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Hologic settles dispute with Fleet
Hologic has reached a settlement in its two-year dispute with Fleet Business Credit regarding a Master Product Financing Agreement entered into in September 1996. Under the original agreement, Fleet acquired Hologic bone densitometry systems to lease to
Hologic has reached a settlement in its two-year dispute with Fleet Business Credit regarding a Master Product Financing Agreement entered into in September 1996. Under the original agreement, Fleet acquired Hologic bone densitometry systems to lease to physicians on a fee-per-scan basis throughout the U.S. During the course of this three-year deal, Hologic sold around $61 million of bone densitometers. Fleet, however, suffered substantial losses under the program and sought to shift losses to Hologic. The settlement agreement provides for all claims to be dismissed with prejudice, and for Hologic to repay Fleet $3.05 million: $1.5 million cash and a note for $1.55 million payable in three years. Certain fees collected from Fleet customers, including scan overages and excess pool deposits, will be counted against the money Hologic must repay Fleet. This credit could reduce the total due to Fleet in three years from $3.05 million to about $1 million.
MRI-Based AI Radiomics Model Offers 'Robust' Prediction of Perineural Invasion in Prostate Cancer
July 26th 2024A model that combines MRI-based deep learning radiomics and clinical factors demonstrated an 84.8 percent ROC AUC and a 92.6 percent precision-recall AUC for predicting perineural invasion in prostate cancer cases.
Breast MRI Study Examines Common Factors with False Negatives and False Positives
July 24th 2024The absence of ipsilateral breast hypervascularity is three times more likely to be associated with false-negative findings on breast MRI and non-mass enhancement lesions have a 4.5-fold likelihood of being linked to false-positive results, according to new research.
Can Polyenergetic Reconstruction Help Resolve Streak Artifacts in Photon Counting CT?
July 22nd 2024New research looking at photon-counting computed tomography (PCCT) demonstrated significantly reduced variation and tracheal air density attenuation with polyenergetic reconstruction in contrast to monoenergetic reconstruction on chest CT.
