Canadian imaging center operator CML HealthCare is moving ahead with its plan to exit the medical imaging business by selling off its imaging centers in the country.
The company has entered into deals to sell seven imaging centers in Ontario, 21 locations in British Columbia, and 17 inactive imaging licenses in Ontario, for total gross proceeds of $44.8 million (Canadian). The centers generated annual revenues of $32.6 million in 2012.
CML previously announced that it planned to sell off the majority of its medical imaging business and instead focus on its core laboratory business. In 2011, the firm sold off its U.S. imaging centers to RadNet and the Johns Hopkins Health System.
