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Why Is RadNet Stock Gaining Tuesday? - RadNet (NASDAQ:RDNT)
RadNet Buys CIMAR To Strengthen AI-Driven Radiology In Europe RadNet Inc. (NASDAQ:RDNT), a leading U.S. provider of diagnostic imaging and digital health solutions, announced Tuesday that it has acquired CIMAR UK, a cloud-native healthcare image management company. The acquisition will integrate
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RadNet stock falls after acquiring UK imaging solution provider CIMAR By Investing.com
Investing.com -- RadNet Inc (NASDAQ:RDNT) stock fell 3.2% Tuesday after the diagnostic imaging services provider announced the acquisition of CIMAR UK, a cloud-native healthcare image management solutions company. CIMAR will be integrated into DeepHealth, RadNet's wholly owned subsidiary that
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RadNet Inc. has acquired CIMAR UK, a cloud-native healthcare image management company, to strengthen its AI-powered diagnostic imaging capabilities across European markets. The acquisition integrates CIMAR into RadNet's DeepHealth subsidiary, combining advanced AI tools with extensive UK healthcare infrastructure.

RadNet Inc. (NASDAQ:RDNT), a leading U.S. provider of diagnostic imaging and digital health solutions, announced Tuesday the acquisition of CIMAR UK, a cloud-native healthcare image management company
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. The acquisition will integrate CIMAR into DeepHealth, RadNet's digital health subsidiary, enhancing AI-powered informatics and improving data interoperability across global healthcare systems1
.The move represents a significant expansion of RadNet's digital footprint in the UK and Europe, combining CIMAR's cloud-native infrastructure with DeepHealth's AI-driven diagnostic tools
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. Financial terms of the acquisition were not disclosed, though the deal aims to address mounting pressure on radiologists who face outdated and disconnected tools1
.CIMAR's infrastructure currently supports more than half of the National Health Service Trusts and around 80% of the UK's private hospitals
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. The company's vendor-neutral platform facilitates efficient image sharing and coordination across healthcare providers, creating a robust foundation for AI-enhanced diagnostic services1
.The two companies already collaborate on the NHS England's Lung Cancer Screening Program, where CIMAR provides digital infrastructure connecting DeepHealth's AI lung solution across more than 90% of screening sites
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. This partnership has demonstrated significant clinical impact, with UK Government data showing the program has helped detect 76% of lung cancers at earlier, more treatable stages compared to just 29% historically2
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Kees Wesdorp, CEO and President of RadNet's Digital Health division, emphasized that the acquisition addresses critical challenges in medical imaging. "Imaging and diagnostics sit at the forefront of care, serving as the gateway to treatment and disease management," Wesdorp stated, highlighting how merging CIMAR's technology with DeepHealth's informatics systems will enable faster and more accurate diagnoses while streamlining care delivery
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.CIMAR CEO Howard Jenkinson described the merger as a "pivotal moment," emphasizing its potential to deliver more seamless and connected imaging experiences
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. Following the acquisition, DeepHealth plans to expand its digitally enabled care models across the UK and Europe for additional screening and diagnostic programs2
.Summarized by
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