Alliance Imaging signs 5-year contract with Charleston Area Medical Center; announcement follows signing with MAGNET as exclusive provider of MRI and CT services.ORANGE, Calif.--(BUSINESS WIRE)--July 12, 1995--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) Wednesday announced it has signed a five-year contract to provide a new General Electric 1.0 Tesla Signa 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. ) scanner to Charleston Area Medical Center Charleston Area Medical Center (CAMC) is the name of a complex of hospitals in Charleston, West Virginia, formed via a merger of previously independent facilities. It is the state's largest hospital. , an 843-bed tertiary-care hospital in Charleston, W.Va. Services on the new scanner should commence later this month. The announcement follows a July 10 announcement that Alliance Imaging has signed a contract with Mid-Atlantic Group Network of Shared Services shared services, n.pl the administrative, clinical, or other service functions that are common to two or more hospitals or their health care facilities and used jointly or cooperatively by them. ("MAGNET") to be MAGNET's exclusive provider of MRI and CT (computed axial tomography Computed axial tomography (CT) Computed axial tomography (CT) is a x-ray technique that has the ability to image soft tissue, bone, and blood vessels. Mentioned in: Brain Biopsy computed axial tomography ) services; these services will be made available via individually negotiated contracts to MAGNET's 1100 member hospitals in 20 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . These two contracts further strengthen Alliance's position as the nation's largest provider of hospital-based, fixed-site and mobile MRI services. Chairman, president & 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, "We have provided services to Charleston Area Medical Center since 1990 and have developed a strong working relationship. We are pleased to have been selected to upgrade the MRI system and continue to be the provider of shared-user MRI services to this major health care facility." Zehner added, "The new Charleston MRI scanner will be the sixth unit we have acquired this year, three of these being new mobile, high-field MRI units. We plan to continue our strategy of upgrading our MRI fleet by adding up to three more high-field scanners this year, and believe that will help us in our drive to sign more long-term contracts and to increase our share of market. "At the same time, since we emphasize strong asset management, we are also getting meaningful trade-in values as we replace older MRI units." Zehner said that in the last year the company has enhanced its mobile and fixed-unit fleet by acquiring 21 MRI scanners to replace older units; of the newly acquired scanners, 10 are high-field (1.0 Tesla or greater) units and 11 are mid-field (0.5 Tesla) units. Alliance Imaging is a leading provider of comprehensive 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. The company currently operates 72 MRI units and 9 CT units nationwide. CONTACT: Alliance Imaging Inc. Terrence M. White, 714/921-5656 or South Coast Communications Group Owen Daley/ Rene Caron, 714/252-8440 |
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