Imaging firms send dispute to arbitration

Article

Imaging services firms MedAlliance and Health Images have chosenarbitration to settle their dispute over the size of an earnoutpayment related to HI's acquisition of 15 MedAlliance imagingcenters (SCAN 7/19/95). Atlanta-based Health Images and

Imaging services firms MedAlliance and Health Images have chosenarbitration to settle their dispute over the size of an earnoutpayment related to HI's acquisition of 15 MedAlliance imagingcenters (SCAN 7/19/95). Atlanta-based Health Images and MedAlliance,of Brentwood, TN, disagree over whether HI owes the full earnoutamount of $8.25 million, which is based on the performance ofthe centers in the first three months of 1995.

HI believes that it does not owe the payment and that MedAllianceshould pay $5 million as an adjustment for the purchase priceof the centers. HI said it is due the payment because of liabilitiesit assumed that were not agreed upon in the acquisition contract.Accounting and consulting firm Arthur Andersen & Co. willarbitrate the dispute.

MedAlliance announced last month that it has entered into abinding agreement to sell all its remaining assets to NationalMedical Care. The sale is subject to several conditions and MedAlliancehopes to hold a shareholders meeting in September to discuss thetransaction.

Recent Videos
Improving Access to Nuclear Imaging: An Interview with SNMMI President Jean-Luc C. Urbain, MD, PhD
SNMMI: 18F-Piflufolastat PSMA PET/CT Offers High PPV for Local PCa Recurrence Regardless of PSA Level
SNMMI: NIH Researcher Discusses Potential of 18F-Fluciclovine for Multiple Myeloma Detection
SNMMI: What Tau PET Findings May Reveal About Modifiable Factors for Alzheimer’s Disease
Emerging Insights on the Use of FES PET for Women with Lobular Breast Cancer
Can Generative AI Reinvent Radiology Reporting?: An Interview with Samir Abboud, MD
Mammography Study Reveals Over Sixfold Higher Risk of Advanced Cancer Presentation with Symptom-Detected Cancers
Combining Advances in Computed Tomography Angiography with AI to Enhance Preventive Care
Study: MRI-Based AI Enhances Detection of Seminal Vesicle Invasion in Prostate Cancer
What New Research Reveals About the Impact of AI and DBT Screening: An Interview with Manisha Bahl, MD
Related Content
© 2025 MJH Life Sciences

All rights reserved.