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M&A: RadNet adds AI vendor for $29M | Teleradiology consolidation | Pioneering imaging group sells offices | $750M PET deal

News You Need to Know Today
M&A: RadNet adds AI vendor for $29M | Teleradiology consolidation | Pioneering imaging group sells offices | $750M PET deal
Monday, August 25, 2025
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Editor's Choice: M&A

RadNet spending nearly $29M to acquire ultrasound AI vendor See-Mode Technologies, SEC filing reveals

Leaders with the Los Angeles-based imaging center operator discussed the rationale behind the deal during a quarterly earnings call on Aug. 11. 

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merger acquisition M&A business
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RadNet spending nearly $29M to acquire ultrasound AI vendor See-Mode Technologies, SEC filing reveals

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merger acquisition M&A business
Leaders with the Los Angeles-based imaging center operator discussed the rationale behind the deal during a quarterly earnings call on Aug. 11. 
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Quadrant Private Equity firm acquires imaging center network for over $130M

Founded in 2018, Carlisle Health operates a platform of 24 imaging centers, employing a staff of more than 500, including 70 radiologists. 

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Quadrant Private Equity
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Quadrant Private Equity firm acquires imaging center network for over $130M

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Quadrant Private Equity
Founded in 2018, Carlisle Health operates a platform of 24 imaging centers, employing a staff of more than 500, including 70 radiologists. 
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Private equity-backed Premier Radiology Services acquires another rival telerad group

The Deerfield Beach, Florida-based company is adding MetisMD, “a highly regarded teleradiology provider with deep expertise in musculoskeletal imaging.” 

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mergers and acquisitions M&A consolidation puzzle business deal
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Private equity-backed Premier Radiology Services acquires another rival telerad group

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mergers and acquisitions M&A consolidation puzzle business deal
The Deerfield Beach, Florida-based company is adding MetisMD, “a highly regarded teleradiology provider with deep expertise in musculoskeletal imaging.” 
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El Paso’s Desert Imaging acquired by private equity-backed radiology company

Panos Partners-backed Diagnostic Imaging Centers of Texas now offers radiology services at 23 locations in five markets following the deal.

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Desert Imaging
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El Paso’s Desert Imaging acquired by private equity-backed radiology company

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Desert Imaging
Panos Partners-backed Diagnostic Imaging Centers of Texas now offers radiology services at 23 locations in five markets following the deal.
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Health system buys full ownership of imaging center jointly held by pioneering radiology group

IU Health has purchased 100% control of the radiology facility located on Landmark Avenue in the community of Bloomington. 

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Southern Indiana Radiological Associates
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Health system buys full ownership of imaging center jointly held by pioneering radiology group

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Southern Indiana Radiological Associates
IU Health has purchased 100% control of the radiology facility located on Landmark Avenue in the community of Bloomington. 
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Lantheus set to close $750M acquisition of PET agent developer Life Molecular Imaging

LMI is the maker of Neuraceq, a globally approved F-18 positron emission tomography imaging agent used to detect beta-amyloid plaques in patients evaluated for Alzheimer’s. 

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Lantheus
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Lantheus set to close $750M acquisition of PET agent developer Life Molecular Imaging

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Lantheus
LMI is the maker of Neuraceq, a globally approved F-18 positron emission tomography imaging agent used to detect beta-amyloid plaques in patients evaluated for Alzheimer’s. 
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Radiology practice seeks to dismiss disgruntled doc’s lawsuit over $20M private equity deal

Gregory R. Ball, MD, filed the complaint against Southtowns Radiology Associates in February, and the practice is now asking a judge to reject his allegations. 

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Radiology practice seeks to dismiss disgruntled doc’s lawsuit over $20M private equity deal

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Gregory R. Ball, MD, filed the complaint against Southtowns Radiology Associates in February, and the practice is now asking a judge to reject his allegations. 
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Bristol Myers Squibb will pay $350M-plus to add prostate cancer imaging agent

Subsidiary RayzeBio has inked a definitive deal to license the worldwide rights for the drug from Philochem, a Swiss biotechnology firm. 

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Bristol Myers Squibb
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Bristol Myers Squibb will pay $350M-plus to add prostate cancer imaging agent

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Bristol Myers Squibb
Subsidiary RayzeBio has inked a definitive deal to license the worldwide rights for the drug from Philochem, a Swiss biotechnology firm. 
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American Medical Association cautions radiology groups considering corporate investments

This new guidance emphasizes that clinical and operational decisions must “remain in the ultimate control” of radiologists or other clinicians, the AMA said Monday.  

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business suit stethoscope corporate radiology
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American Medical Association cautions radiology groups considering corporate investments

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business suit stethoscope corporate radiology
This new guidance emphasizes that clinical and operational decisions must “remain in the ultimate control” of radiologists or other clinicians, the AMA said Monday.  
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Private equity-backed Capitol Imaging expands to new state, acquiring 9 outpatient centers

The Louisiana-based radiology group is buying Outpatient Imaging for an undisclosed sum, adding locations across greater Atlanta. 

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Atlanta
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Private equity-backed Capitol Imaging expands to new state, acquiring 9 outpatient centers

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Atlanta
The Louisiana-based radiology group is buying Outpatient Imaging for an undisclosed sum, adding locations across greater Atlanta. 
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Private equity firm Stonepeak reportedly walks away from $1.9B radiology group acquisition

Previous reports claimed the New York-based investment firm was "inches" from buying I-MED Radiology, but talks have now stalled. 

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I-MED Radiology Network
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Private equity firm Stonepeak reportedly walks away from $1.9B radiology group acquisition

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I-MED Radiology Network
Previous reports claimed the New York-based investment firm was "inches" from buying I-MED Radiology, but talks have now stalled. 
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