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

Fonar sells outpatient operation

Article

Wholly owned Fonar subsidiary Health Management Corporation of America (HMCA) sold its stock April 8 in A&A Services, a physician practice management services organization that manages four primary-care practices in New York City. The sale was made to

Wholly owned Fonar subsidiary Health Management Corporation of America (HMCA) sold its stock April 8 in A&A Services, a physician practice management services organization that manages four primary-care practices in New York City. The sale was made to the former owners for $3 million cash. The buyers also forgave Fonar debts of about $1.1 million. About five years ago HMCA purchased A&A for $10 million payable in a combination of cash, promissory notes, and HMCA stock. Fonar emphasized that no family, business, or other material relationship exists between the buyers and any directors or officers of Fonar, HMCA, or its respective affiliates.

Related Videos
Emerging Research at SNMMI Examines 18F-flotufolastat in Managing Primary and Recurrent Prostate Cancer
Could Pluvicto Have a Role in Taxane-Naïve mCRPC?: An Interview with Oliver Sartor, MD
New SNMMI President Cathy Cutler, PhD, Discusses Current Challenges and Goals for Nuclear Medicine
Where the USPSTF Breast Cancer Screening Recommendations Fall Short: An Interview with Stacy Smith-Foley, MD
A Closer Look at MRI-Guided Transurethral Ultrasound Ablation for Intermediate Risk Prostate Cancer
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?
Related Content
© 2024 MJH Life Sciences

All rights reserved.