Imaging center firm Medical Resources is making good on its promiseto carry out acquisitions in 1996. The Clifton, NJ, company saidlast week that it has completed agreements to buy three more imagingcenters, which bring the total number of facilities in
Scanner's high price may run afoul of managed careUltrasound vendor Acuson sees shades of 1983 in the release ofits new Sequoia ultrasound platform. That was the year that theMountain View, CA, vendor burst onto the ultrasound scene
Systems connectivity developer DeJarnette Research Systems isopening its first branch offices in response to healthy demandfor the company's products. The firm said last month that it hasopened offices in Milan, Italy, and Palm Beach, FL, and has
Sales efforts to focus on women's health servicesA year and a day after filing its 510(k) application with theFood and Drug Administration, Advanced NMR of Wilmington, MA,gained regulatory clearance to commence U.S. marketing effortsfor Aurora,
New policy raised the ire of radiologistsThe budget negotiations that snarled the U.S. government in Januaryalso caused the Health Care Financing Administration to postponeits technical advisory committee meeting from early February toMarch 26
Centocor withdrew Myoscint's PLA in 1993A Food and Drug Administration panel in January recommended approvalfor Centocor's Myoscint, a monoclonal antibody-based imaging agentthat was pulled from FDA consideration two years ago after
The expansionist trend of imaging services provider MediTek Healthcontinues. The Miami company announced this month that it willopen its 14th center, a multimodality facility to be built nearBirmingham, AL. The new center will be called Greystone
Imaging services provider MediTek Health of Miami is planningto open its 13th imaging center through an agreement reached witha New Jersey hospital, according to MediTek's parent, Heico ofHollywood, FL. The new facility, United MRI, will be located onthe
Damadian sees many routes to company comebackLess than a month after its first major exhibition in seven years,MRI pioneer Fonar has announced the receipt of five signed andfunded orders for its new Quad series of open-style MRI scanners.Another 10
Osteoporosis drug raises all corporate boatsLunar and Hologic aren't the only firms benefiting from increasedinterest in bone densitometry. The same good news that has ledto improved sales for the two bone densitometry segment leadershas
PET camera developer Positron is experiencing a shortage of workingcapital as it moves to fill a surge of orders it has receivedthis year for its PET technology. Positron received five orders for PET cameras this year, thehighest number in one year in
Positron has received an order for a Posicam HZL PET camera, thefourth such order the Houston company has won since April, whenthe Health Care Financing Administration granted Medicare reimbursementfor rubidium-82 studies (SCAN 4/12/95). The order was
Company pursues imaging center acquisitions Imaging services firm Medical Resources is proving that thereis life after managed care for the imaging center industry. TheClifton, NJ, firm decided to target managed-care contracts earlyon and has
Generic uses of term are okay, plaintiff saysThe owner of a Hayward, CA, imaging center that specializes inopen-architecture MRI has gone to federal court to assert trademarkrights over the name "Open MRI" for magnetic resonanceimaging
Medical imaging vendors that target China find a land of chaosand opportunity Cracking the world's largest potential market requires good researchand patienceMedical imaging companies attracted by the prospectof equipment sales in the
Restrictions will limit application of policyTwo federal agencies whose regulation of medical devices has madethem the targets of industry critics have jointly developed apolicy that promises to increase the access of Medicare patientsto new
Feds to pay when x-ray angio is contraindicatedThe Health Care Financing Administration last month expanded MedicarePart B coverage for magnetic resonance angiography of the heador neck in cases when x-ray angiography is contraindicated. The
NT Mobile scanner travels fully ramped upPhilips Medical Systems hopes to inject some life into the mobileMRI industry by releasing a transportable version of its 1.5-teslaGyroscan ACS-NT scanner. The magnet is unique among 1.5-teslasystems in
Bone densitometry competitors Lunar and Hologic are enjoying asurge in demand for their products thanks to Medicare reimbursementof dual-energy x-ray absorptiometry (DEXA). Unfortunately, theongoing legal battle between the arch-rivals is making it
HCFA granted Medicare reimbursement anywayThe Office of Health Technology Assessment displayed lukewarmenthusiasm for cardiac PET imaging using rubidium-82 in a studythat formed the basis for Medicare reimbursement of the procedure,which began
FDA roadblock awaits Des Plaines radiopharmacyRadiopharmacy chain Medi-Physics and cyclotron developer CTI Serviceshave entered a joint-venture agreement to operate a regional PETradiopharmacy to supply the Chicago area with
Decision bars reimbursement for low-field scans in private clinicsA German regulatory body dealt a major setback to the MRI industrylast week when it set stringent criteria that effectively banfederal insurance reimbursement in the country for
Policy makers at the Health Care Financing Administration havefinalized a national coverage policy for MR angiography that willsoon be published in one of the agency's coverage issues manuals,a HCFA official confirmed late last month. HCFA officials
Health Images claims center revenue fell shortHealth Images and MedAlliance are at loggerheads over the sizeof a contingent payment Health Images agreed to make as part ofits purchase of 15 MedAlliance imaging centers. The dispute willnot affect
Bone densitometry firm Lunar said its ongoing legal battle withHologic will result in unexpectedly high legal costs that willeat into profits for the fourth quarter (end-June). Lunar willprobably post profits for the quarter that are lower comparedto the
