InSight adds to imaging center stable

June 11, 1997

Imaging services firm InSight Health Services has signed an agreement to acquire an existing imaging center and to secure a majority ownership in the development of a new outpatient imaging center in the Midwest. The arrangement, which is expected to be

Imaging services firm InSight Health Services has signed an agreement to acquire an existing imaging center and to secure a majority ownership in the development of a new outpatient imaging center in the Midwest. The arrangement, which is expected to be completed by mid-July, will add approximately $8 million to InSight's annual net revenues and will strengthen its network's position for managed-care contracting, according to the company.

Within the Midwest, InSight now operates 18 MRI scanners and eight fixed-site multimodality imaging sites. InSight also has 42 MRI sites under contract in the region, according to the company.

In other InSight news, the Newport Beach, CA-based firm has completed its acquisition of three imaging networks in the Northeast. Those networks generated combined net revenues of $7 million in 1996, according to the company.