Rapid Radiology acquires AMI

Michael Walter | | Radiology Business | Economics

Rapid Radiology, a Lakeway, Texas-based radiology and telemedicine company, has announced the acquisition of Advanced Medical Imaging & Teleradiology (AMI). The terms of the deal were not made public.

Mike Spears, Rapid Radiology vice president, told RadiologyBusiness.com the company is thrilled to be starting off the year with this news.

“We’re happy to announce the acquisition of AMI, and feel it will help us to better serve our customers throughout the country,” Spears said.

Rapid Radiology provides its services to more than 18,000 facilities, including at least one in all 50 states.

Mergers and acquisitions within the imaging industry have become increasingly common in recent years, and this announcement is a sign that the trend may continue in 2016. 

Michael Walter
Michael Walter, Managing Editor

Michael has more than 18 years of experience as a professional writer and editor. He has written at length about cardiology, radiology, artificial intelligence and other key healthcare topics.

Related Content

Congress ditches doc fix in stopgap end-of-year funding bill
Teleradiology provider inks post-acute care deal worth $1.5M annually
US Radiology Specialists affiliate expands into new market
Radiologist rails against insurer’s refusal to cover key interventional service
Blue Cross Blue Shield affiliate rejects MRI contrast coverage, labeling it ‘investigational’
Radiology experts say state Medicaid rates must increase to improve imaging access

Around the web

Health Imaging
Nearly $800,000 settlement offered to family of man who died during MRI exam

The patient, who was being cared for in the ICU, was not accompanied or monitored by nursing staff during his exam, despite being sedated.

Cardiovascular Business
Global shortage of nuclear imaging isotopes may be over

The nuclear imaging isotope shortage of molybdenum-99 may be over now that the sidelined reactor is restarting. ASNC's president says PET and new SPECT technologies helped cardiac imaging labs better weather the storm.

Cardiovascular Business
‘A huge win’: CMS significantly increases Medicare payments for cardiac CT

CMS has more than doubled the CCTA payment rate from $175 to $357.13. The move, expected to have a significant impact on the utilization of cardiac CT, received immediate praise from imaging specialists.