RadNet's revenue grew 9.2% to $471.4 million in the first quarter of 2025, compared to the same period in 2024; however, the Southern California wildfires and severe winter weather conditions in parts of the U.S. knocked 5% off its potential, according to the company.
For the period (end-March 31), RadNet also posted revenue of $19.2 million for its digital health reportable segment, a 31.1% increase over the same period last year, and added it would revise its full-year 2025 guidance to reflect slightly higher net revenue, $1.835 million to $1.885 million.
RadNet's aggregate procedural volumes increased 3.6% in the first quarter compared to the same period last year. For the quarter, the company posted total procedure volume of 2,742,973, including procedures for wholly owned and joint venture centers.
MRI volume increased 8.4% to 447,330 procedures. CT volume increased 8.3% to 271,170. Notably, PET/CT increased 22.9% to 20,389. Advanced imaging, as a percentage of total procedural volume, grew 1.26% relative to last year’s first quarter, according to RadNet.
Mammography totaled 476,378 procedures, increasing 8.2%.
Same-center procedural volumes, however, decreased 0.3% compared with the first quarter of 2024, the company noted.
