Kain Capital has completed an investment in RadX, a community-based outpatient radiology center network operating in Alabama, Florida, Georgia, Maryland, Michigan, and Tennessee.
The firm did not disclose the terms of the transaction but said the funding will support continued expansion, including recruiting additional physician and operational talent, investing in technology and patient experience initiatives, and pursuing strategic growth opportunities across existing and adjacent markets.
RadX was cofounded by Chintan Desai, MD, who currently serves as CEO, and Mona Patel. The company operates 26 locations and provides a broad range of diagnostic imaging services within community-based outpatient settings, according to the firm.
