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Slide #89. RadNet, Inc. — Lenox Hill Radiology
Acquirer:
RadNet, Inc. (NASDAQ:RDNT)
Acquiree:
Lenox Hill Radiology
Details:
RadNet, Inc., a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of 236 owned and operated outpatient imaging centers, today reported effective December 31st, 2012 it acquired Lenox Hill Radiology of Manhattan, New York for approximately $30.3 million, which includes the assumption of approximately $1.2 million of debt.
RadNet is a provider of freestanding, fixed-site outpatient diagnostic imaging services. Co. operates directly or indirectly through joint ventures with hospitals, various centers located in Arizona, California, Delaware, Florida, Maryland, New Jersey, and New York. Co.'s centers provide physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders. Co.'s services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy and other related procedures.
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Buy (3.40 out of 4) 51st percentile
(ranked higher than approx. 51% of all stocks covered)
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