Alliance Imaging Inc. Purchases Acclaim Medical LLC; Enters Positron Emission Tomography Services Business.ANAHEIM, Calif.--(BUSINESS WIRE)--Sept. 16, 1999-- Alliance Imaging Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: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. and computed tomography services, announced that it has purchased Acclaim Medical LLC, a Southern California-based provider of positron emission tomography positron emission tomography: see PET scan. positron emission tomography (PET) Imaging technique used in diagnosis and biomedical research. ("PET") services. Richard N. Zehner, chairman 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. , stated: "We are extremely excited to enter the emerging business of PET services. With recent approvals of reimbursement for selected cancer detection imaging procedures by the Health Care Financing Administration Health Care Financing Administration, n.pr department in the U.S. agency of Health and Human Services responsible for the oversight of the Medicaid and Medicare benefit programs, including guidelines, payment, and coverage policies. , we anticipate that numerous hospitals will seek access to this exciting diagnostic technology." Alliance will initially offer PET services on a mobile, shared-user basis, but also plans to operate fixed-site systems and enter into joint ventures with prestigious medical institutions to provide PET services. Alliance has already taken delivery of its first mobile PET system and will shortly begin provision of services to Tri-City Medical Center in Oceanside, Calif. Zehner added: "Our first PET system is a ECAT ECAT Escambia County Area Transit ECAT Emergency Committee for American Trade ECAT Electronic Commerce Action Team (New Zealand) Ecat equilibrium catalyst ECAT electronic card assembly and test ECAT Electronic Commerce Acquisition Team EXACT PET scanner manufactured by CTI Inc., an affiliate of Siemens Medical Systems Inc. Using our nationwide management and operations infrastructure along with relationships with over 1,000 hospitals and other healthcare providers, we plan to rapidly expand into this new market with the goal of becoming the nation's largest PET services provider." Alliance Imaging, an affiliate of Apollo Management L.P., is a leading provider of comprehensive diagnostic imaging and therapeutic services to hospitals and other healthcare providers. Services are provided on either a mobile, shared-user basis or on a full-time single-user basis. For more information about Alliance Imaging Inc. via facsimile, call 800/PRO-INFO and dial client code "SCAN." |
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