International Oncology Network Selects ADAC Laboratories and American Diagnostic Medicine as Exclusive Pet Imaging Suppliers.Business Editors/Health & Medical Writers MILPITAS, Calif.--(BW HealthWire)--May 16, 2000 ADAC ADAC Allgemeiner Deutscher Automobil Club (German automobile club) ADAC Aboriginal Drug and Alcohol Council ADAC Art Directors and Artists Club (Sacramento, California) ADAC Alcohol and Drug Abuse Council Laboratories (Nasdaq:ADAC) and American Diagnostic Medicine (ADM See add/drop multiplexer. (language) ADM - A picture query language, extension of Sequel2. ["An Image-Oriented Database System", Y. Takao et al, in Database Techniques for Pictorial Applications, A. Blaser ed, pp. 527-538]. ) of Elmhurst, IL, announced today that they have jointly signed an exclusive agreement with International Oncology Network (ION) of Baltimore, MD, a physician-driven provider network specializing in oncology, to offer PET (positron emission tomography positron emission tomography: see PET scan. positron emission tomography (PET) Imaging technique used in diagnosis and biomedical research. ) imaging capabilities to ION's network of 2,000 oncologists. This agreement is an offshoot of the recently formed FirstNuclear joint venture between ADAC and ADM to create nationwide freestanding PET centers and total turnkey solutions for in-house PET testing. The FirstNuclear program, which combines ADAC's PET technology with ADM's service capabilities, furnishes on a contract basis the latest in ADAC's C-PET(TM) technology, a trained technologist to perform the diagnostic exams, and all supplies, marketing support, health physics, state licensing and procedures coding. It also includes a network, created by ADAC and ADM, of leading PET specialists to provide over-read capabilities and educational opportunities for radiologists at each PET center. "The First Nuclear program is a great opportunity for ION and our oncologist members," said Ron Conheim, ION's senior vice president. "We are very pleased to add FirstNuclear PET imaging to our host of value-added programs. Under the terms of the agreement, any ION member may contract with FirstNuclear to bring this revolutionary technology into their offices as they work to provide their patients with early diagnosis and the most beneficial cancer treatments." "The collaboration with ADM has been very successful in cardiology cardiology Medical specialty dealing with heart diseases and disorders. It began with the 1749 publication by Jean Baptiste de Sénac of contemporary knowledge of the heart. Diagnostic methods improved in the 19th century, and in 1905 the electrocardiograph was invented. by generating a number of new opportunities that would not have been possible without ADM's capabilities," said Jeff Nelson Jeff Nelson can refer to different people:
n the diagnostic imaging field that evaluates organ function by injecting isotopes into a structure and documenting the amount of radiation emanating from the tissues. ." Until recently, only a small number of research institutions and major medical centers could afford to acquire PET technology. Since 1995, ADAC Laboratories has been developing PET scanners PET scanner n. A device that produces cross-sectional x-rays of metabolic processes by means of positron emission tomography. PET scanning n. for a wider market. In mid-1998, ADAC introduced C-PET, a dedicated whole body PET scanner optimized for the clinical market. C-PET represents a breakthrough in the quality of health care, by accurately detecting the source of many types of cancers and eliminating the need for costly redundant testing or interventional surgical procedures Surgical procedures have long and possibly daunting names. The meaning of many surgical procedure names can often be understood if the name is broken into parts. For example in splenectomy, "ectomy" is a suffix meaning the removal of a part of the body. "Splene-" means spleen. . A rapidly increasing number of medical practitioners and insurers are recognizing PET as the standard for medical diagnostic imaging. The U.S. 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. (HCFA HCFA abbr. Health Care Financing Administration HCFA, n.pr See Health Care Financing Administration. ) has approved Medicare reimbursement for PET scans in lung cancer lung cancer, cancer that originates in the tissues of the lungs. Lung cancer is the leading cause of cancer death in the United States in both men and women. Like other cancers, lung cancer occurs after repeated insults to the genetic material of the cell. detection and staging, colorectal cancer colorectal cancer Malignant tumour of the large intestine (colon) or rectum. Risk factors include age (after age 50), family history of colorectal cancer, chronic inflammatory bowel diseases, benign polyps, physical inactivity, and a diet high in fat. , Hodgkin's and non-Hodgkin's lymphomas, and melanoma. Breast, head-and-neck and other cancers are currently under HCFA consideration for approval. About ADM American Diagnostic Medicine, Inc. (ADM), a privately owned corporation, is a comprehensive service provider specializing in a variety of medical diagnostic technologies. ADM's programs consist of dedicated fixed-site or mobile service, turnkey operations, shared ownership, and other partnership arrangements. These programs enable hospitals, free-standing clinics, group practices, and other managed care providers to deliver top-quality medical care using the latest in technologies while keeping their healthcare costs -- and risks -- to an absolute minimum. For more information about ADM and FirstNuclear, visit www.firstnuclear.com. About ADAC Laboratories ADAC Laboratories is the world market-share leader in nuclear medicine and radiation therapy planning systems, and a technology leader in providing clinical workflow solutions, management information and knowledge systems to healthcare organizations in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . ADAC is headquartered in Milpitas, CA, and its HealthCare Information Systems Division is located in Houston, TX. Additional information about ADAC can be found on its web site at www.adaclabs.com. This news release contains forward-looking statements, including statements concerning joint marketing activities with ADM. Factors that could cause actual results to differ materially from those in such forward-looking statements include risks related to the growth prospects of the nuclear medicine imaging market, the ability of ADAC to compete effectively in the nuclear medicine imaging market, the parties' abilities to successfully integrate products and services, as well as the other factors described in the "Business Considerations" section of the company's Forms 10-K and 10-Q. All forward-looking statements are based on information available to the company on the date hereof, and the company assumes no obligation to update such statements. Note to Editors: C-PET is a trademark of ADAC Laboratories. |
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