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RadNet has announced a deal to acquire Deephealth

RadNet has announced a deal to acquire Deephealth, a company specializing in radiology artificial intelligence and machine learning.

“We are more certain today than ever before that artificial intelligence will transform the diagnostic imaging and radiology industry… We believe AI will create workflow efficiencies and improve the accuracy of image interpretation in mammography and in other modalities we perform, which can materially benefit all of RadNet’s stakeholders.”
Dr. Howard Berger, Chairman and Chief Executive Officer of RadNet

RadNet will pay ~1M RadNet shares at closing on April 1, 2020, and up to ~1.5M additional shares depending upon the achievement of certain milestones by the combined company.


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