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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

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

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

Nuclear medicine struggles to dispel gloomy predictions of modality's futureVendors must work together to improve specialty's fortunesLast month's Society of Nuclear Medicine meeting in Minneapolisfound the nuclear medicine community at yet

Consolidated Technology Group (COTG) reported last week that it has completed its acquisitionof the Magnetic Resonance Institute in Arlington, VA. COTG, ofNew York City, bought the center for $950,000 in cash. The purchasecompletes the company's goal of

In a case considered a harbinger of things to come for the imaging center industry, Thomas E. Haire,founder of Radiation Care, an Atlanta-based radiation therapyprovider, agreed in December to a fine of $2 million, ending atwo-year federal investigation

Products target expanding market for bone examsTwo leading vendors of bone densitometry equipment, Lunar andHologic, are in the peak financial condition following recordsales in 1994. Both companies expect their fortunes to improveeven further