InSight exits San Fernando Valley
A wholly owned subsidiary of InSight has completed the sale of its final diagnostic imaging center in the San Fernando Valley of southern California to RadNet Management, a network of 160 outpatient imaging centers throughout California, Delaware, Maryland and New York.
“With the sale of this final center, we have now exited the San Fernando Valley, which was a non-core market for us. We are pleased to be able to focus our efforts going forward on the execution of other non-core market transactions and on our opportunities to reinvest in our chosen core markets,” said Kip Hallman, president and CEO of the Lake Forest, Calif.-based InSight.
“With the sale of this final center, we have now exited the San Fernando Valley, which was a non-core market for us. We are pleased to be able to focus our efforts going forward on the execution of other non-core market transactions and on our opportunities to reinvest in our chosen core markets,” said Kip Hallman, president and CEO of the Lake Forest, Calif.-based InSight.