Teleradiology services provider Virtual Radiologic of Minneapolis posted 23% revenue growth in its first quarter (end-March 31), while net income fell.
For the period, the company recorded sales of $28.6 million, compared with revenue of $23.3 million in the corresponding quarter a year ago. The company said the growth was primarily due to a 25% increase in the number of hospitals and medical facilities it serves, which grew to a total of 1,050 as of March 31.
The firm's net income slipped to $1.4 million, compared with net income of $2 million in the corresponding quarter of 2008.
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Virtual Radiologic inks Brazilian deal, November 25, 2008
Road to RSNA, Teleradiology Services, Virtual Radiologic, November 11, 2008
Road to RSNA, Healthcare Informatics, Virtual Radiologic, November 10, 2008
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