Fonar's ship finally came in this month when the Melville, NY, company released fourth-quarter and year-end financial results that show the impact of the firm's victory over GE Medical Systems in MRI patent litigation. Fonar reported net income of $56.1

Toshiba America Medical Systems and Agfa, of Ridgefield Park, NJ, have broadened their value-added reseller agreement. The new deal enables Toshiba to sell Agfa's ADC computed radiography readers, as well as the Impax PACS line to which Toshiba has

The recovery of the medical imaging market has prompted Philips Medical Systems to implement a 3% increase in prices for all its medical imaging systems, components, and services. The increase is effective immediately.A Philips spokesperson said the

It may finally be time for MRI developer Fonar to break out the champagne. Without comment, the U.S. Supreme Court on Oct. 6 declined to hear General Electric's final appeal of a multimillion-dollar judgment levied against the Milwaukee company for

Advanced Magnetics is best known for developing contrast media designed for use with MRI scanners, but the Cambridge, MA, company sees potential outside the MRI market. Advanced Magnetics reported this month that it has entered an option agreement to

Varian Associates has offered to purchase the radiotherapy service and support operation of GE Medical Systems in a deal that will cover all of the Milwaukee vendor's worldwide radiotherapy service and customer support operations. GEMS has a global

Philips has received a patent for a technology similar to that used in an open MRI scanner, but don't expect the company to introduce an open system based on the patent any time soon. The company confirmed that it has received the patent, but said that

Philips and Camtronics to work on cardiac PACSPhilips Medical Systems International and Camtronics Medical Systems have signed a strategic alliance to jointly develop cardiac image archiving and information management solutions. The resulting

HIS firms see PACS in enterprise-wide contextInformation systems vendors may have inside track on PACS firmsThe PACS and teleradiology markets for years have been the domain of radiology-centered companies, such as modality vendors, x-ray

Recent PurchasesSterling Diagnostic Imaging of Greenville, SC, signed on its first large-scale PACS site in the U.S. in September with an agreement with Wellmont Bristol Regional Medical Center in Bristol, TN. The three-year contract is valued

It wasn't unexpected, but it was impressive all the same. German multimodality vendor Siemens pulled out all the stops with the introduction of two new short-bore MRI magnets at an international press conference held Sept. 18 at its Medical Engineering

HIS companies should not be underestimatedIt should be no surprise that healthcare information system vendors are turning their attention to the PACS market. PACS is a high-priced technology that, despite years of being on the cusp of success,

It's been a long road back, but the nuclear medicine group of Siemens Medical Systems can finally claim to have accomplished its long-awaited turnaround. Executives with the Hoffman Estates, IL, division are reporting a return to market share and revenue

UCSF moves PACS from research tool to clinical practice with Agfa's helpUniversity encountered barriers to expanding home-grown PACS networkThe University of California, San Francisco was one of the early adopters of PACS technology,

Film digitizer market leader Lumisys has agreed to acquire PACS and teleradiology software developer CompuRad. The deal would unite two of the largest PACS and teleradiology component providers in the industry.For CompuRad, the deal provides access to

HIS companies should not be underestimatedIt should be no surprise that healthcare information system vendors are turning their attention to the PACS market. PACS is a high-priced technology that, despite years of being on the cusp of success,

Big Vencor PACS order boosts Olicon's revenuesA major order for PACS technology from long-time customer Vencor has helped spur Olicon Imaging Systems to sharply higher revenue growth for the first six months of 1997. The Aliso Viejo, CA, company

Lumisys to expand in PACS with acquisition of CompuRadDeal caps whirlwind year for CompuRadLumisys late last month made a decisive move to expand beyond its core x-ray film digitizer market with the signing of an agreement to acquire

Purchase is step in drive to offer one-stop serviceGE Medical Systems this month added over 200 trained service technicians to its multivendor imaging and biomedical equipment maintenance business in the U.S. through the acquisition of the

Wellmont Bristol contract valued at over $1 millionSterling Diagnostic Imaging's PACS efforts continue to build momentum. The Greenville, SC-based vendor has signed on Wellmont Bristol Regional Medical Center in Bristol, TN, to be the company's