Joint VentureApr 30, 2026, 04:06 PM
RDNT Forms JV with Saint Alphonsus, Acquires 5 Imaging Centers
AI Summary
RadNet, Inc. announced a joint venture with Saint Alphonsus Health System, acquiring a majority equity position in Intermountain Medical Imaging, LLC, which operates five outpatient imaging centers in Boise, Idaho. This partnership is expected to generate approximately $30 million in annual revenue for RadNet. The joint venture will integrate RadNet's DeepHealth AI solutions to enhance operational efficiencies and clinical interpretation across the centers, improving patient care and workflow for radiologists. Gem State Radiology will continue providing professional services.
Key Highlights
- RadNet formed a joint venture with Saint Alphonsus Health System.
- Acquired a majority equity position in Intermountain Medical Imaging, LLC.
- The joint venture includes five outpatient multi-modality imaging centers in Boise, Idaho.
- Projected to generate approximately $30 million in annual revenue for RadNet.
- DeepHealth's AI solutions will be integrated for diagnostics, reporting, and operations.
- Gem State Radiology will continue providing professional radiology services to the five locations.