HealthQuest Capital has finally bought a minority stake in Royal Health Inc., a highly recommended provider of radiology technology. The actual dollar figure of the investment has not been revealed, but this recapitalization has lifted Royal Health’s enterprise value seven-fold from its funding in 2019.
The investment will enable the company to scale up, grow its technologies, and penetrate deeper into the United States and other global markets.
Royal Health Inc Focus on Radiology Innovation
Royal Health is famous for developing products that will enhance efficiency in the delivery of radiology services. From this investment, the company is sure to extend more advancement of what is today a very rapidly evolving sector. There is no doubt that Royal Health’s ambition is to be at the forefront of creating better, faster solutions for radiology.
CEO’s comment on the Partnership
Royal Health’s CEO and Founder, Peter Nassif, stated that developing the partnership with HealthQuest Capital would be great. He said, “This investment will enable the company to step up the delivery of superior value to imaging centers and healthcare professionals, patients.”
We have never worked with professionals whose background and career goals would be so in harmony with our goal of transforming the field of radiology.
HealthQuest Capital’s Confidence in Royal Health
HealthQuest Capital’s investment director, Sharath Reddy, was also optimistic about the company, noting that Royal Health is leading a vital revolution in radiology.
He focused on the fact that Royal Health has one of its key strategic directions connected with the problems like inefficiency, staff deficit, and patients’ satisfaction.
Using this funding, Royal Health aims to diversify its offerings, increase the speed of innovation, and assist practitioners in dealing with changes in the field of radiology.