RadNet Overview

  • Year Founded
  • 1980

Year Founded

  • Status
  • Public

  • Employees
  • 10,288

Employees

  • Stock Symbol
  • RDNT

Stock Symbol

  • Investments
  • 82

  • Share Price
  • $57.45
  • (As of Friday Closing)

RadNet General Information

Description

RadNet Inc is a national provider of diagnostic imaging services that operates in two business segments; The Imaging Center segment provides physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders. 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, and Artificial Intelligence segment develops and deploys clinical applications to enhance interpretation of medical images and improve patient outcomes with an emphasis on brain, breast, prostate, and pulmonary diagnostics. The company derives a majority of its revenue from the Imaging center segment.

Contact Information

Website
www.radnet.com
Formerly Known As
Primedex Health Systems, Primedex Health Systems Inc
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Clinics/Outpatient Services
Other Industries
Laboratory Services (Healthcare)
Stock Exchange
NAS
Corporate Office
  • 1510 Cotner Avenue
  • Los Angeles, CA 90025
  • United States
+1 (310) 000-0000

RadNet Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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RadNet Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$57.45 $57.58 $25.11 - $58.59 $4.24B 73.9M 601K $0.33

RadNet Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 4,917,843 3,733,779 2,568,922 2,953,507
Revenue 1,657,773 1,616,630 1,430,061 1,315,077
EBITDA 309,722 292,786 278,534 278,370
Net Income 21,270 3,044 10,650 24,727
Total Assets 2,969,555 2,690,473 2,433,907 2,058,474
Total Debt 1,523,130 1,491,120 1,513,468 1,397,789
Public Fundamental Data provided by Morningstar, Inc. disclaimer

RadNet Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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RadNet Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
RadNet Inc is a national provider of diagnostic imaging services that operates in two business segments; The Imaging Cen
Clinics/Outpatient Services
Los Angeles, CA
10,288 As of 2023
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St. Louis Park, MN
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000000000000000000 0
Boca Raton, FL
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RadNet Competitors (12)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Rayus Radiology Private Equity-Backed St. Louis Park, MN 0000 00000 000000000 00000
University MRI Corporation Boca Raton, FL
PerkinElmer Private Equity-Backed Shelton, CT 0000 00.00 000000000 00
ARUP Laboratories Corporation Salt Lake City, UT 0000 0000000000
Quest Diagnostics Corporation Secaucus, NJ 00000 00.00 000000000 00 00.00
You’re viewing 5 of 12 competitors. Get the full list »

RadNet Executive Team (16)

Name Title Board Seat Contact Info
Howard Berger MD Chief Executive Officer & Chairman
Norman Hames Chief Operating Officer, Operations & President
Stephen Forthuber Chief Operating Officer, Operations & President
Mark Stolper Chief Financial Officer, Finance & Chief Accounting Officer, Accounting
Michael Abiri MD Managing Director
You’re viewing 5 of 16 executive team members. Get the full list »

RadNet Board Members (2)

Name Representing Role Since
0000 00000000 RadNet Chief Scientific Officer & Board Member 000 0000
000000 000000 00 RadNet Chief Executive Officer & Chairman 000 0000
To view RadNet’s complete board members history, request access »

RadNet Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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RadNet Investments & Acquisitions (82)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
RadNet (Six Imaging Center Assets in Houston, Texas) 10-Apr-2024 000000000 Buildings and Property
Houston Medical Imaging (7 Imaging Centers Located in Houston, Texas) 01-Apr-2024 000000000 Buildings and Property 000000 00
Grossman Imaging Centers 31-Mar-2024 0000000000 000.00 Clinics/Outpatient Services
Tri Valley Imaging Group 01-Mar-2024 00000 0000 Other Healthcare Technology Systems 000000 00
Heart & Lung Health 01-Nov-2022 Merger/Acquisition 000.00 Clinics/Outpatient Services 000000 00
You’re viewing 5 of 82 investments and acquisitions. Get the full list »

RadNet Subsidiaries (17)

Company Name Industry Location Founded
Heart & Lung Health Clinics/Outpatient Services London, United Kingdom 2020
Aidence Other Healthcare Technology Systems Amsterdam, Netherlands 0000
DeepHealth (Healthcare Technology Systems) Other Healthcare Technology Systems Somerville, MA 0000
Quantib Decision/Risk Analysis Rotterdam, Netherlands 0000
Healthcare Radiology & Diagnostic Systems Clinics/Outpatient Services NY 0000
You’re viewing 5 of 17 subsidiaries. Get the full list »

RadNet ESG

Risk Overview

Risk Rating

Updated December, 01, 2023

31.64 | High Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,421

Rank

00.00

Percentile

Healthcare

Industry

00 of 645

Rank

00.00

Percentile

Medical Services

Subindustry

00 of 111

Rank

00.0

Percentile

To view RadNet’s complete esg history, request access »

RadNet Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
Tower Imaging 01-Jan-1994 000000000000000000 Completed
  • 000000
To view RadNet’s complete exits history, request access »

RadNet FAQs

  • When was RadNet founded?

    RadNet was founded in 1980.

  • Who is the founder of RadNet?

    Howard Berger MD and Avi Domoshevizki are the founders of RadNet.

  • Who is the CEO of RadNet?

    Howard Berger MD is the CEO of RadNet.

  • Where is RadNet headquartered?

    RadNet is headquartered in Los Angeles, CA.

  • What is the size of RadNet?

    RadNet has 10,288 total employees.

  • What industry is RadNet in?

    RadNet’s primary industry is Clinics/Outpatient Services.

  • Is RadNet a private or public company?

    RadNet is a Public company.

  • What is RadNet’s stock symbol?

    The ticker symbol for RadNet is RDNT.

  • What is the current stock price of RadNet?

    As of 17-May-2024 the stock price of RadNet is $57.45.

  • What is the current market cap of RadNet?

    The current market capitalization of RadNet is $4.24B.

  • What is RadNet’s current revenue?

    The trailing twelve month revenue for RadNet is $1.66B.

  • Who are RadNet’s competitors?

    Rayus Radiology, University MRI, PerkinElmer, ARUP Laboratories, and Quest Diagnostics are some of the 12 competitors of RadNet.

  • What is RadNet’s annual earnings per share (EPS)?

    RadNet’s EPS for 12 months was $0.33.

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