DC DiagnostiCare acquires clinics

Imaging services firm DC DiagnostiCare of Edmonton, Alberta, announced last month that it has completed the purchase of four imaging clinic companies that provide service in Manitoba and Ontario. The companies include C&T Diagnostic Imaging of Ottawa, Metro Clinics of Winnipeg, Vid-X Limited of Toronto, and Central Ultrasound of southern Ontario. The purchases will increase DC DiagnostiCare’s gross revenue by $5.3 million and represent a concerted acquisition push for the final months of 1998.

DC DiagnostiCare has acquired more than 60 nonhospital-based medical imaging clinics across Canada since the beginning of the year. It now owns 94 clinics throughout Alberta, Manitoba, Ontario, and British Columbia (SCAN 6/10/98). The company plans to continue to focus its acquisition efforts on the more than 1200 nonhospital-based clinics across Canada. DC DiagnostiCare finalized its acquisition of North American Imaging last month, its first U.S. purchase.