In 2021, Novant Health was the highest-ranking healthcare system in North Carolina to be included on Forbes’ Best Employers for Diversity list. The Novant Health network consists of more than 2,400 physicians and over 37,000 employees who provide care at more than 800 locations, including 18 hospitals and hundreds of outpatient facilities and physician clinics. Novant Health is an integrated network of physician clinics, outpatient facilities and hospitals that delivers a seamless and convenient healthcare experience to communities in Virginia, North and South Carolina, and Georgia. We look forward to investing in the future growth of MedQuest to ensure best-in-class care for patients nationwide." "TPG has a long history of innovative partnerships with leading health systems, including through our investments in GoHealth Urgent Care and Surgical Care Affiliates, among others. We believe the company is well-positioned to build its platform in existing markets and establish joint venture partnerships in new markets," said Zach Ferguson, a Managing Director with TPG Growth. "We have known the leadership team at Novant for a number of years and are excited to partner with such a high caliber organization to continue building MedQuest. Armato, Novant Health President and Chief Executive Officer. "Leveraging the comprehensive capabilities of MedQuest and TPG's business-building aptitude, joint venture experience, and collective health system relationships, this partnership will ensure a high standard of care for those receiving imaging services," said Carl S. As part of this new venture, the initial owned and managed imaging centers span Virginia, North Carolina, Maryland, Mississippi, and South Carolina, and MedQuest intends to quickly expand its services through new joint ventures with healthcare providers across the country. MedQuest has more than 20 years of experience partnering with hospitals and health systems to develop and execute outpatient radiology strategies, including owning and managing freestanding outpatient and mobile imaging centers, both stand-alone and through joint ventures. TPG’s investment in the partnership is being made through TPG Growth, the firm’s middle market and growth equity platform. & SAN FRANCISCO, January 23, 2023-( BUSINESS WIRE)-Novant Health Enterprises, a division of Novant Health, a nationally recognized not-for-profit health system, and TPG, a leading global alternative asset management firm, have announced an innovative new partnership to expand MedQuest Associates ("MedQuest") across the country. IT IS A VIOLATION PUNISHABLE UNDER LAW FOR ANY PERSON UNDER THE AGE OF TWENTY-ONE TO PRESENT ANY WRITTEN EVIDENCE OF AGE WHICH IS FALSE, FRAUDULENT OR NOT ACTUALLY HIS/HER OWN FOR THE PURPOSE OF ATTEMPTING TO PURCHASE ANY ALCOHOLIC BEVERAGE.CHARLOTTE, N.C.
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