Insight Imaging, LLC is a leading regional provider of mobile, non-invasive ultrasound imaging solutions to physician practices, healthcare systems, clinics and other facilities. The Company is headquartered in Charlotte, North Carolina and serves providers in Tennessee, North Carolina, South Carolina, Georgia, Florida and Ohio.
Situation:
- The owner of the company wished to sell the business and pursue other entrepreneurial activities
Challenges:
- Increasing pressure faced in the healthcare industry in lieu of potential changes to legislation in Washington created uncertainty for a wide spectrum of healthcare service providers
- A widely anticipated reduction in future Medicare reimbursements for diagnostic imaging providers began to create downward pressure on the industry as a whole
Successful Solution:
- Anderson LeNeave contacted numerous strategic buyers and a focused group of financial buyers
- The membership interest of Insight Imaging, LLC was sold to II Holdings, LLC, a holding company owned by Management