RADNET ANNOUNCES PROPOSED $200

PROPOSED $200 MILLION UNDERWRITTEN PUBLIC OFFERING OF COMMON STOCK

LOS ANGELES, California,

March 7, 2024 - RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient

diagnostic imaging services, announced today that it intends to offer and sell, subject to market and other conditions, an underwritten

public offering of $200,000,000 of shares of common stock. In addition, RadNet intends to grant the underwriters a 30-day option

to purchase up to an additional $30,000,000 of shares of common stock. There can be no assurance as to whether or when the offering may

be completed, or as to the actual size or terms of the offering.

RadNet intends to use

the net proceeds from the proposed offering for general corporate purposes and potential future acquisitions.

Jefferies and Raymond

James are acting as joint bookrunning managers for the offering.

The securities described

above are being offered by RadNet pursuant to a shelf registration statement previously filed and declared effective by the Securities

and Exchange Commission ("SEC"). A preliminary prospectus supplement and accompanying prospectus relating to the offering

will be filed with the SEC. When available, copies of the preliminary prospectus supplement and the accompanying prospectus relating to

the offering may be obtained from: Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY

10022, by telephone at (877) 821-7388 or by email at prospectus_department@jefferies.com; or from Raymond James & Associates,

Inc., Attention: Equity Syndicate, 880 Carillon Parkway, St. Petersburg, Florida 33716, by telephone at (800) 248-8863, or by email at

prospectus@raymondjames.com. Electronic copies of the preliminary prospectus supplement and accompanying prospectus will also be available

on the website of the SEC at http://www.sec.gov.

This press release shall

not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities

in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under

the securities laws of any such state or jurisdiction.

RadNet, Inc., is the leading national provider

of freestanding, fixed-site diagnostic imaging services and related information technology solutions (including artificial intelligence)

in the United States based on the number of locations and annual imaging revenue. RadNet has a network of 366 owned and/or operated outpatient

imaging centers. RadNet's markets include Arizona, California, Delaware, Florida, Maryland, New Jersey and New York. Together with

affiliated radiologists, inclusive of full-time and per diem employees and technologists, RadNet has a total of over 9,700 employees.

Forward-Looking Statements

you that statements contained in this press release regarding matters that are not historical facts are forward-looking statements. These

statements are based on the company's current beliefs and expectations. Such forward-looking statements include, but are not limited

to, statements relating to the offering, including the timing and size of the offering and the anticipated use of proceeds therefrom and

the grant of the underwriters' option to purchase additional shares. The inclusion of forward-looking statements should not be regarded

as a representation by RadNet that any of its plans will be achieved. Actual results may differ from those set forth in this press release

due to the risks and uncertainties inherent in RadNet's business, including, without limitation: the risks and uncertainties associated

with market conditions and the satisfaction of customary closing conditions related to the proposed public offering and the other risks

and uncertainties described in the Company's filings with the SEC, included under the heading "Risk Factors" in the

Company's Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these

forward-looking statements, which speak only as of the date hereof, and RadNet undertakes no obligation to update such statements to reflect

events that occur or circumstances that exist after the date hereof. All forward-looking statements are qualified in their entirety by

this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Mark Stolper, 310-445-2800

Executive Vice President and Chief Financial