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HCAP Partners Completes First Acquisition for Integrated Diagnostic Services Platform

First Choice Mobile Radiology acquisition marks initial step in expanding mobile diagnostic services across the Western U.S.

byRita Garwood
April 23, 2025
in News, Deal Announcements

SAN DIEGO — HCAP Partners, a California-based private equity firm and nationally recognized impact investor, today announced the first acquisition under its new imaging platform, Integrated Diagnostic Services (IDS), with the purchase of First Choice Mobile Radiology Services, LLC (“FCMR”), a leading Southern California provider of mobile X-ray, ultrasound, EKG, and echocardiogram services. Terms of the investment were not disclosed.

This acquisition follows HCAP Partners’ March 2025 launch of IDS, which was created to expand access to mobile diagnostics for senior care and home health populations. FCMR has a well-established presence in the market and serves skilled nursing facilities (SNFs), long-term care facilities (LTCFs), and home health and hospice agencies.

Its seasoned team of licensed x-ray technologists and sonographers deliver bedside imaging services in fully equipped mobile units—eliminating the need for patient transportation, reducing cost, and improving healthcare outcomes through faster care.

“We’re proud to welcome First Choice Mobile Radiology into the IDS family,” said Kelly McCullum, CEO of Integrated Diagnostic Services. “Kurt and his team have built a solid, trusted business, and this acquisition is an important step in expanding access and strengthening mobile diagnostics for aging and home-based populations.”

“There is a significant opportunity to improve how diagnostics are delivered across senior care and home health settings by building a high-quality, differentiated platform,” said Hope Mago, Partner at HCAP Partners. “We formed IDS with the belief that we could help reshape access to care—and with the close of FCMR, we’re taking that vision forward.”

FCMR is the first of several anticipated acquisitions designed to build a regional platform of high-performing mobile diagnostic providers. By expanding its geographic footprint and enhancing access to timely diagnostics, IDS aims to deliver better outcomes for patients and providers alike.

As the platform grows, IDS remains committed to creating high-quality jobs for its distributed workforce in alignment with HCAP Partners’ Gainful Jobs Approach™—ensuring its workforce is as strong and responsive as the care it provides.

“Joining IDS is a great next step for First Choice,” said Kurt Stewart, founder of FCMR. “We’ve spent years building strong relationships and delivering care where it’s needed most. This partnership gives us the opportunity to reach more patients and continue raising the bar for mobile imaging.”

The transaction was led by Hope Mago and Jessica Kim of HCAP Partners. Kurt Stewart, founder of FCMR, will continue to support the business through its next phase of growth as President of Operations. Integrated Diagnostic Services is led by industry veterans Kelly McCullum and Rick Navarro.

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