CML HealthCare Income Fund, Mississauga, Ontario, has entered into a definitive agreement to acquire Baltimore-based American Radiology Services (ARS) for $151 million.

The largest asset of a radiology practice is the cash value of its accounts receivable, and that valuation is prominent in the deferred-compensation package for a retiring member. The language in that section of the employment agreement generally stipulates a formula that is based on historic collection ratios taken from the practice’s receivables

The nation’s first curriculum-based program for volumetric imaging began as do many collaborations between local businesses and technical colleges: a local start-up in search of a steady stream of skilled employees approached a local technical college.

This is the time of year when visions of sugarplums are fresh in our heads from the RSNA, and we like to reminisce about days gone by when radiologists and hospitals were friends and worked together in harmony for the good of the patient and the well being of the radiologist. Now, that is not to say that somewhere in our fair land things are not

Over the past 15 years, outpatient imaging has been subject to high growth rates. Because this has been particularly true of the more profitable high-end imaging services, this growth has attracted attention from all quarters. For the first 10 of those 15 high-growth years, outpatient imaging was most often provided by hospitals or by radiologists;

Increased imaging center transactional activity, changes in health care regulatory law, increased scrutiny of self referral, and a full year under the Deficit Reduction Act (DRA) conspired for a lively roundtable discussion at the 2007 Medical Imaging Symposium, sponsored by the law firm of McDermott, Will & Emory on November 27 in Chicago.

While McCormick Place hummed with science and commerce across town, an unusual gathering of top outpatient imaging center executives met for breakfast on the sixth floor of Chicago’s University Club on Tuesday, November 20. Adding to the unparalleled nature of the event were the invited guest speakers for the morning, two top executives from rival

When Paul S. Viviano, joined Alliance Imaging in January of 2003, the company was almost exclusively a mobile MRI vendor. Since then, the company’s chairman of the board and CEO has overseen an aggressive diversification strategy, moving the hospital-centric company into fixed-site MRI hospital partnerships, PET/CT, and most recently radiation