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

Fonar subsidiary purchases MSO

Article

Fonar's physician practice management subsidiary, U.S. Health Management, has purchased a managed service organization (MSO) managing four high-volume primary-care practices in New York City. The practices are expected to add about $2 million to HMC's

Fonar's physician practice management subsidiary, U.S. Health Management, has purchased a managed service organization (MSO) managing four high-volume primary-care practices in New York City. The practices are expected to add about $2 million to HMC's operating profits over the next twelve months, according to Fonar of Melville, NY.

Accounting for over 52,000 patient visits per year, the practices have experienced an annual growth rate of 30% over the past five years and have contracts with several third-party payors and major managed-care organizations, according to Fonar. Fonar president and chairman Dr. Raymond Damadian said he is pleased with the growth of the HMC subsidiary and is encouraged by the potential the expansion offers for future Fonar MRI sales.

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.