RadNet To Acquire Assets From Houston Medical Imaging; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
RadNet is set to acquire assets from Houston Medical Imaging, including seven centers that will continue operating under the Houston Medical Imaging brand. These centers, offering a range of services such as MRI and CT scans, collectively performed over 135,000 procedures and generated over $28 million in revenue in 2023.
February 27, 2024 | 10:26 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
RadNet's acquisition of Houston Medical Imaging assets is expected to enhance its service offerings and revenue, with the acquired centers generating over $28 million in 2023.
The acquisition of Houston Medical Imaging's assets, which have a proven revenue-generating capability, is likely to positively impact RadNet's financial performance and service offerings. The continuation of operations under the Houston Medical Imaging brand suggests a smooth transition and potential for growth.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90