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Stock Market & Financial Investment News

News Breaks
June 9, 2014
06:08 EDTRDNTRadNet announces collaboration with WellMatch
RadNet announced that it has joined with WellMatch to collaborate and help launch a new online service for its imaging centers to offer promotions to patients and fill excess appointment times. Initially, WellMatch customers will receive the offers through the WellMatch transparency app when searching for diagnostic imaging services. The app enables consumers to shop for quality, cost effective medical services. RadNet offers will initially be published to registered users of the WellMatch price transparency product and expanded throughout the year to include anyone near participating imaging centers.
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August 8, 2014
06:07 EDTRDNTRadNet raises FY14 revenue to $705M-$735M from $700M-$730M, consensus $700.45M
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06:05 EDTRDNTRadNet reports continue to execute on additional $10M of annualized cost savings
The company expects to begin benefitting from these additional cost savings in the third and fourth quarters of 2014. The company adds, "We continue to experience strong volumes, which has been partially driven by participation of previously uninsured or underinsured individuals who are now enrollees of state run or privately managed healthcare exchanges, particularly those in California. We expect the current level of utilization of imaging services will continue for the remainder of 2014."
06:04 EDTRDNTRadNet reports Q2 EPS 7c, consensus 5c
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