RadNet buys Rolling Oaks Radiology

AuntMinnie.com staff writers
Jan 31, 2008

Imaging services provider RadNet of Los Angeles has acquired the Rolling Oaks Radiology imaging centers in Thousand Oaks, CA, for approximately $5.9 million in cash and the assumption of approximately $5.9 million of debt.

The practice consists of two centers that offer a combination of MRI, CT, PET/CT, mammography, ultrasound, and x-ray. Rolling Oaks Medical Group has five radiologists who staff the two facilities.

RadNet estimates that the acquisition will add approximately $9 million annually to the company's revenues.

Related Reading

RadNet receives $110 million loan, January 25, 2008

RadNet posts record revenue, November 15, 2007

RadNet converts to digital mammo in Maryland, October 24, 2007

RadNet acquires Liberty Pacific, October 9, 2007

RadNet takes over Nydic centers, August 31, 2007

Copyright © 2008 AuntMinnie.com

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