(EL SEGUNDO, Calif.) July 1, 2025 — Radiology Partners (RP), the leading provider of technology-enabled radiology services in the U.S., today announced the successful refinancing of its first-lien debt, extending its maturities through 2032 and enhancing its capital structure to support continued growth and innovation. The transaction replaces approximately $2.3 billion in first-lien debt at an attractive cost of capital. This move further strengthens RP’s financial position and builds upon a series of strategic steps the practice has taken to fortify its balance sheet and support its long-term mission.
“This refinancing reflects both strong financial performance and the confidence investors and lenders have in RP’s business model and strategy,” said Rich Whitney, RP CEO and Board Chair. “This transaction positions us to continue investing in patient care, technology innovation and strategic growth.”
Over the past 18 months, RP has:
- Secured nearly $750 million in new growth equity—one of the largest healthcare equity raises in the past three years—demonstrating strong investor confidence.
- Extended maturities of senior debt from 2025 to 2032 through back-to-back strategic transactions, strengthening long-term financial flexibility and access to capital.
- Earned credit rating upgrades from both S&P and Moody’s while reducing leverage, reinforcing RP’s commitment to disciplined financial management and maintaining a capital structure that supports longer-term business objectives.
These steps enable continued investment in AI and advanced technology, expansion into new client sites and geographies and long-term partnerships focused on continuity of care and clinical value.
“RP is on a strong financial and operational trajectory,” Whitney added. “We are focused on delivering for our patients, physician partners and clients—and this transaction ensures we have the capital resources to do just that for many years to come.”
About Radiology Partners
Radiology Partners, through its affiliated practices, is the leading technology-enabled radiology practice in the U.S., serving more than 3,400 hospitals and other healthcare facilities with high quality radiology, technology and artificial intelligence solutions. As a physician-led and physician-owned practice, our mission is to transform radiology by innovating across clinical value, technology, service and economics, while elevating the role of radiology and radiologists in healthcare. Using a proven healthcare services model, Radiology Partners provides consistent, high-quality care to patients, while delivering enhanced value to the hospitals, clinics, imaging centers and referring physicians we serve. Learn more at radpartners.com and connect with us on LinkedIn, X, Instagram and YouTube.
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Sheila Biggs
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