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RadNet, Inc. reports recurring developments in outpatient diagnostic imaging, digital health, and radiology technology. The company operates owned and managed imaging centers that provide MRI, CT, PET/CT, mammography, ultrasound, X-ray, fluoroscopy, nuclear medicine, and related procedures for physicians and patients across U.S. markets.
RadNet news commonly covers financial results, imaging-center procedure volumes, guidance updates, joint ventures, acquisitions, and customer or technology collaborations. Its Digital Health segment includes DeepHealth, which provides radiology information technology, AI-powered health informatics, clinical AI applications, patient engagement tools, operational AI, teleradiology services, and related products for the diagnostic imaging industry.
RadNet, a leading provider of diagnostic imaging services, announced that its President and CEO, Dr. Howard Berger, will present at the Jefferies 2024 Global Healthcare Conference.
Taking place on June 5, 2024, in New York, at 11:30 a.m. ET, the presentation will be available via webcast at the provided links.
RadNet, Inc. will present at the Bank of America Securities 2024 Health Care Conference on May 14th, 2024. Mark Stolper, Executive Vice President and CFO, will be presenting at 3:00 p.m. Pacific Time in Las Vegas, NV. RadNet is a national leader in diagnostic imaging services with 375 outpatient imaging centers across multiple states. The company also offers radiology IT solutions, AI technology, and teleradiology services.
RadNet, Inc. reported record first quarter revenue of $431.7 million in 2024, up 10.5% from 2023. Revenue from the Digital Health segment increased by 32.3%. Adjusted EBITDA was $58.5 million, up 21.4% compared to 2023. Adjusted Earnings Per Share was $0.07, compared to a loss of $(0.22) in 2023. The company revised its 2024 guidance ranges for Revenue, Adjusted EBITDA, and Free Cash Flow upwards.
RadNet, Inc. in collaboration with Lenox Hill Radiology is hosting Mother's Day MammoGlam events in New York City to promote breast health and equitable access to cancer screening services. WNBA icon Sheryl Swoopes and New York officials will attend to empower women. Breast specialists will provide care, emphasizing the importance of early detection.
Loop Media, Inc. (NYSE American: LPTV) has been chosen by RadNet, Inc. (NASDAQ: RDNT) to provide ad sales services, branded channels, and customized signage for RadNetTV Channel across its 366 imaging centers. Loop Media will power RadNet's network of TVs in seven states, delivering original, entertaining, and educational content to over ten million viewers annually.
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