Radisphere Raises $10 Million Investment

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Radisphere recently reported that it received another $10 million equity investment, based on documents filed with the Securities and Exchange Commission.

The national radiology group specializes in on-site and teleradiology services to community hospitals. The company says it plans to raise an additional $5 million, based on the SEC filing.

Radiology outsourcing companies have been an increasingly popular investment as hospitals continually look to save costs. In November, CEO Scott Seidelman told MedCityNews.com that it raised $75 million over the past decade.