Better Health for All

RadNet's core business of diagnostic imaging services, including MRI, CT, and mammography, inherently provides exceptional health benefits by facilitating early diagnosis and treatment.

Its AI-powered workflow led to a 21.6% increase in cancer detection rate overall and a 22.7% boost for women with dense breasts, while also increasing positive predictive value by 15%. The company has no products with significant negative health impacts. RadNet offers cost-effective solutions with fees generally lower than hospital fees, and provided its AI-enabled workflow to all patients at no additional charge during a study period. The company's MammogramNow initiative, in partnership with Walmart, aims to increase accessibility to breast cancer screening for underserved communities, and a study included over 150,000 Black women across 109 community-based imaging sites. RadNet has established an AI division, acquiring DeepHealth, Aidence, and Quantib, and is developing AI suites to enhance interpretations of breast, lung, and prostate images. The company supports community outreach programs for underserved populations, such as its relationship with Jobs.Vision.Success SoCal, but the scale of these programs is not quantified. RadNet offers cross-training, advancement opportunities, and tuition reimbursement to address staffing shortages in the technologist profession. The company focuses on preventative care through diagnostic imaging and AI-enhanced screening. RadNet's information technology system is HIPAA compliant, but specific details on data protection standards are limited. The company offers work/life balance and wellness programs for employees, but specific mental health initiatives for patients or the broader community are not detailed. RadNet's physician marketing team provides educational programs to referring physicians on new applications of its systems, but broader public health education initiatives are not specified.

Fair Money & Economic Opportunity

RadNet, Inc. is a diagnostic imaging services provider, not a financial institution.

The company's core business does not involve lending, deposit services, or consumer credit products. Therefore, all KPIs related to financial services, such as underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives, data accessibility, fair lending compliance, wealth-building outcomes, profit reinvestment in community finance, financial literacy initiatives, debt burden ratio, geographic inclusion for banking services, and product simplicity for financial products, are not applicable to its operations. The provided articles confirm the company's focus on healthcare services and do not contain any information relevant to these financial metrics.

Fair Pay & Worker Respect

RadNet's CEO, Howard G. Berger, had a 208:1 pay ratio compared to the median employee compensation of $43,611 in the 2024 fiscal year.

The company currently has no collective bargaining agreements covering any employees. A D.C. court ordered RadNet to bargain with unionized workers at six California facilities in April 2021, finding the company violated the National Labor Relations Act by refusing to negotiate. In May 2024, the National Labor Relations Board (NLRB) ruled that RadNet violated labor laws by failing to rehire a laid-off union worker and failing to bargain with the union, also stating that RadNet violated a settlement agreement. These constitute multiple substantiated labor law violations within the past three years.

Fair Trade & Ethical Sourcing

The provided articles for RadNet, Inc. primarily focus on corporate governance, financial performance, regulatory compliance within the healthcare sector, and internal operational standards. There is no specific, concrete evidence or data found in any of the articles that directly addresses the company's practices related to fair trade certifications, supplier audit frequency, incidents of forced or child labor, supply chain traceability, remediation speed for supplier violations, ethical sourcing clauses in supplier contracts, share of spend on high-risk materials, or supplier diversity spend.

Therefore, all KPIs for Fair Trade & Ethical Sourcing must be omitted due to a lack of relevant information.

Honest & Fair Business

RadNet's financial statements are audited by Ernst & Young LLP, an independent registered public accounting firm, covering the entire company.

No financial restatements have been mentioned in the provided articles. The company has a Code of Financial Ethics and a compliance program that mentions compliance with the Federal Anti-Kickback Statute and preventing Health Care Fraud and Abuse, indicating an FCPA-compliant policy. However, specific details on training frequency or effectiveness metrics for this policy are not provided. The external audit by Ernst & Young LLP also serves as independent verification of financial claims.

No War, No Weapons

RadNet, Inc. is a provider of diagnostic imaging services and related AI solutions, primarily operating in the United States and the UK.

The company's AI solutions are focused on medical applications such as cancer detection and treatment therapies for diseases like Alzheimer’s. There is no evidence in the provided articles to suggest that RadNet, Inc. has any involvement in arms manufacturing, military contracts, dual-use technologies with military applications, sales to embargoed regimes, or any other activities related to the defense sector. The company's AI technology is explicitly for civilian medical use, making military use impossible by design. Yahoo Finance ESG data indicates no significant involvement in military contracting or controversial weapons. Given the company's core business, there is no defense business to oversee, no dual-use products developed or sold, and no surveillance or intelligence activities.

Planet-Friendly Business

RadNet, Inc. does not have specific carbon reduction targets and is not participating in any tracked reduction initiatives or disclosure networks.

No publicly available carbon emissions data is provided by the company.

Respect for Cultures & Communities

RadNet, Inc. requires all employees to complete cultural sensitivity training annually.

However, no specific completion rate is provided to assess the effectiveness or reach of this training, preventing a more precise score.

Safe & Smart Tech

RadNet experienced a data breach on July 18, 2020, affecting 7,100 current and former employees, with notification occurring on September 21, 2020, a delay of over two months.

Compromised data included full names, social security numbers, driver's license numbers, dates of birth, addresses, and passport numbers. The company's privacy statement indicates that users can update account information, deactivate accounts, and manage location data collection, which represents basic data control options. Data retention periods are determined by relationship duration, legal obligations, and statutes of limitations, suggesting a lack of explicit data minimization practices. RadNet states compliance with various US state privacy laws, including CCPA, CPRA, Delaware, Maryland, and New Jersey, but the delayed notification of the 2020 breach suggests a reactive approach to regulatory requirements.