RadNet, Inc. (RDNT)
RadNet, Inc. (RDNT) is the national leader in providing high-quality, cost-effective outpatient diagnostic imaging services, headquartered in Los Angeles, California. Led by President and CEO Dr. Howard Berger, RadNet’s strategic mission is to "be the leading provider of diagnostic imaging services by delivering exceptional patient care and utilizing advanced technology." The company holds a dominant industry position as the largest owner and operator of outpatient imaging centers in the United States. RadNet’s vision is to "Transform Healthcare through AI-Powered Diagnostics." By late 2025, RDNT stock has hit record highs, driven by a 13.4% revenue increase and the rapid adoption of its Digital Health AI tools.
The business operations of RadNet are divided into Imaging Centers and Digital Health. In fiscal 2025, the company reported a record-breaking $522.9 million in quarterly revenue and increased its full-year guidance for the third consecutive time. A primary growth driver is the "AI-Enhanced Radiology" segment, which reported a 51.6% increase in revenue as more centers integrated DeepHealth™ AI for cancer screening. The 2026 strategic roadmap focuses on "Health System Joint Ventures" and the expansion into the Eastern European market. RadNet holds an "Operational Moat" through its massive scale and its ability to negotiate favorable reimbursement rates with payors. With over $800 million in cash and a net debt-to-EBITDA ratio of only 1.0x, RadNet is aggressively consolidating the fragmented imaging market while leading the industry into a software-defined future.