Akumin Inc., a national provider of outpatient radiology and oncology services, and Northern Nevada Sierra Medical Center (SMC) today announced a new partnership to expand radiation oncology services in the Nevada market. The partnership is a joint venture inclusive of two local, independent oncology physician groups, Radiation Oncology Associates (ROA) and Cancer Care Specialists (CCS).
Akumin Inc. ("Akumin" or the "Company") announced today that Krishna Kumar, who has served as President and Chief Operating Officer at the Company, has been appointed Chief Executive Officer, effective immediately. He succeeds Riadh Zine, Akumin's Founder, who is stepping down as Chairman and Chief Executive Officer. Akumin also announced that Chandra Westergaard has been named General Counsel and will oversee the Company's legal and compliance functions.
Akumin Inc. ("Akumin" or the "Company") today announced that it has completed its deleveraging transaction, becoming a private company wholly-owned by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets. The deleveraging and recapitalization transaction was implemented through a voluntary, court-supervised financial restructuring process, which is now complete.