Want to Invest in RadPartners?

RadPartners is desperately trying to raise capital to pay off its debts via another round of equity funding (i.e. creating and selling new shares of preferred stock).

If successful, this would dilute the value of shares held by current shareholders (historically, ~40% of the company was owned by current or former RP radiologists). In reality, I have a tough time imagining any large investors putting enough good money into something predicted to go bankrupt within the next two years to shift the course of the Titanic.


RuPert Isgarbage 07.01.23 Reply

I hope they go IPO so I can short them. I’ve never seen a more clearcut case of a non-viable business model. The canary in the coal mine will be when high level execs start leaving. Once that starts happening, you know their goose is cooked!

Ben 07.01.23 Reply

No IPO is forthcoming, but they’ve already had substantial executive turnover. The most recent is the SVP of Operations for the Midwest Area, who is leaving July 14.

John Hays 04.01.24 Reply

I was “bought out” by them as a small radiology group. They are crooks, never paid me my by out, and fired us within a year. I ran my own group for years. They are incompetent. I had 4-5 people who know nothing about medicine telling me how to work. I did fine by my self and made a ton more money. The whole concept should be illegal- kinda business people telling doctors how to work and what to do. I hope they do go bankrupt, but Ben, what do you think of their bail out in February?

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