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Ultrafast CT developer Imatron of South San Francisco, CA, enjoyed sharply higher revenues in 1997 (end-December), but the company still posted an $11.4 million loss for the year due to expenses. For the year, Imatron reported sales of $39.4 million, an

Company is also hit with shareholder lawsuitEmbattled independent service organization COHR found itself under siege last week following a highly critical article in the financial newsweekly Barron's that prompted a sharp drop in the

Digital radiography developer Swissray International has signed an agreement with Agfa to distribute the film and PACS vendor's laser imagers, dry printers, and computed radiography systems. The OEM deal allows New York City-based Swissray to offer a

ADAC Laboratories of Milpitas, CA, and Siemens Medical Systems of Hoffman Estates, IL, have been named the preferred vendors in a dual-source group buy of nuclear medicine equipment issued by group purchasing organization Premier. Premier members are

Agfa Medical has received a letter of intent for a large-scale Impax installation from the University of Maryland Medical System. The Ridgefield Park, NJ-based film and PACS company will use the Impax network to link up the hospital's radiology, ER, and

Both vendors hope to offer "one-stop" cardiac studyThe rapid advances being made in cardiac MRI technology were evident at last month's American College of Cardiology meeting in Atlanta. The reality of cardiac MRI is finally starting to catch up

GE Medical Systems has announced a program designed to address its customers' Year 2000 needs. While it expects that the majority of its installed base will not encounter any Year 2000 issues, the Milwaukee vendor is offering a Year 2000 warranty on new

Merge sales surge in 1997Connectivity firm Merge Technologies appears to be benefiting from the coming of age of the PACS market. The Milwaukee, WI-based company posted a 52% increase in revenues for 1997.For the fourth quarter (end-December),

The nuclear medicine group of Siemens Medical Systems announced that it shipped its 100th ECAT Exact PET camera in March. The camera will be installed at the Rhoen Clinic in Bad Berka, Germany, according to the Hoffman Estates, IL-based division. With

Wanchoo has big plans for GE's PACS divisionExecutive targets 40% growth for IIS group in 1998GE Medical Systems has placed renewed emphasis on becoming a dominant player in all of its medical imaging markets, and PACS apparently is no

MRC introduces new PowerScribeThe MRC Group unveiled version 2.0 of its PowerScribe for Radiology speech recognition offering at the 1998 Healthcare Information & Management Systems Society (HIMSS) annual meeting. The new version features

Radiology gains respect at Orlando HIMSS showPACS firms have high profile at conferenceWhat a difference a year makes. This year's meeting of the Healthcare Information and Management Systems Society (HIMSS) found medical imaging and PACS

Mitra opens U.S. branch to focus on cardiology nicheCanadian PACS software developer Mitra Imaging has launched a U.S. company to develop cardiology image and information management products. The new company, based in Hartland, WI, will promote

Computer firm has netted $32.3 million in ordersIBM is discovering that its gamble to enter the highly competitive PACS market is paying off. In a DIN-PACS award valued at around $25 million, the company's consortium beat out a team led by PACS

IBM lands more DIN-PACS bids with orders for 10 U.S. Army sitesVendor leverages government contracting know-how for success If PACS market watchers weren't convinced that IBM is a big-time player in the industry, the recent award of 10

Merge sales surge in 1997Connectivity firm Merge Technologies appears to be benefiting from the coming of age of the PACS market. The Milwaukee, WI-based company posted a 52% increase in revenues for 1997.For the fourth quarter (end-December),

Recent PurchasesAcuson of Mountain View, CA, has installed its 150th Aegis digital image and data management network at Sparrow Hospital of Lansing, MI. The network links the 450-bed Sparrow hospital with a new diagnostic imaging center in the

RSNA, HIMSS join forces to sponsor systems integrationSocieties look to improve connectivity between PACS and HISIn an effort to speed up the consolidation of integrated image and information management systems, the Radiological Society

Live Picture technology speeds distribution of high-res imagesImage Server may find uses in medical imagingWhile the World Wide Web shows promise as a low-cost means of bringing the benefits of PACS to clinicians, it suffers from an

PACS/IS vendors need to clear up confusionIt was refreshing to see virtually all the major information systems vendors displaying PACS technology at February's Healthcare Information and Management Systems Society meeting in Orlando. One hopes

Executive drove ADAC’s quality improvementThe last 10 years have been busy ones for David Lowe. The imaging executive helped his company, ADAC Laboratories, grow from third place and a 12% share of the U.S. nuclear medicine industry to

Imaging center PACS market is profitable niche for DR SystemsVendor remains one of the last of the independent PACS firmsDR Systems has discovered an interesting niche in the PACS market. Formed in 1992, the small, independent company has

GE Medical Systems of Milwaukee and Picker International of Cleveland have received 510(k) clearances from the Food and Drug Administration for their respective diffusion-weighted packages for MRI scanning. Diffusion-weighted MRI is useful for early

No firm details yet on how GE will handle purchaseGE Medical Systems last month demonstrated the depth of its commitment to the ultrasound market by announcing its intent to acquire Diasonics Vingmed Ultrasound from Elbit Medical Imaging of Haifa,

Philips Medical Systems North America has tapped Christopher Farr to be vice president and country manager of the firm's Canadian Medical Systems operation. Farr, who most recently has directed the Shelton, CT-based firm's MR and CT product programs,

Siemens Medical Systems has added critical-care equipment support to its multivendor service program, which covers medical imaging equipment. The Iselin, NJ-based vendor has contracted with critical-care equipment provider Mediq/PRN Life Support, whose

Firm bests Agfa in race for first DIN-PACS sitePurchase order #0001 in the U.S. military's Defense Imaging Network-Picture Archiving and Communications Systems (DIN-PACS) project has been awarded to the consortium led by IBM's Global Government

Company's OEM relationships are in questionThe board of independent service organization COHR announced last month that it has decided to sell off the company. The move was not surprising, given the financial problems that have surfaced at the