NDR Takes: Vols Still Solid, Catalysts Coming Up, Integrated AI Differentiating

Research evidence excerpt

NDR Takes: Vols Still Solid, Catalysts Coming Up, Integrated AI Differentiating

y to expand to new

markets where current JV partners have footprints; 3) DeepHealth expects 1-2 contract wins with

hospitals for the rollout of its integrated administrative and clinical AI tech offering, fueling growth

in ARR for the co's digital health segment.

Digital Health Strategy Is Starting to Click, Integrated Offering Is Differentiated, Hospital Push

Coming.

There was a lot of interest in RDNT's Digital Health strategy, and mgmt noted their belief•

that their integrated imaging tech offering -- DeepHealth (DH) is the only one that can offer

a seamless end-to-end solution that includes a complete clinical AI suite, fully integrated

administrative tech that includes both RIS & PACS, and an automated report generator that

streamlines radiologists' workflows -- is a novel and differentiated offering that would change

the way the imaging market thinks about and contracts for tech services.

This complete set of clinical AI assets (largest in the world) is key to opening contracting opptys•

with new hospital clients and the moat that would enable RDNT to drive meaningful share

Brian Tanquilut * | Equity Analyst gains in the coming mos/yrs.

+1 (615) 963-8338 | btanquilut@jefferies.com

While RDNT continues to invest in DH, they see significant margin oppty as the business scales,• Jack Slevin, CFA * | Equity Analyst

with mgmt suggesting upside potential vs I-Day margin LRP, while noting that they have more +1 (212) 284-4686 | jslevin@jefferies.com

conviction in the DH strategy today than ever.

Brett Grulkowski, CFA * | Equity Associate

Stock's Disconnected From Fundamentals. Investors asked about the stock's recent softness, and +1 (615) 963-8316 | bgrulkowski@jefferies.com