RadNet inks imaging center joint-venture partnership with hospital giant Adventist Health
RadNet has inked a new affiliation agreement with California hospital giant Adventist Health, the two announced on Tuesday.
Under terms of the deal, the Los Angeles-based firm will contribute its two outpatient centers in Simi Valley, California, while Adventist pitches in a third—Aspen Imaging. All will offer MRI, computed tomography, PET/CT, ultrasound and x-ray.
Meanwhile, investor-owned RadNet will take over operation of the 20-hospital system’s Nancy Reagan Breast Center, also in the same city, located about 40 miles out of downtown L.A. They’ll provide the full gamut of women’s imaging services, including guided biopsies.
“Together, both companies have identified an exciting opportunity in the Simi Valley marketplace, a medical community [where] Adventist Health’s commitment includes the ownership of the leading hospital, an urgent care center, a clinical laboratory, homecare services and various family and specialty physician practices,” Howard Berger, MD, chairman and CEO of RadNet, said in a statement. “Aligning with such a high-quality and devoted partner will enhance the service offerings to the referring physician and patient communities of Simi Valley.”
Jennifer Swenson, president, Adventist Health Simi Valley, added that the joint venture “will advance our imaging capabilities” while providing an “integrated radiology network offering the full scope of imaging services.”
RadNet bills itself as the “leading” national provider of freestanding, fixed-site radiology care in the U.S., based on locations and revenue. All told, it operates 332 such outpatient imaging centers and employs 8,600 team members.
Marty Stempniak has covered healthcare since 2012, with his byline appearing in the American Hospital Association's member magazine, Modern Healthcare and McKnight's. Prior to that, he wrote about village government and local business for his hometown newspaper in Oak Park, Illinois. He won a Peter Lisagor and Gold EXCEL awards in 2017 for his coverage of the opioid epidemic.