MedQuest Associates, Inc.

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MedQuest Associates, Inc. - overview

Established

1993

Location

Alpharetta, GA, US

Primary Industry

Healthcare

About

MedQuest Associates, Inc. , located in the US, excels in providing outpatient imaging services, offering a comprehensive suite of radiology solutions that enhance patient care and streamline healthcare operations. MedQuest Associates, Inc. focuses on outpatient imaging services, having been established in 1993 in Alpharetta, US.


The company has completed a total of 5 deals. Its most recent funding round was a Secondary Buyout amounting to USD 350. 000 mn, facilitated by JP Morgan Asset Management, which exited its stake in the company. MedQuest has not reported any changes in business strategy or operations since its inception.


Jason Howard serves as the CEO. MedQuest Imaging specializes in outpatient imaging services, providing a range of radiology solutions such as MRI, CT scans, X-rays, and ultrasounds. With over 60 imaging centers, including independent, hospital-affiliated, and mobile locations across the United States, MedQuest is committed to improving accessibility and efficiency in radiology, primarily serving patients referred by healthcare providers. MedQuest Imaging generates revenue through direct service transactions with healthcare providers and patients, utilizing a fee-for-service model.


Revenue comes from agreements with hospitals and healthcare systems that refer patients for diagnostic procedures, including billing insurance providers and out-of-pocket payments from patients. The pricing for services is influenced by various factors, including service type and contractual terms with referring entities. MedQuest Associates, Inc. is focused on expanding its geographic presence and enhancing its service offerings.


The recent funding of USD 350. 000 mn will support initiatives aimed at launching new imaging products and services to better serve an expanding patient base. Specific markets targeted for growth include underserved urban areas and regions with increasing healthcare demands.


Current Investors

TPG, Novant Health, TA Associates

Primary Industry

Healthcare

Sub Industries

Diagnostic, Medical & Imaging Laboratories

Website

www.mqimaging.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

MedQuest Associates, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Corporate Carve OutAnnounced18 OrthoCarolina, P.A. Imaging Locations-
GrowthCompletedMedQuest Associates, Inc.-
Add-onCompletedThe Imaging Center-
Secondary BuyoutCompletedMedQuest Associates, Inc.-
GrowthCompletedMedQuest Associates, Inc.-

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