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Twin Cities radiology group joins consortium rather than sell to private equity

A Twin Cities radiology group has joined a national consortium of independent practices after deciding not to sell itself to private equity investors.

Minneapolis Radiology Associates, which employs 26 physicians and runs six clinics, announced it will become part of Palmetto, Fla.-based Strategic Radiology Corp. last week. 

“We recently concluded decisively that we are not interested in a private equity/venture capital relationship,” said Troy Roovers, CEO of Minneapolis Radiology Associates,…

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