Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last $5.42 USD
Change Today +0.12 / 2.26%
Volume 171.1K
As of 8:10 PM 10/2/15 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
Back to Snapshot
Company Description

Contact Info

1510 Cotner Avenue

Los Angeles, CA 90025

United States

Phone: 310-478-7808

Fax: 310-445-2980

RadNet, Inc. provides freestanding and fixed-site outpatient diagnostic imaging services in the United States. As of December 31, 2014, the company operated directly or indirectly through joint ventures with hospitals, 259 centers located in California, Maryland, Florida, Delaware, New Jersey, Rhode Island and New York. The company’s 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. In addition to its imaging services, one of the company’s subsidiaries, eRAD, Inc., develops and sells computerized systems for the imaging industry, including Picture Archiving Communications Systems (PACS). nother one of the company’s subsidiaries, Imaging On Call LLC, provides teleradiology services for remote interpretation of images on behalf of radiology groups, hospitals and imaging center customers. Teleradiology is the process of taking radiological patient images, such as X-rays, CTs, and MRIs, from one location to another for the purposes of interpretation and/or consultation. Business Strategy The key elements of the company’s strategy include maximizing performance at its existing facilities; expanding into related businesses; focusing on profitable contracting; and expanding its networks. Services The company offers a set of imaging services, including MRI, CT, PET, nuclear medicine, X-ray, ultrasound, mammography, fluoroscopy and other related procedures. It focuses on providing standardized high quality imaging services, regardless of location, to ensure patients, physicians and payors consistency in service and quality. The company monitors patient satisfaction, timeliness of services to patients and reports to physicians. In the states in which the company provides services (except Florida), a lay person or any entity other than a professional corporation or similar professional organization is not allowed to practice medicine, including by employing professional persons or by having any ownership interest or profit participation in or control over any medical professional practice. The company provides management services and administration of the non-medical functions relating to the professional medical practice at the facility, including other functions, provision of clerical and administrative personnel, bookkeeping and accounting services, billing and collection, provision of medical and office supplies, secretarial, reception and transcription services, maintenance of medical records, and advertising, marketing and promotional activities. Seasonality The company typically experiences some seasonality to its business. During the first quarter of each year (year ended December 31, 2014) the company generally experiences the lowest volumes of procedures and the lowest level of revenue for any quarter during the year. This is primarily the result of two factors. First, the company’s volumes and revenue are typically impacted by winter weather conditions in its northeastern operations. In recent years, the company has observed greater participation in high deductible health plans by patients. As these high deductibles reset in January for most of these patients, it has observed that patients utilize medical services less during the first quarter, when securing medical care will result in significant out-of-pocket expenditures. Competition The company’s competitors include Alliance Healthcare Services, Inc.; and Diagnostic Imaging Group. Regulations The company is in compliance with the current Health Insurance Portability and Accountability Act of 1996 requirements, as amended by the Health Information Technology for Economic and Clinical Health Act of 2009, and comparable state laws. The company is in compliance with the rules and regulations that apply to the federal False Claims Act, as well as its state counterparts. History RadNet, Inc. was founded in 1985. The company was incorporated in Delaware in 2008.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RDNT:US $5.42 USD +0.12

RDNT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Alliance HealthCare Services Inc $9.99 USD -0.05
Enzo Biochem Inc $3.46 USD +0.09
Genomic Health Inc $22.65 USD +1.31
NeoGenomics Inc $6.00 USD +0.16
Otter Tail Corp $25.97 USD +0.30
View Industry Companies

Industry Analysis


Industry Average

Valuation RDNT Industry Range
Price/Earnings 32.2x
Price/Sales 0.3x
Price/Book 23.6x
Price/Cash Flow 3.7x
TEV/Sales NM Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact RADNET INC, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at