Leading Radiology Forward slide image

Leading Radiology Forward

RadNet Joint Venture Strategy RadNet has 19 joint ventures with hospital and health system partners . Over 2/3 of the ventures are unconsolidated (RadNet's ownership is between 35%-50%) Remaining 1/3 of ventures are consolidated (RadNet's ownership is between 50%-94%) • Notable partners include Memorial Care (34 centers), RWJ Barnabas in New Jersey (19 centers), Cedars Sinai (5 centers), Dignity Health (14 centers), MedStar Health System, etc. JVs own and operate free-standing, non-hospital-based imaging centers RadNet manages the day-to-day operations and performs most management services (billing, marketing, staffing, credentialing, contracting, IT, HR, accounting, etc.) RadNet receives management fees for its services RW.Barnabas Dignity Health. Dignity Health Adventist Health • • HEALTH Benefits to RadNet Eliminates major outpatient competitor in Market Hospital partners drive incremental volumes Provides more contracting leverage with private payors Receives management fees Can stimulate other activities with partners (Breastlink, Teleradiology, In-house staffing of Radiology Dept) Prepares RadNet for opportunities with population health management UNIVERSITY of MARYLAND SCHOOL OF MEDICINE (COS) CEDARS-SINAI. MemorialCare Benefits to Hospital/Health System Partners • • • • • Can participate in volume trend towards freestanding providers Join forces with what otherwise would be a competitor Provides more contracting leverage with private payors • Benefit from being part of a larger operation Can stimulate other activities with partners (Breastlink, Teleradiology, • In-house staffing of Radiology Dept) Prepares hospital for opportunities with population health mgmt RadNet. Leading Radiology Forward 17
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