• AI
  • Molecular Imaging
  • CT
  • X-Ray
  • Ultrasound
  • MRI
  • Facility Management
  • Mammography

Fonar launches leasing program to subsidiary

Article

In an effort to enhance its profitability, MRI vendor Fonar has begun a program of selling its MRI scanners to its wholly owned physician and medical imaging management subsidiary, Health Management Corporation of America (HMCA). HMCA operates 25 medical

In an effort to enhance its profitability, MRI vendor Fonar has begun a program of selling its MRI scanners to its wholly owned physician and medical imaging management subsidiary, Health Management Corporation of America (HMCA). HMCA operates 25 medical imaging centers and 12 primary-care and multispecialty offices in New York, Florida, Pennsylvania, and Georgia. Melville, NY-based Fonar will provide financing for HMCA under a lease arrangement and expects the strategy of upgrading select HMCA-managed facilities to improve the subsidiary’s operating profits and productivity.

Fonar announced last week that its first placement will be one of its open systems, 0.6-tesla magnet Quad 12000, to HMCA’s Garden City, NY, medical imaging center. HMCA’s executive director of diagnostic operations, Xavier Rodrigo, attributed the decision to install the unit at this particular center to the facility’s already increased revenues and scan volume. The system will be installed next quarter.

Related Videos
Improving the Quality of Breast MRI Acquisition and Processing
Can Fiber Optic RealShape (FORS) Technology Provide a Viable Alternative to X-Rays for Aortic Procedures?
Does Initial CCTA Provide the Best Assessment of Stable Chest Pain?
Making the Case for Intravascular Ultrasound Use in Peripheral Vascular Interventions
Can Diffusion Microstructural Imaging Provide Insights into Long Covid Beyond Conventional MRI?
Assessing the Impact of Radiology Workforce Shortages in Rural Communities
Emerging MRI and PET Research Reveals Link Between Visceral Abdominal Fat and Early Signs of Alzheimer’s Disease
Reimbursement Challenges in Radiology: An Interview with Richard Heller, MD
Nina Kottler, MD, MS
The Executive Order on AI: Promising Development for Radiology or ‘HIPAA for AI’?
Related Content
© 2024 MJH Life Sciences

All rights reserved.