RadNet Inc - Company Profile

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RadNet Inc: Overview

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RadNet Inc (RadNet) provides outpatient diagnostic imaging services. The company offers diagnostic imaging solutions including magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography (PET), nuclear medicine, digital mammography, ultrasound, digital X-ray, fluoroscopy, bone density scan, and others. It also offers technological solutions related to patient information monitoring systems and cancer imaging in the areas of musculoskeletal MRI, abdominal imaging, brain, head and spine imaging, cardio and vascular imaging, breast MRI, chest imaging, and prostate imaging. The company offers its services through a network of outpatient imaging centers in Arizona, California, Delaware, Maryland, Florida, New Jersey, and New York. RadNet is headquartered in Los Angeles, California, the US.

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Headquarters United States of America
Address 1510 Cotner Ave, Los Angeles, California, 90025
Website www.radnet.com
Telephone 1 310 4787808
No of Employees 7,872
Industry Medical Equipment
Ticker Symbol & Exchange RDNT (NASD)
Revenue (2022) $1.6B 13% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ -71.4% (2022 vs 2021)
Market Cap* $3.5B
Net Profit Margin (2022) XYZ -74.3% (2022 vs 2021)
* As of and is in US$
View RadNet Inc financials
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RadNet Inc premium industry data and analytics

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Medical Clinical Trials

A database of clinical trials planned, currently ongoing, completed, suspended, withdrawn, and terminated in countries around the world.

3

Medical Pipeline Products

A database of medical devices that are in the process to get approved for sale around the world. Devices that are in development, through to those in the approval process are included.

1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for RadNet Inc (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on RadNet Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Services
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Magnetic Resonance Imaging (MRI)
Computed Tomography (CT)
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In April, the company signed an agreement to acquire the assets of six imaging centers in Houston, Texas, the US.
2024 Contracts/Agreements In February, the company signed an agreement to acquire the assets of seven imaging centers in the greater Houston, Texas metropolitan area from Houston Medical Imaging, LLC.
2024 Contracts/Agreements In February, the company formed a new diagnostic imaging career training program in partnership with JVS SoCal.
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Competitor Comparison

Key Parameters RadNet Inc Quest Diagnostics Inc Sonic Healthcare Ltd Varian Medical Systems Inc Varex Imaging Corp
Headquarters United States of America United States of America Australia United States of America United States of America
City Los Angeles Secaucus Sydney Palo Alto Salt Lake City
State/Province California New Jersey New South Wales California Utah
No. of Employees 7,872 40,000 41,000 - 2,300
Entity Type Public Public Public Private Public
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Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
Executives
Name Position Board Since Age
Howard G. Berger, M.D. Chairman; President; Chief Executive Officer Executive Board 1992 78
Mark D. Stolper Chief Financial Officer; Executive Vice President Senior Management 2004 51
Ranjan Jayanathan Chief Information Officer Senior Management 2021 66
David J. Katz Chief Legal Officer; Secretary; Executive Vice President Senior Management 2020 59
Mital Patel Executive Vice President - Financial Planning and Analysis; Chief Administrative Officer Senior Management 2021 37
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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