RadNet layoffs, on the record
Every job cut, severance charge and restructuring RadNet reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 7,872 full-time, 569 part-time and 1,847 per diem employees | At December 31, 2023 |
| 10-K for 2024 | 8,546 full-time, 454 part-time and 2,021 per diem employees | December 31, 2024 |
| 10-K for 2025 | 8,844 full-time, 432 part-time and 1,988 per diem employees | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryRadNet reported severance costs in its consolidated statement of operations for 2024, 2023 and 2022.
Word for word“Severance costs 1,902 3,778 946 Total operating expenses 1,725,043 1,517,933 1,383,698 INCOME FROM OPERATIONS 104,621 98,697 46,363 OTHER INCOME AND EXPENSES Interest expense 79,849 64,483 50,841 Equity in earnings of joint ventures ( 14,472 ) ( 6,427 ) ( 10,390 ) Non-cash change in fair value of interest rate swaps 8,006 8,185 ( 39,621 ) Debt restructuring and extinguishment expenses 11,292 — 731 Other income ( 24,916 ) ( 6,354 ) 1,833 Total other expenses, net 59,759 59,887 3,394 INCOME BEFORE INCOME TAXES 44,862 38,810 42,969 Provision for income taxes ( 6,026 ) ( 8,473 ) ( 9,361 ) NET INCOME 38,836 30,337 33,608 Net income attributable to noncontrolling interest 36,043 27,293 22,958 NET INCOME ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS $ 2,793 $ 3,044 $ 10,650 BASIC NET INCOME PER SHARE ATTRIBUTABLE TO RADNET, INC.” 10-K for 2024
Our summaryRadNet recorded severance costs within its Digital Health segment for 2024, 2023 and 2022.
Word for word“Other operating loss (gain) 19 (4) 23 23 (27) Severance 807 1,805 20 (998) 1,785 Total operating expenses 80,636 52,099 45,956 28,537 6,143 Loss from operations (14,930) (2,523) (7,898) (12,407) 5,375 Other expense (income) 5,419 4,537 1,920 882 2,617 Income before taxes (20,349) (7,060) (9,818) (13,289) 2,758 Income taxes (424) (1,906) (3,342) 1,482 1,436 Segment net loss (19,925) (5,154) (6,476) (14,771) 1,322 Year Ended December 31, 2024 Compared to the Year Ended December 31, 2023 49 Revenues for the Digital Health segment increased as a result of core growth in our eRad PICS business, the rollout in 2023 of our Deephealth OS, and continued rollout of our Enhanced Breast Cancer Detection solutions across additional facilities.” 10-K for 2024
| Fiscal year ended | Severance costs |
|---|---|
| 2016-12-31 | $2.9 million |
| 2017-12-31 | $1.8 million |
| 2018-12-31 | $1.9 million |
| 2019-12-31 | $1.6 million |
| 2020-12-31 | $4.4 million |
| 2021-12-31 | $744,000 |
| 2022-12-31 | $946,000 |
| 2023-12-31 | $3.8 million |
| 2024-12-31 | $1.9 million |
| 2025-12-31 | $3.1 million |
RadNet has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from RadNet’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-03-02. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.