Improved procedural volume at its imaging centers and new acquisitions powered RadNet of Los Angeles to a double-digit gain in revenue in the first quarter (end-March 31).
RadNet reported revenue of $128 million, a 12% gain compared to $113.9 million in the first quarter of 2008.
RadNet also reduced its net loss in the first quarter to $822,000, compared with a net loss of $5.4 million in the same quarter a year ago.
Related Reading
RadNet to buy 10 centers, April 20, 2009
RadNet posts Q2 loss despite revenue gains, August 11, 2008
RadNet acquires Delaware imaging center, July 23, 2008
RadNet revenues grow as net loss rises, April 1, 2008
RadNet launches breast disease management program, March 20, 2008
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