Center firms sign definitive merger deal
Imaging center companies Medical Resources and NMR of America have signed a definitive agreement covering the merger of their respective firms (SCAN 5/22/96). Medical Resources of Hackensack, NJ, appears to be in the driver's seat of the merger, with
Imaging center companies Medical Resources and NMR of America have signed a definitive agreement covering the merger of their respective firms (SCAN 5/22/96). Medical Resources of Hackensack, NJ, appears to be in the driver's seat of the merger, with each share of Murray Hill,NJ-based NMR of America to be exchanged for 0.6875 shares of MedicalResources stock.
In addition, Medical Resources executives will occupy the executivesuites of the newly merged company, with Robert Adamson servingas co-president and CFO, and William Farrell co-president andCOO. NMR executives Joseph Dasti and John O'Malley will be retainedas consultants to the new company. Finalization of the mergeris subject to certain conditions, including shareholder approval.
In other news, Medical Resources announced that it has completedthe acquisition of an imaging center in Clearwater, FL. MedicalResources paid $1.3 million in cash and $1.7 million in stockfor the acquisition, which brings to 19 the total number of MedicalResources centers.
Newsletter
Stay at the forefront of radiology with the Diagnostic Imaging newsletter, delivering the latest news, clinical insights, and imaging advancements for today’s radiologists.
Where Things Stand with the Radiologist Shortage
June 18th 2025A new report conveys the cumulative impact of ongoing challenges with radiologist residency positions, reimbursement, post-COVID-19 attrition rates and the aging of the population upon the persistent shortage of radiologists in the United States.
How to Successfully Launch a CCTA Program at Your Hospital or Practice
June 11th 2025Emphasizing increasing recognition of the capability of coronary computed tomography angiography (CCTA) for the evaluation of acute and stable chest pain, this author defuses common misperceptions and reviews key considerations for implementation of a CCTA program.
The Reading Room: Artificial Intelligence: What RSNA 2020 Offered, and What 2021 Could Bring
December 5th 2020Nina Kottler, M.D., chief medical officer of AI at Radiology Partners, discusses, during RSNA 2020, what new developments the annual meeting provided about these technologies, sessions to access, and what to expect in the coming year.
Mammography AI Platform for Five-Year Breast Cancer Risk Prediction Gets FDA De Novo Authorization
June 2nd 2025Through AI recognition of subtle patterns in breast tissue on screening mammograms, the Clairity Breast software reportedly provides validated risk scoring for predicting one’s five-year risk of breast cancer.
