Announced

Completed

RadNet completed the acquisition of outpatient imaging assets of Northwest Radiology Network.

Synopsis

RadNet, a provider of freestanding, fixed-site diagnostic imaging, completed the acquisition of outpatient imaging assets of Northwest Radiology Network, a physician-led outpatient diagnostic imaging practice. Financial terms were not disclosed. "For decades, Northwest Radiology has built remarkable trust and confidence with the Indianapolis physician communities. We are excited to work with the Northwest radiologist team to support and further expand its clinical reach and capabilities. I am confident that our collaborative efforts will result in leading-edge patient care for the greater Indianapolis region. Indianapolis is a flourishing Midwest market, and this acquisition establishes a base from which RadNet can expand its operational scale, AI-powered workflow and clinical technologies to greatly improve population-health across the region. Ultimately, we are striving to shift Indiana’s healthcare from reactive detection toward proactive prevention — detecting diseases earlier with the goal of improving outcomes,” Steve Forthuber, RadNet President and CEO of Eastern Operations.

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