Founded in 1980, RadNet is a national
leader in providing high-quality, cost-effective diagnostic imaging
services through a network of 165 owned and operated outpatient
imaging centers. With operations in six states, including
California, Maryland, Delaware, New York, Florida, and Kansas, we
believe we are the largest owner and operator of fixed diagnostic
imaging centers in the United States.
RadNet offers to its patients and referring physicians the full
spectrum of diagnostic imaging exams, including PET/CT, MRI, CT,
Nuclear Medicine, Mammography, Ultrasound and X-ray, as well as
numerous other procedures. RadNet utilizes best of breed technology
to appropriately serve the medical communities in which it operates.
Additionally, RadNet currently provides diagnostic imaging
services to over 750,000 lives under exclusive capitation contracts
with prominent medical groups and Independent Physician Groups (IPAs).
RadNet performs over 2.5 million diagnostic radiology and imaging
procedures annually.
Our Facilities
We operate a group of regional networks comprised of 165
fixed-site, freestanding outpatient diagnostic imaging facilities in
six states including California, Maryland, New York, Florida, Kansas
and Delaware. We have strategically organized our facilities into
regional networks in markets that have both high-density and
expanding populations, as well as attractive payor diversity. Our
facilities employ state-of-the-art equipment and technology in
modern, patient-friendly settings. Many of our facilities within a
particular region are interconnected and integrated through our
advanced computer networks, PACS (Picture Archiving and
Communication Systems) and Radiology Information Systems. The vast
majority of our facilities are multi-modality sites, offering
various combinations of PET/CT, MRI, CT, Nuclear Medicine,
Ultrasound, X-ray, Fluoroscopy and other services.
Consistent with our regional network strategy, our
single-modality facilities are located near our multi-modality sites
to help accommodate overflow of routine imaging in targeted
demographic areas. At our facilities, we provide all of the
equipment as well as all non-medical operational, management,
financial and administrative services necessary to provide
diagnostic imaging services. We give our facility managers authority
to run our facilities to meet the demands of local market
conditions, while our corporate structure provides economies of
scale, corporate training programs, standardized policies and
procedures and sharing of best practices across our network. Each of
our facility managers is responsible for meeting our standards of
patient service, managing relationships with local physicians and
payors and maintaining profitability.
We have longstanding relationships with certain radiology groups,
including our affiliate Beverly Radiology Medical Group (BRMG), who
provide all of the professional medical services to our facilities.
With these longstanding relationships, we believe that we are able
to ensure that medical service is provided at our facilities in a
manner consistent with our needs and expectations and those of our
referring physicians, patients and payers.
Employees
Together with BRMG, we have a total of approximately 4,000
full-time, part-time and per-diem employees.
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