Imaging services provider Radiologix is terminating a medical services agreement with a radiology practice in its mid-Atlantic market and closing three diagnostic imaging centers there.
Professional reading responsibilities for certain other imaging centers will be transferred to another radiology practice, according to the Dallas-based firm. Radiologix recorded impairment charges of $6.5 million in its third quarter to write off intangible assets related to the termination of the medical services agreement, and $800,000 to write off long-lived assets for closing the three imaging centers.
By AuntMinnie.com staff writers
October 28, 2004
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