RadNet Inc has acquired Lenox Hill?Radiology, New York, for approximately $30.3 million, which ?includes the assumption of approximately $1.2 million of debt. ?Lenox Hill has been an operator in the New York City market for 25 ?years. The cluster of centers includes its flagship Lenox Hill? Radiology multimodality facility at 61 East 77th Street. The Lenox Hill operations should add approximately $40 million of? revenue to RadNet on an annualized basis.? Howard Berger, MD, president and CEO of RadNet? said, “We are delighted to complete our first transaction in? Manhattan. With existing contiguous market presence in Northern New? Jersey and the surrounding New York markets of Rockland County,? Westchester County, and Brooklyn, the borough of Manhattan is a logical? extension for RadNet.”
