WINSTON-SALEM, N.C. – Novant Health, in collaboration with MedQuest Associates, has signed an agreement to acquire 18 OrthoCarolina imaging locations in a continued effort to enhance affordable imaging services across the Carolinas. As part of the transaction, Novant Health has acquired fixed and mobile MRI assets from OrthoCarolina at locations in and around the Triad and Charlotte regions, Laurinburg, Fort Mill and more. OrthoCarolina will continue to facilitate patient care through a transition period, with day-to-day management of operations shifting to MedQuest.
“Novant Health is always looking for new ways to offer more value to our patients and make important services like imaging more accessible,” said Dean Swindle, executive vice president and chief strategy officer, Novant Health, and president of Novant Health Enterprises. “Two years ago, we announced our commitment to help expand MedQuest across the country, and this new agreement is another step in our journey to make imaging services more affordable. OrthoCarolina and MedQuest share our commitment to provide access to high-quality care, and we look forward to continued collaboration to support our patients and create healthier communities.”
Operationally, Novant Health and OrthoCarolina have taken steps to ensure there will be a seamless transition of services for patients.
"OrthoCarolina is excited to forge this new agreement with Novant Health and MedQuest," said Dr. Leo Spector, CEO of OrthoCarolina. "This commitment allows us to further enhance the exceptional orthopedic care and patient experience we are known for by aligning our imaging teams with a premier leader in medical imaging. With this agreement, we can ensure our shared patients receive top-quality imaging care while continuing to deliver the outstanding orthopedic services they expect from OrthoCarolina. We are excited about the future and remain committed to being the provider of choice for orthopedic care in the Carolinas."
Bailey & Company served as financial advisor to OrthoCarolina on this transaction.
With roots dating back more than 25 years, MedQuest is one of the nation’s most experienced outpatient imaging providers. They partner with healthcare systems to deliver a full range of high-quality diagnostic imaging solutions that benefit patients, referring physicians and hospitals, and currently operate more than 50 outpatient centers and mobile radiology units.
“MedQuest welcomes our new team members from OrthoCarolina and is pleased to offer a smooth transition for patients,” said Bruce Elder, chief development officer, MedQuest. “Imaging is a critical component of the care continuum and serves as the foundation for helping patients receive the accurate diagnoses and treatments they need. Together, with Novant Health, we can facilitate the further expansion of imaging services to better serve patients across the Carolinas.”
The 18 locations include:
North Carolina locations
- Charlotte Region
- 15825 Ballantyne Medical Place, Charlotte, NC 28277
- 2001 Randolph Road, Charlotte, NC 28207
- 9848 N. Tryon St., Charlotte, NC 28262
- 710 Park Center Drive, Matthews, NC 28105
- 703 Comfort Lane, Monroe, NC 28112
- 354 Copperfield Blvd., Concord, NC 28025
- 870 Summit Crossing Place, Gastonia, NC 28054
- 540 Mount Holly Medical Parkway, Belmont, NC 28012
- 10315 Hamptons Park Drive, Huntersville, NC 28078
- 124 Welton Way, Mooresville, NC 28117
- 101 Delta Park Drive, Shelby, NC 28150
- 214 18th St. SE, Hickory, NC 28602
- 1604 Medical Drive, Laurinburg, NC 28352
- Triad Region
- 445 Pineview Drive, Kernersville, NC 27284
- 3311 Jessie Village Drive, Clemmons, NC 27012
- 170 Kimel Park Drive, Winston-Salem, NC 27103
South Carolina locations
- 6237 Carolina Commons Drive, Indian Land, SC 29707
- 601 S. Sutton Road, Fort Mill, SC 29715
About MedQuest Associates
Founded in 1996, MedQuest is one of the most experienced outpatient imaging providers in the United States. Through direct ownership and joint ventures, the company operates a mixed network of independent and hospital-affiliated radiology centers that provide a full range of high-quality diagnostic imaging solutions for patients, referring physicians, and hospitals. Proprietary systems and processes enable MedQuest to optimize operations, control costs, and deliver an unmatched experience. To learn more, visit MQImaging.com.
About Novant Health
Novant Health is an integrated network of more than 900 locations, including 19 hospitals, more than 750 physician clinics and urgent care centers, outpatient facilities, and imaging and pharmacy services. This network supports a seamless and personalized healthcare experience for communities in North Carolina and South Carolina. Novant Health is nationally recognized for our unwavering commitment to safety and the highest quality care, and we serve as a catalyst for healthcare transformation through clinical trials, leading-edge research, innovative care delivery models and robust virtual care networks. The expertise and empathy of our more than 40,000 team members along with more than 8,500 independent and employed clinicians are at the heart of Our Cause as industry leaders caring for communities across the Carolinas. In 2023, Novant Health provided more than $1.6 billion in community benefit, including financial assistance and services.
For more information, visit NovantHealth.org. Follow Novant Health on Facebook, Instagram, X and LinkedIn.
About OrthoCarolina
Since 1922, OrthoCarolina has been a distinguished and reputable physician-owned and physician-led orthopedic practice that prioritizes delivering exceptional patient-centered care and pioneering solutions. As industry leaders in their respective specialties, OrthoCarolina consistently pushes the boundaries of medical advancements and actively contributes to the training of new specialists. Their mission is to enhance accessibility to unparalleled orthopedic care while simultaneously reducing costs for their valued patients. With an extensive network of over 40 locations and seven Orthopedic Urgent Care Centers (OUCs) across the Carolinas, OrthoCarolina ensures patients receive comprehensive and convenient orthopedic access across the care continuum. Learn more at OrthoCarolina.com.
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