Alliance Imaging Completes Acquisition of Medical Consultants Imaging Co.ANAHEIM, Calif.--(BUSINESS WIRE)--Nov. 24, 1997--Alliance Imaging Inc. (Nasdaq: SCAN), the nation's largest provider of hospital-based fixed-site and mobile magnetic resonance imaging magnetic resonance imaging (MRI), noninvasive diagnostic technique that uses nuclear magnetic resonance to produce cross-sectional images of organs and other internal body structures. (MRI 1. (application) MRI - Magnetic Resonance Imaging. 2. MRI - Measurement Requirements and Interface. ) and computed tomography Computed tomography (CT scan) X rays are aimed at slices of the body (by rotating equipment) and results are assembled with a computer to give a three-dimensional picture of a structure. (CT) services, Monday announced that it has completed the previously announced acquisition of Medical Consultants Imaging Co. (MCIC MCIC Macedonian Cultural and Information Centre (UK) MCIC Missing Children Investigation Center MCIC Managed Care Information Center MCIC Manitoba Crop Insurance Corporation MCIC Macedonian Center for International Cooperation ), a Cleveland-based provider of mobile MRI services, CT services and other outsourced health care services. The acquisition also included MCIC's one-half interest in an operating joint venture in Michigan. The acquisition will add 14 mobile MRI scanners and several other diagnostic imaging systems operating primarily in Ohio, Michigan, Indiana, and Pennsylvania. The terms of the all-cash transaction were not disclosed. Chairman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Richard N. Zehner, commented: "The acquisition of MCIC is part of our continuing strategy to acquire high-quality regional diagnostic imaging service providers. This acquisition will provide us with a meaningful presence in two new market areas and will enable us to expand our operations in two other states." Alliance Imaging is a leading provider of comprehensive diagnostic imaging services to hospitals and other health care providers. Services are provided on either a mobile, shared-user basis or on a full-time single-user basis. CONTACT: Alliance Imaging Inc., Anaheim Terrence M. White, 714/688-7100 www.allianceimaging.com or Financial Relations Board, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. Karen Taylor, Moira Conlan, Steve Seiler, 310/442-0599 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion