Alliance Imaging announces acquisition of West Coast Mobile Imaging.ORANGE, Calif.--(BUSINESS WIRE)--Oct. 2, 1996--Alliance Imaging Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :SCAN), the nation's leading 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, on Wednesday announced that it has acquired certain assets and associated contracts from Santa Ana Santa Ana, city, El Salvador Santa Ana (sän'tä ä`nä), city (1993 pop. 129,873), W El Salvador. It is the second largest city in the country and the commercial and processing center for a sugarcane, coffee, and cattle region. , Calif.-based West Coast Mobile Imaging. According to Alliance Chairman, President and Chief Executive Officer Richard N. Zehner, the acquisition will add sixteen new CT customers located throughout Southern California. The terms of the all-cash transaction were not disclosed. Zehner commented, "This acquisition is part of our continuing strategy to acquire regional diagnostic imaging service providers." He continued, "Although the West Coast Mobile Imaging acquisition is comparatively small, it is important to note that this acquisition will increase Alliance's market share and the productivity of our existing CT units in Southern California." Alliance Imaging is a leading provider of comprehensive diagnostic imaging 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. The company currently operates 87 MRI and 8 CT units nationwide. CONTACT: Allen & Caron Inc/South Coast Communications Group Marty Tullio (investors) Owen Daley (media) 714/252-8440 |
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