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S&P: RadNet outlook stable
Standard & Poor's said it revised the outlook on RadNet Management Inc. to stable from positive.
The outlook is stable.
The action reflects the view that RadNet's financial risk profile will not improve sufficiently within the next 12 months to warrant an upgrade, according to the agency.
The B rating reflects the fragmented and competitive nature of the diagnostic imaging industry, relatively low barriers to entry, reimbursement risk and the company's considerable dependence on an affiliated entity for its professional staffing, S&P said.
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