Imaging veteran forms Questarto target open MRI center niche
September 25th 1996Questar buys 10 Siemens Magnetom Open scannersAs the imaging services industry consolidates, smaller centercompanies are beginning to look like little fish swimming in anocean of imaging center mega-chains. The conventional wisdom dictatesthat
Vendors mum on rumor that GEmay buy Lockheed Martin unit
September 25th 1996Acquisition would be third sale of PACS unitExecutives from GE Medical Systems and Lockheed Martin WesternDevelopment Laboratories Medical Imaging Systems aren't talkingabout a rumor that surfaced last week hinting that GE is planningto buy the
Speech-recognition companies hope radiologists embrace new products
September 25th 1996IBM's debut of MedSpeak puts pressure on smaller firmsOne of radiology's last bottlenecks is transcription. Radiologydepartments can spend anywhere from several hours to several daysrouting an exam interpretation from a radiologist to a
Agfa forms radiology consulting group
September 25th 1996Film and PACS vendor Agfa of Ridgefield Park, NJ, has formed aconsulting business with Deloitte & Touche Consulting Groupto offer advice to radiology departments on improving their businessprocesses. Called the Healthcare Consulting Alliance, the
Hewlett-Packard scanner gains FDA okay
September 25th 1996Ultrasound vendor Hewlett-Packard apparently has a new scannerwaiting in the wings. The Andover, MA, company gained Food andDrug Administration 510(k) clearance in August for a new diagnosticultrasound system. HP officials are not ready to make a
European vendors tackle digital x-ray
September 25th 1996The race to develop a digital x-ray detector is getting curiouserand curiouser. A consortium of European companies, including Siemens,Philips, and Thomson, have formed a joint venture to develop aflat-panel digital x-ray detector for medical imaging
ISG postpones release of financials
September 25th 1996ISG Technologies postponed the release of its year-end financialresults this month, citing a lawsuit filed against the Mississauga,Ontario, PACS developer by its former president and CEO ThomasCafarella. ISG said it needs time to determine whether it
GE acquisitions boost service program
September 25th 1996GE Medical Systems last month increased its growing investmentin the equipment maintenance sector by agreeing to acquire twocompanies that market service-related products. GE bought theU.S. healthcare insurance business of Specialty Underwriters ofOak
Siemens and Elscint agree to jointly develop and manufacture CT parts
September 11th 1996Cost pressures push vendors into relationshipThe German pioneer of spiral CT scanning and the Israeli developerof innovative dual-slice CT systems have agreed in principle tocooperate on the future development of CT technology. The twocompanies,
InSight to buy California center,along with trademark for open MRI
September 11th 1996InSight to form separate open MRI subsidiaryWhat's in a name? Ask that question of InSight Health Services.The Newport Beach, CA, imaging services provider believes it'sgetting more than just an imaging center with its proposed acquisitionof
PracSys plans PET center networkusing new linear accelerator design
September 11th 1996Company retools business plan after healthcare reformLinear accelerator developer PracSys is planning to develop anetwork of PET imaging centers using linear accelerators ratherthan cyclotrons to produce fluorodeoxyglucose. The company hasalso
Cemax-Icon awaits rebound of IPO market
September 11th 1996PACS software developer Cemax-Icon is laying plans to launch itslong-awaited initial public offering as soon as the IPO marketregains its footing. Executives with the Fremont, CA, companysay they should be able to launch the offering within five daysof
GE pays Star $9.4 million to settle breach-of-contract case
August 28th 1996Star also settles patent infringement suitGE Medical Systems this month paid Star Technologies $9.4 millionto settle a breach-of-contract case related to CT reconstructionprocessors Star supplied to GE for four years (SCAN 5/8/96 and3/27/96).
Feds slap GE with antitrust lawsuitrelated to advanced service software
August 28th 1996Allegations claim GE restricts competition in MontanaThe Justice Department filed suit this month against GE MedicalSystems, alleging that its licensing policies limiting accessto maintenance software for its CT and MRI products violate
Cafarella files suit after ISG ouster
August 28th 1996Medical imaging executive Thomas Cafarella has filed a lawsuitagainst PACS software developer ISG Technologies, charging thecompany with breach of contract after it fired him as presidentand CEO earlier this month. Cafarella has the support of a groupof
Toshiba names new head of U.S. unit
July 31st 1996Japanese multimodality vendor Toshiba has named a new presidentof its Toshiba America Medical Systems subsidiary in Tustin, CA.Masamichi Katsurada replaces Kunio Sumikawa, who returns to Toshiba'sTokyo headquarters to lead the medical systems division's
Sitco quietly expands presencein refurbished equipment market
July 31st 1996Hitachi connection helps used MRI effortThe one-time Technicare executives who went on to popularize HitachiMRI scanners and Sopha gamma cameras are expanding into the usedequipment market. In the past year, Sitco, a company owned by Summit
Picker's PQ 6000 CT scanner addscomputer horsepower for CT angio
July 31st 1996Scanner capable of simultaneous operationsA big boost in computer processing power is the heart of a newCT scanner developed by Picker International. The new system,PQ 6000, stands at the top of the Cleveland vendor's CT productline and includes
GE reexamines position in PET,sells product rights to Positron
July 31st 1996Positron must raise $25 million to complete purchaseWearied by a moribund market registering worldwide sales of only$40 million a year, GE Medical Systems announced this month thatit intends to sell its manufacturing and product development