the opening of seven new outpatient centers in a single state.
The facilities are spread throughout Florida and were developed through a combination of acquisitions and new builds. SimonMed Imaging, headquartered in Scottsdale, Arizona, now has 35 locations in Florida and approximately 170 total in 11 states.
Two of the new Florida locations – in Lake Nona and Sarasota Springs – will also offer the practice’s whole-body MRI service. “SimonOne” uses 3T magnetic resonance imaging technology and the expertise of in-house radiologists to screen asymptomatic patients for early signs of disease.
“Through the expansion of SimonMed, we continue our mission to make advanced technology, including 3T MRI and 3D mammography, accessible and affordable throughout Florida,” said radiologist, founder and CEO John Simon, MD, in a statement released Monday.
Three of the new centers are in Sarasota County in southwest Florida, two in the greater Orlando area and two more in the Tampa Bay area. SimonMed’s newest location in Orange City, Florida, opened on August 19. The practice also offers imaging services in Arizona, California, Colorado, Illinois, Kentucky, Minnesota, Nevada, New York, Texas and Wisconsin.
Founded in 2003, SimonMed employs around 200 radiologists. The company describes itself as “one of the largest outpatient medical imaging providers and largest physician radiology practices in the United States.” SimonMed entered into a $600 million partnership with New York-based private equity firm American Securities in 2021 and has grown steadily since then.
