RadNet, Inc. is a leading provider of outpatient diagnostic imaging services in the United States, operating a network of approximately 350 imaging centers across seven states, including California, New York, and Florida. Established in 1985 and headquartered in Los Angeles, the company offers a comprehensive range of services, including magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography (PET), nuclear medicine, mammography, ultrasound, and diagnostic radiology. Additionally, RadNet develops and sells advanced computerized systems for the diagnostic imaging sector and offers teleradiology services for remote interpretation of medical images. The company is also focused on integrating artificial intelligence into its services, particularly in areas such as breast health, to enhance image interpretation and improve patient outcomes. With a workforce of approximately 9,000 employees, RadNet is the largest owner and operator of fixed diagnostic imaging centers in the United States.
iCAD, Inc., established in 1984 and headquartered in Nashua, New Hampshire, specializes in cancer detection and therapy solutions. It offers a range of software tools for digital breast tomosynthesis and breast density analysis, along with AI-driven algorithms for detecting malignant soft-tissue densities and calcifications in mammography images. The company also provides radiation therapy systems, such as the Xoft Axxent electronic brachytherapy system, used to treat early-stage cancers. iCAD serves healthcare centers worldwide through direct sales and partnerships with OEMs, distributors, and resellers.
Heart & Lung Health
Acquisition in 2022
Heart & Lung Health specializes in the early and accurate diagnosis of lung and cardiac conditions, leveraging the expertise of award-winning cardiothoracic radiologists. The company offers its diagnostic services to a variety of clients, including NHS Targeted Lung Health Checks, academic institutions, corporate imaging services, and private hospitals. By delivering individualized diagnostic reports for all cardiothoracic imaging, Heart & Lung Health aims to enhance patient outcomes through timely and precise assessments of lung and heart health.
Aidence
Acquisition in 2022
Aidence is a company that develops intelligent software aimed at improving the management of lung cancer. With a team of over 80 professionals, including data scientists, software engineers, and medical experts, Aidence has created its first clinical application, Veye Lung Nodules. This AI-driven solution assists in the management of pulmonary nodules identified in CT scans and is currently in use in routine clinical settings and lung cancer screening programs throughout Europe. The platform transforms complex data into practical information, enabling healthcare providers to enhance patient outcomes through quicker diagnoses, reduced misdiagnosis risks, and improved detection of early-stage lung cancer.
Quantib
Acquisition in 2022
Quantib is a developer of advanced radiology software that leverages artificial intelligence and machine learning to enhance diagnostic accuracy and efficiency. The company's technology focuses on the analysis of medical images, specifically MRI and CT scans, to provide objective and insightful reports. By employing techniques such as segmentation, classification, quantification, and visualization, Quantib's software streamlines the diagnostic workflow for physicians and researchers. This innovative approach aims to address complex challenges in medical imaging, ultimately supporting healthcare professionals in making more precise diagnoses.
DeepHealth
Acquisition in 2020
DeepHealth, Inc. is a radiology artificial intelligence and machine learning company based in Cambridge, Massachusetts, founded in 2015. The company specializes in developing solutions for the medical interpretation of mammography exams, leveraging data science and imaging analysis to support radiologists in their diagnostic processes. By utilizing machine learning, DeepHealth distills extensive insights from medical experts into software designed to enhance the accuracy and reliability of radiological assessments. The company's mission is to improve patient care by providing trustworthy products that are grounded in rigorous scientific research and integrated into clinical practice.
Medical Arts Radiology
Acquisition in 2018
Medical Arts Radiology is a medical practice company providing MRI, nuclear medicine, and ultrasound.
Turner Imaging Systems
Seed Round in 2018
Turner Imaging Systems, Inc., founded in 2016 and based in Orem, Utah, specializes in the development, manufacturing, and marketing of innovative x-ray imaging systems. The company's flagship product, the Smart-C Mini-C Arm, is a battery-powered, portable fluoroscopy and x-ray imaging device designed to enhance accessibility and usability in various medical settings. This hand-transportable system allows healthcare professionals to acquire x-ray images conveniently, thereby improving the efficiency of fluoroscopy procedures. Turner Imaging Systems aims to expand the reach of x-ray imaging technology, particularly in underserved areas and humanitarian efforts globally.
Diagnostic Imaging Group
Acquisition in 2015
Diagnostic Imaging Group owns and operates 17 imaging centers in the New York City area, including nine facilities in Brooklyn, four in Queens, two in the Bronx, one in Manhattan and one in Nassau County. The company employs more than 600 people and performs roughly 750,000 imaging procedures per year.
eRAD
Acquisition in 2013
eRAD provides a comprehensive range of workflow solutions tailored for the imaging industry. The company specializes in radiology information systems (RIS) and web-based picture archiving and communication systems (PACS), along with multi-site workflow solutions. These offerings are designed to streamline operations for various entities, including teleradiology businesses, specialty reading groups, hospitals, and outpatient imaging centers. By offering both cloud-based and in-house enterprise solutions, eRAD enables organizations to automate and enhance their workflow efficiency, ultimately supporting the delivery of quality imaging services.
Lenox Hill Radiology
Acquisition in 2013
Lenox Hill Radiology has continually sought to apply the most innovative methods in the field of Diagnostic Radiology. This means more than simply delivering the latest in Radiology, it also means nothing less than complete understanding and comprehension of the unique challenges that our clients face, and developing solutions that work specifically to address these challenges.
Modern Medical Modalities Corporation
Acquisition in 2009
Modern Medical Modalities Corporation is a company that was acquired by RadNet in 2009.
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