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RadNet (NASDAQ: RDNT) — Company Overview, News & Financial Data

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Company profile

RadNet

About

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RadNet is a provider of outpatient diagnostic imaging services in the United States. The company operates a network of outpatient imaging centers that perform magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography (PET), nuclear medicine, mammography, ultrasound, diagnostic radiology, and fluoroscopy. RadNet also develops and commercializes artificial intelligence software, healthcare information technology solutions, and radiology workflow management software under brands including DeepHealth and eRAD. In addition to operating standalone imaging centers, RadNet provides administrative and management services to healthcare systems, joint ventures, and medical groups across multiple states.

Snapshot

Public USOwnership
1981Year founded
~11,000Employees
Los Angeles, United StatesHead office
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Global footprint

Operations

All Locations
Los Angeles, US
Somerville, US
Arizona
California
Delaware
Florida
Idaho
Indiana
Maryland
New Jersey
New York
Texas
Virginia

Products and/or services of RadNet

  • Outpatient Imaging Centers: Operates 442 freestanding, fixed-site outpatient diagnostic imaging centers across eleven U.S. states, performing over 12 million procedures annually including magnetic resonance imaging, computed tomography, positron emission tomography, mammography, ultrasound, and X-ray exams.
  • Artificial Intelligence Solutions: Develops AI software applications through its digital health division for screening, clinical decision support, and diagnostic triage, offering targeted algorithms for breast, lung, prostate, and neurological health imaging workflows.
  • Technology Solutions: Delivers cloud-based radiology software and enterprise IT infrastructure through eRAD, providing radiology information systems, picture archiving and communication systems, image distribution platforms, and clinician workflow automation tools.
  • Hospital Partnerships: Formulates joint ventures and co-management agreements with health systems, hospitals, and accountable care organizations to manage outpatient radiology facilities and streamline diagnostic imaging operations across regional care networks.
  • Payor Solutions: Manages capitated reimbursement models, utilization reviews, and administrative services for health plans and medical groups, handling risk-based healthcare delivery and diagnostic scheduling for insured patient populations.
  • Centers of Excellence: Operates specialized outpatient imaging facilities focused on advanced subspecialty diagnostics, integrating dedicated clinical protocols and specialized radiologist expertise for complex oncological, neurological, cardiovascular, and musculoskeletal imaging conditions.

RadNet executive team

  • Dr. Howard G. Berger M.D.Chairman, President & CEO
  • Mr. Mark D. StolperExecutive VP & CFO
  • Mr. Norman R. HamesPresident & CEO of Western Operations
  • Mr. Stephen M. ForthuberPresident & CEO of Eastern Operations
  • Dr. A. Gregory Sorensen M.D.Executive VP, Chief Strategy Officer & Director
  • Mr. Cornelis Wesdorp Ph.D.President & CEO of Digital Health
  • Mr. Mital PatelExecutive VP & COO
  • Ms. Susan HollabaughChief Information Officer
  • Ms. Laura Foster BSRT, J.D., MPHSenior Vice President of Compliance & Regulatory Affairs
  • Mr. David Jeffrey Katz Esq.Executive VP, Chief Legal Officer & Corporate Secretary