Los Angeles-based imaging services provider RadNet has completed its $5.5 million acquisition of teleradiology firm Imaging On Call of Poughkeepsie, NY.
The transaction includes contingent compensation of as much as an additional $2.5 million if Imaging On Call reaches certain performance milestones in 2011.
Imaging On Call's services include preliminary, final, and subspecialty teleradiology coverage over a range of imaging modalities, including CT, MRI, ultrasound, nuclear medicine, and x-ray.
Imaging On Call contracts with hospital-based and nonhospital-based radiology groups, hospitals, imaging centers, and research foundations for remote interpretation of diagnostic imaging exams.
Related Reading
RadNet to acquire Imaging On Call, December 22, 2010
RadNet sales grow, net loss narrows in Q3, November 11, 2010
Imaging On Call adds PACS backup option, November 9, 2010
RadNet completes eRad acquisition, October 1, 2010
Imaging On Call takes IDS technology, May 19, 2010
Imaging On Call expands services, March 22, 2010
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