RadNet To Acquire DeepHealth For Machine Learning Radiology Tech [Seeking Alpha]
RadNet, Inc. (RDNT)
Last radnet, inc. earnings: 3/12 06:00 am
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US:NASDAQ Investor Relations:
radnet.com/about-radnet/investor-relations
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Source: Seeking Alpha
Summary RadNet said it will acquire DeepHealth for 2.5 million shares in common stock. DeepHealth has developed machine learning / AI-based imaging analysis technologies. With the acquisition, RadNet is focusing more efforts on AI technologies for operational and clinical efficiencies and quality delivery. Although I'm still Neutral on RDNT at its current level, I'll be watching the stock after overall market volatility drops. Quick Take RadNet ( announced DeepHeath has developed machine learning technologies to assist radiologists in interpreting mammography exams. With the deal, RDNT acquires an existing business partner as management believes machine learning and AI will be increasingly important in healthcare operations and quality delivery in the coming years. RDNT is still a Neutral bias for me at its current level, but I’m putting it on a watchlist for potential investment after market volatility recedes. Target Company & Market Cambridge, Massachusetts-based DeepHeath was foun
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News
- When Should You Buy RadNet, Inc. (NASDAQ:RDNT)? [Yahoo! Finance]Yahoo! Finance
- Study claims AI could boost detection of breast cancer by 21% [Yahoo! Finance]Yahoo! Finance
- Study claims AI could boost detection of breast cancer by 21% [TechCrunch]TechCrunch
- RadNet, Inc. (NASDAQ: RDNT) had its price target raised by analysts at Jefferies Financial Group Inc. from $82.00 to $100.00. They now have a "buy" rating on the stock.MarketBeat
- Ketryx Announces DeepHealth Selected Its Software to Accelerate AI-Powered Health Informatics Innovation [Yahoo! Finance]Yahoo! Finance
RDNT
Earnings
- 11/10/24 - Beat
RDNT
Sec Filings
- 12/18/24 - Form 4
- 12/6/24 - Form 4
- 12/3/24 - Form 4
- RDNT's page on the SEC website