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News You Need to Know Today
M&A: RadNet acquires another AI firm | Radiology group mulls IPO | Lantheus divest SPECT biz | Whole-body MRI firm sold
Friday, June 27, 2025
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Editor's Choice: M&A

RadNet enters ultrasound AI, acquiring imaging vendor See-Mode Technologies

Founded in 2017, the Melbourne, Australia-based company offers software that analyzes breast and thyroid images, “producing fast and accurate radiology reports.” 

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neck ultrasound thyroid
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RadNet enters ultrasound AI, acquiring imaging vendor See-Mode Technologies

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neck ultrasound thyroid
Founded in 2017, the Melbourne, Australia-based company offers software that analyzes breast and thyroid images, “producing fast and accurate radiology reports.” 
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Private equity firm mulls taking radiology group public via IPO after ‘failed’ sale

London-based private equity firm Permira has been trying to sell I-MED Radiology for months, but recently ran into a snag with potential buyer Stonepeak. 

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GE has completed the spinoff of its healthcare business, and GE HealthCare began trading as its own entity on the Nasdaq Jan. 4. Stock Market
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Private equity firm mulls taking radiology group public via IPO after ‘failed’ sale

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GE has completed the spinoff of its healthcare business, and GE HealthCare began trading as its own entity on the Nasdaq Jan. 4. Stock Market
London-based private equity firm Permira has been trying to sell I-MED Radiology for months, but recently ran into a snag with potential buyer Stonepeak. 
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Lantheus announces plans to divest SPECT imaging business

Janesville, Wisconsin-based nuclear fusion firm Shine Technologies is the buyer, issuing an upfront cash payment under terms of the deal. 

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Lantheus
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Lantheus announces plans to divest SPECT imaging business

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Lantheus
Janesville, Wisconsin-based nuclear fusion firm Shine Technologies is the buyer, issuing an upfront cash payment under terms of the deal. 
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Whole-body MRI firm Ezra acquired by celebrity-backed longevity startup Function Health

Matt Damon, Pedro Pascal and Kevin Hart have invested in Function, which offers 100-plus lab tests to help its 200K members live "100 healthy years." 

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Ezra
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Whole-body MRI firm Ezra acquired by celebrity-backed longevity startup Function Health

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Ezra
Matt Damon, Pedro Pascal and Kevin Hart have invested in Function, which offers 100-plus lab tests to help its 200K members live "100 healthy years." 
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Radiology M&A expert shares 6 trends to watch in 2025

Andrew Colbert, senior managing director of Ziegler, spoke at RBMA 2025, discussing teleradiology's "explosive" growth, among other developments. 

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mergers and acquisitions M&A partnerships
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Radiology M&A expert shares 6 trends to watch in 2025

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mergers and acquisitions M&A partnerships
Andrew Colbert, senior managing director of Ziegler, spoke at RBMA 2025, discussing teleradiology's "explosive" growth, among other developments. 
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Radiology provider MedQuest part of deal to acquire 18 imaging centers from 1 of nation’s largest orthopedic groups

OrthoCarolina is the seller, unloading locations across its home city of Charlotte and the Piedmont Triad region that includes Greensboro, Winston-Salem and High Point. 

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OrthoCarolina
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Radiology provider MedQuest part of deal to acquire 18 imaging centers from 1 of nation’s largest orthopedic groups

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OrthoCarolina
OrthoCarolina is the seller, unloading locations across its home city of Charlotte and the Piedmont Triad region that includes Greensboro, Winston-Salem and High Point. 
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Private equity firm launches Integrated Diagnostic Services, a new mobile radiology company

The HCAP Partners-backed  group will provide  X-ray, ultrasound, EKGs and lab work, serving as a cheaper alternative to hospitals. 

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ultrasound old man senior bedside imaging POCUS
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Private equity firm launches Integrated Diagnostic Services, a new mobile radiology company

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ultrasound old man senior bedside imaging POCUS
The HCAP Partners-backed  group will provide  X-ray, ultrasound, EKGs and lab work, serving as a cheaper alternative to hospitals. 
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Diagnostic imaging chain diversifies, adding urology group and its 16 locations

Affidea is one of the largest radiology providers in Europe, operating a network of 391 centers spanning 15 countries and handling 20 million scans annually. 

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affidea
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Diagnostic imaging chain diversifies, adding urology group and its 16 locations

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affidea
Affidea is one of the largest radiology providers in Europe, operating a network of 391 centers spanning 15 countries and handling 20 million scans annually. 
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GE HealthCare finalizes purchase of radiopharma firm that generates $183M in revenue

The Chicago-based manufacturer is buying the remaining stake in Nihon Medi-Physics, a Japanese developer of imaging agents used in SPECT and PET exams. 

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GE Healthcare and Nihon Medi-Physics
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GE HealthCare finalizes purchase of radiopharma firm that generates $183M in revenue

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GE Healthcare and Nihon Medi-Physics
The Chicago-based manufacturer is buying the remaining stake in Nihon Medi-Physics, a Japanese developer of imaging agents used in SPECT and PET exams. 
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Bipartisan bill would allow radiologists and other physicians to own certain hospitals

The American Hospital Association announced its opposition March 27, contending docs will "inflate healthcare costs and drain essential resources." 

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physician money payments dollars
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Bipartisan bill would allow radiologists and other physicians to own certain hospitals

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physician money payments dollars
The American Hospital Association announced its opposition March 27, contending docs will "inflate healthcare costs and drain essential resources." 
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Thousands of radiologists now work for private equity, up sharply from a decade ago

About 282 (or 1%) of radiologists worked for PE entities in 2013, a number that has increased over 1,300% in the 11 years since, according to new research. 

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merger acquisition M&A business
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Thousands of radiologists now work for private equity, up sharply from a decade ago

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merger acquisition M&A business
About 282 (or 1%) of radiologists worked for PE entities in 2013, a number that has increased over 1,300% in the 11 years since, according to new research. 
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Radiology AI firm Gleamer expands into MRI with 2 acquisitions

The French company offers solutions across X-ray, mammography and CT, adding MRI to its portfolio by buying Pixyl and Caerus Medical. 

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Radiology AI firm Gleamer expands into MRI with 2 acquisitions

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The French company offers solutions across X-ray, mammography and CT, adding MRI to its portfolio by buying Pixyl and Caerus Medical. 
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