Overcoming COVID-19 Challenges

COVID-19 Challenges

COVID-19 Challenges

All businesses are facing COVID-19 challenges. As such, RadNet has experienced significant financial turmoil due to COVID-19. It was not permitted to perform elective surgeries that generate a large portion of its revenue in order to conserve personal protective equipment.

In response, Continental East Development extended its lease for 12 months. CED structured a payment plan that will allow RadNet to issue lease payments for April, May, and June 2020 over 2021.

For more info on RadNet, see their website: www.radnet.com

Click here to learn more about Continental East Fund IV, LLC.

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