RadNet Controls Radiology Stack
Scan.com
RadNet is dangerous because it can sell every layer of the radiology stack at once. It can own the scan site, sign payer contracts that steer volume into its centers, form joint ventures with hospital systems that want outpatient capacity, and then sell the software that runs scheduling, image storage, reading workflows, and AI. That gives RadNet more control over referrals, economics, and data than a marketplace like Scan.com can match.
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On the supply side, RadNet operated 418 imaging centers as of December 31, 2025. That means it is not just a software or network intermediary, it directly controls scanner capacity, local center density, and the patient appointment slots that marketplaces need to fulfill demand.
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On the software side, eRAD and DeepHealth cover the core workflow. eRAD provides RIS, PACS, portals, and related imaging software. DeepHealth OS sits across clinical and operational workflows, and the 2025 iCAD acquisition added breast imaging AI and an installed base of more than 1,500 provider locations globally.
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On the channel side, RadNet already works as both payer counterparty and hospital partner. It markets direct payor solutions, says it helps move imaging out of hospital outpatient settings, and as of June 30, 2026 reported 27 hospital and health system joint ventures, including deals that pair equity partnerships with DeepHealth deployments.
The direction is toward radiology companies that bundle capacity, contracting, and software into one offering. If that model keeps spreading, operators like RadNet will look less like vendors to marketplaces and more like self contained imaging networks that can capture patient volume, payer savings, and software revenue inside the same system.