RDNT News & Events

RadNet announced the formation of a joint venture with Saint Alphonsus Health System through the acquisition of a majority equity position in Intermountain Medical Imaging, the owner of five outpatient multi-modality imaging centers in Boise, Idaho. The Idaho-based joint venture with Saint Alphonsus Health System, which is part of Trinity Health, operates three multimodality outpatient imaging centers in Meridian and Eagle, as well as facilities at two Saint Alphonsus medical centers. The existing contracted radiology practice for the joint venture, Gem State Radiology, will continue providing professional radiology services to the five locations through its network of nearly 30 radiologists. RadNet will assume management of the operations for each of the five locations. The centers currently offer a mix of MRI, CT, PET/CT, mammography, ultrasound, X-ray and other related procedures. The new joint venture is projected to generate approximately $30M in annual revenue for RadNet.

GE HealthCare (GEHC) announced an expanded collaboration with DeepHealth, a player in AI-powered health informatics and a wholly owned subsidiary of RadNet, Inc. (RDNT), to further the innovation, commercialization, and adoption of advanced AI-powered mammography tools. The announcement coincides with the Society of Breast Imaging Annual Symposium, where GE HealthCare will showcase its latest advancements in breast imaging and women's health. "At GE HealthCare, we're advancing women's health through precision care built around the unique needs of women and enhanced by the power of AI," said Jyoti Gupta, PhD, President and CEO, Women's Health and X-ray at GE HealthCare. "By integrating Breast Suite AI with our Pristina Via(TM) mammography system, we're helping clinicians detect breast cancer early with greater confidence. These innovations move us closer towards truly personalized prevention and care for women."