Profile: RadNet Inc (RDNT.OQ)
15 Dec 2017
RadNet, Inc., incorporated on June 19, 2008, is a provider of freestanding, fixed-site outpatient diagnostic imaging services in the United States. As of December 31, 2016, the Company operated directly or indirectly through joint ventures, 305 centers located in California, Delaware, Florida, Maryland, New Jersey, New York and Rhode Island. Its centers provide physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders. Its services include magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography (PET), nuclear medicine, mammography, ultrasound, diagnostic radiology (X-ray), fluoroscopy and other related procedures. As of December 31, 2016, the Company had in operation 257 MRI systems, 157 CT systems, 47 PET or combination PET/CT systems, 48 nuclear medicine systems, 479 X-ray systems, 279 mammography systems, 551 ultrasound systems and 104 fluoroscopy systems.
In addition to imaging services, the Company's subsidiary, eRAD, Inc., develops and sells computerized systems for the imaging industry, including Picture Archiving Communications Systems (PACS). Imaging On Call LLC, a subsidiary of the Company, provides teleradiology services for remote interpretation of images on behalf of radiology groups, hospitals and imaging center customers. As of December 31, 2016, the Company operated 138 fixed-site, freestanding outpatient diagnostic imaging facilities in California, nine in Delaware, three in Florida, 59 in Maryland, 19 in New Jersey, 19 in the Rochester and Hudson Valley areas of New York, 53 in New York City, as well as five in Rhode Island.
The Company competes with Alliance Healthcare Services, Inc. and Diagnostic Imaging Group.
1510 Cotner Ave
LOS ANGELES CA 90025-3303
Company Web Links
- BRIEF-RadNet reports Q3 earnings per share $0.07
- BRIEF-Nantcapital completes equity investment in Radnet with purchase of 1.1 mln Radnet shares
- BRIEF-Radnet Inc director Michael Sherman sells 8,035 shares of co's common stock on Sept 11
- BRIEF-Radnet, Nantworks and Verity Health System announce strategic relationships
- BRIEF-Radnet reports Q2 earnings per share $0.11