RadNet Expands to Long Island Market

RadNet Expands to Long Island Market

RadNet, Inc. (NASDAQ: RDNT), has acquired Medical Arts Radiology, which owns and operates 10 imaging centers in Long Island, New York. This is the second acquisition announced this year, following a string of joint ventures around the country. Medical Arts offers MRI, CT, PET/CT, X-ray, ultrasound, bone density and interventional procedures.  The centers are located in Bay Shore, Commack, East Setauket, Huntington, Massapequa, Patchogue, Plainview, Smithtown, Bablyon and Stony Brook. In addition to servicing the existing patient base, the Medical Arts centers will be instrumental in providing diagnostic imaging to the approximately 200,000 patients of Emblem’s AdvantageCare Physicans, for... Read More »
RadNet Expands to Long Island Market

Imaging Deals Light Up

In the first week of April 2018, five transactions for physician medical practices were announced. That’s a good start to the second quarter, following Q1:18’s deal volume of 35 transactions targeting physicians and their practices. Two of the April deals were for radiology centers. One was announced by RadNet, Inc. (NASDAQ: RDNT), the largest provider of fixed-site outpatient diagnostic imaging services in the United States with 259 centers currently. It just added five more in and around the Fresno, California metropolitan area. The targets include Sierra Imaging Associates (one facility), Women’s Imaging Specialists in Healthcare (three facilities) and Valley Metabolic... Read More »