Radiology Business April 2, 2024
Publicly traded imaging center operator RadNet Inc. is launching a new joint venture with Providence health system, leaders announced Tuesday.
The partnership will operate under the brand name Tri Valley Imaging Group and start with seven locations across California. Los Angeles-based RadNet will contribute four centers to the new company while Providence is pitching in three more. They also plan to open an additional new center while upgrading existing ones previously operated by the hospital group.
This is the second JV deal between RadNet and Providence in Southern California.
“We are excited to expand our partnership with RadNet and leverage its expertise in imaging diagnostics,” Karl Keeler, chief executive, Providence L.A.-San Fernando Valley Service Area, said in a April 2...
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