NasdaqGM:RDNTHealthcare
RadNet’s Gleamer Deal And Short Seller Questions Reshape AI Thesis
RadNet (NasdaqGM:RDNT) announced plans to acquire AI medical imaging firm Gleamer for nearly US$270 million.
The deal has sparked debate among investors over the price tag and strategic fit of the AI-focused expansion.
A short-seller report has also questioned RadNet's accounting methodology and use of certain key performance metrics.
RadNet operates a large outpatient imaging network, so adding Gleamer's AI tools would plug directly into its core business of radiology services. The move...