RadNet
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.
Top Stages
11 past transactions
iCAD
Acquisition in 2025
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 accurate and early diagnosis of lung and cardiac conditions, leveraging the expertise of award-winning Cardiothoracic Radiologists. The company offers diagnostic services to various sectors, including NHS Targeted Lung Health Checks, academia, corporate imaging services, and private hospitals. By providing individualized diagnostic reports for all cardiothoracic imaging, Heart & Lung Health aims to enhance patient outcomes and facilitate timely medical interventions.
Aidence
Acquisition in 2022
Aidence is a company focused on developing AI-powered clinical applications aimed at enhancing the diagnosis and management of lung cancer. Utilizing a team of over 80 experts in data science, software engineering, and medical fields, Aidence has created Veye Lung Nodules, a solution specifically designed for the management of pulmonary nodules detected in CT scans. This application is actively used in routine clinical practice and lung cancer screening programs across Europe. By transforming complex data into practical insights, Aidence's platform aids physicians in improving patient outcomes through faster diagnosis, reduced risk of misdiagnosis, and early detection of lung cancer.
Quantib
Acquisition in 2022
Quantib is a company that specializes in developing advanced radiology software aimed at enhancing the diagnostic capabilities of physicians. Its innovative software leverages machine learning techniques to analyze medical images, specifically MRI and CT scans, facilitating the segmentation, classification, quantification, and visualization of data. By automating and streamlining workflows, Quantib's solutions enable healthcare professionals to make more efficient and accurate diagnoses. The company's commitment to improving healthcare outcomes is evident in its focus on addressing the complex challenges faced by radiologists, ultimately helping to unveil details in medical images that may not be visible to the naked eye.
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 machine learning to translate extensive insights from medical experts into software that supports radiologists. DeepHealth aims to enhance patient care by creating reliable products grounded in rigorous science and clinical integration, ultimately assisting clinicians in making informed decisions.
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. is a company based in Orem, Utah, that specializes in the development, manufacturing, and marketing of innovative x-ray imaging systems. Founded in 2016, the company has created the Smart-C Mini-C Arm, a battery-powered, portable fluoroscopy and x-ray imaging device designed for ease of use in various settings. This fully-functional mini-C-arm system allows users to acquire x-ray images conveniently and efficiently, enhancing the delivery of fluoroscopy services. Turner Imaging Systems aims to expand access to x-ray imaging, particularly in under-served areas and humanitarian efforts globally, thereby improving healthcare delivery in diverse environments.
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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