Apex Physics Partners (APP) Deepens Its National Footprint with New Partnership in Ohio
May 21, 2024TOWSON, MD – Apex Physics Partners (“APP”), the largest outsourced medical physics services company in North America, announced it has partnered with Spectrum Medical Physics Inc. (“Spectrum” or the “Company”). Founded by Board-certified medical physicists Patrick Diltz and Ron Froehlich, Spectrum is the leading provider of therapy medical physics and dosimetry consulting services in western Ohio and operates a well-regarded, CAMPEP-approved training and residency program in therapy medical physics. Together with APP’s existing practice group partner Ohio Medical Physics Consulting (“OMPC”), the Spectrum partnership helps solidify APP’s leadership in medical physics services for the state of Ohio and the broader Midwest.
“Ron and I founded Spectrum in early 2000 to serve our communities’ hospitals, health systems, and cancer care facilities with differentiated medical physics and dosimetry services,” said Spectrum President Patrick Diltz. “Since then, we have built a strong reputation in western Ohio. In partnership with OMPC, our combined organization becomes our region’s undisputed leader in therapy medical physics and dosimetry services.”
“Our partnership with Spectrum cements Apex’s leadership position and reputation for clinical excellence in the Ohio market, which will allow us to provide even stronger support to our existing and new healthcare clients,” commented APP Chief Growth Officer, Hayden White. “Patrick, Ron, and Spectrum’s talented team are highly trusted by their healthcare clients for their clinical expertise and dedication to patient safety, and we are thrilled to support the growth of their residency program.”
Ron Froehlich added, “We have built something special at Spectrum over the last two decades, and in working with Apex over the last few months, it has become clear that we can build something even greater together.”
With the addition of Spectrum’s program, APP now offers four residency programs nationwide, with specialized curricula for both diagnostic and therapy medical physics.
APP provides its partner practice groups with comprehensive business and operations support services, which enable them to realize accelerated, sustainable growth; offer additional diagnostic and therapy medical physics services to their customers; and attract and retain top talent.
APP is backed by Blue Sea Capital, a West Palm Beach-based private equity firm with over $1.4 billion in assets under management.
“APP continues to demonstrate its industry leadership as the preferred partner of choice for best-in-class medical physics businesses seeking a growth-oriented partner,” added Erin Lansky, Principal at Blue Sea Capital. “We are thrilled to welcome Patrick, Ron, and the entire Spectrum team to the growing APP family, and we anticipate announcing additional medical physics partnerships in the coming months.”
About Apex Physics Partners
Apex Physics Partners (https://apexphysicspartners.com/) is the largest outsourced medical physics services organization in North America, offering diagnostic and therapy medical physics services to large hospital systems, healthcare facilities, imaging centers and cancer care groups throughout the U.S. Through the Apex Physics Support Group, partner physics practices receive an array of differentiated support services, including client services, accounting/finance, sales and marketing, human resources, technical recruiting, information technology and data analytics, vendor management, legal, and insurance.
Blue Sea Capital is a private equity firm based in West Palm Beach, Florida that invests in growth-oriented lower middle market companies valued up to $300 million. The firm has over $1.4 billion in assets under management and invests across three industry verticals: aerospace & defense, healthcare and industrial growth. Blue Sea Capital’s strategy is to partner with talented leaders and differentiated companies, typically as the first or second institutional investor, and deliver strategic and operational value-add that drives growth acceleration, industry outperformance and business transformation.