Merge's acquisition of Signal Streamreflects PACS market consolidation
April 12th 1995DICOM provides fertile ground for sales growthPACS companies are jockeying for position in the race to takeadvantage of an impending boom in purchasing interest. Interfacefirm Merge Technologies moved itself a little closer to the insiderail
Ultrasound market treads water waiting for rebound in scanner sales
April 12th 1995This year's American Institute of Ultrasound in Medicine meeting in San Francisco found the diagnosticultrasound industry in a transition phase. By most accounts, theindustry has bottomed out from the drop in new scanner purchasingexperienced in 1993 and
Raytheon to combine with E-Systems
April 12th 1995Acquisition-minded defense firm E-Systems found itself on the other end of a buyout offer thismonth. The Dallas company, which spent much of the past two yearsaccumulating PACS and archiving firms, has agreed to be acquiredby fellow defense contractor
FDA clears Siemens artifact correction
March 29th 1995Siemens Medical Systems has become the second gamma camera vendor to win Food and DrugAdministration 510(k) clearance for a nonuniform attenuation correctionproduct. Siemens' Hoffman Estates, IL, nuclear medicine grouplast month got the FDA's imprimatur
Agfa PACS sales boom in first quarter
March 29th 1995Agfa is experiencing strong demand for its Impax PACS components, the Ridgefield Park, NJ,company reported last week. The company's total PACS sales inits electronic imaging division exceeded $12 million in the firstquarter of 1995, according to Vishal
GE's multivendor service coup forces competition to regroup
March 29th 1995Siemens and Picker are developing similar programsThe multivendor service deal forged this month between GE HealthCareServices and the Columbia/HCA hospital chain has other scannervendors shaking their heads. GE's competition is examining
3M unveils ultrasound DICOM network
March 29th 19953M has enhanced the functionality of its Image Management System PACS product by adding the abilityto send ultrasound images over a DICOM 3.0-compatible network.The St. Paul, MN, company will display the new capabilities atthis week's American Institute
CBS exposes firm's CIA connections
March 15th 1995The producers of ``60 Minutes'' dedicated about 12 minutes ofits Feb. 26 broadcast to investigate ties between the CIA andE-Systems, the Dallas-based company that has recently gained amajor stake in teleradiology and PACS technologies. CBS complimented
Lorad continues record sales pace
March 15th 1995Despite recessionary pressures, Lorad counts 1994 as another record year, with revenue growthin excess of 45%. The Danbury, CT, mammography equipment manufacturerreported sales of $55 million for the fiscal year ending Dec.31, compared to $37.5 million
PACS powerhouse could emerge from proposed Cemax/Icon merger
March 15th 1995Combined product line appeals to broader marketThe proposed merger of PACS component supplier Cemax with teleradiologymarket leader Icon has industry analysts buzzing about the marketimplications of a marriage between the two northern
GE scanners at ECR showfeature international focus
March 15th 1995Signa Contour and Sytec Synergy make their debut GE Medical Systems demonstrated its emphasis on the internationalmarket with two new scanner introductions at last week's EuropeanCongress of Radiology meeting in Vienna. GE debuted Signa
PACS market must overcome past hype to achieve commerical success in 1995
March 15th 1995Technology to make PACS work efficiently has finally arrivedIt has been more than a decade since medical imaging vendors beganpromoting the concept of picture archiving and communicationssystems (PACS). The initial promise of PACS was so great
Elscint reorganizes high-tech sales staffs
March 15th 1995Elscint has reinforced its reputation for ongoing structural change by again reorganizingits nuclear medicine and CT/MRI sales and marketing groups. Changes announced March 1 are intended to give the units clearlydefined lines of responsibility,
GE signs landmark service contract with Columbia/HCA hospital chain
March 15th 1995Five-year, turnkey deal covers hundreds of acute-care hospitalsGE Healthcare Services of Brooklyn Heights, OH, signed a five-yearagreement on March 2 to provide comprehensive equipment maintenanceand asset management services to hospitals owned
Siemens gets FDA nod on EPI sequences
March 1st 1995Siemens Medical Systems of Iselin, NJ, has received Food and Drug Administration 510(k) clearancefor an upgrade package that brings faster echo-planar imagingrise times to its 1.5-tesla Magnetom Vision MRI scanner. The packagewill be available as a free
FDA bottleneck on 3-D ultrasoundgives way with TomTec clearance
March 1st 1995FDA action comes in time for ACC meetingSomeone has lit a fire under medical device reviewers at the Foodand Drug Administration. While Congress debates reform of theagency and the way it approves medical devices, FDA staffers seemto have gotten