Delray Beach, Fla.-based healthcare technology management company 626 Holdings, LLC, announces the acquisition of Innovatus Imaging’s computed radiography (CR) and digital radiography (DR) portfolios.
“While COVID-19 was a devastating event for the U.S., the world, and our industry, it did provide an opportunity to appreciate and continue to grow our business,” says 626 CEO Philip Revien. “The work of our FSE’s (closing in on 100) during the crisis was as impressive as the loyalty our customers showed us during this period. As we looked at areas of growth in a post-crisis space, we used the time to add the CR and DR business of Innovatus. This will be a great addition to our already successful Walsh Imaging portfolio. It provides a national reach to our established radiology service businesses in the eastern U.S. and we are thrilled with the customer alignment.”
Dave Johnson, CEO of Innovatus, also spoke out about the acquisition, commenting:
“Innovatus made this move to better prepare us to grow our core businesses. We selected a partner that would take great care of our customers and would be a long-term, successful home for our engineers servicing this market. Who better than 626?”
626’s purchase of Walsh Imaging two years ago, ISS in late 2019, and the Innovatus CR-DR business follows their approach to base acquisitions on what matters most to them: “family fit” and customer need. This method has proven to be successful as they were able to double Walsh Imaging’s business within two years and they have already begun to scale the ISS business.
Company officials say they plan to do the same with the Innovatus CR/DR business.
