Radiology Partners (RP)

Employment

Highly variable by affiliated practice. Most radiologists employed by local affiliated practice entity (not RP directly). Compensation: productivity-based wRVU model typical; equity participation in local practice. RP Matrix AI platform deployed across practice. vRad platform now licensed to external groups (Nov 2025).

History

Founded 2012 in El Segundo, CA by Rich Whitney (Chairman/CEO) and three co-founders. Grew through aggressive acquisition of independent radiology practices. 2020: Acquired Mednax Radiology ($885M) — added vRad (500+ rads) and expanded to 3,000+ rads. 2022: 3,300+ radiologists, 3,250+ sites, 53M+ exams, 17 of 20 largest health systems. 2025: ~4,000+ radiologists. Restructured $2.7B debt load (Whistler Capital majority takeover). HQ moved Nashville TN Aug 2025. Nov 2025: Commercialized vRad platform for external practice licensing. Serves 17 of 20 largest US health systems. Partners with Aon for cybersecurity services.

Technical Component

Does not own imaging centers directly. Hospital-based and outpatient-based professional services (PC/PSA). vRad arm provides teleradiology to 2,000+ facilities. Some local affiliated practices have TC ownership interests.