Insight Health Services Holdings (Insight Imaging) has completed its previously announced acquisition of eight imaging centers in the Phoenix, El Paso, TX, and Las Cruces, NM, areas from subsidiaries of MedQuest and Novant Health.
Insight Health Services Holdings (Insight Imaging) has completed its previously announced acquisition of eight imaging centers in the Phoenix, El Paso, TX, and Las Cruces, NM, areas from subsidiaries of MedQuest and Novant Health.
The acquisition brings the number of Insight Imaging’s “retail centers” to more than 60, according to Kip Hallman, president and CEO of the firm.
Retail centers are traditional freestanding imaging centers where Insight does all the billing and collections for payers, much like what RadNet has, Hallman said.
Insight Imaging can be found in 34 states but likes to keep its business in clusters. There are 13 centers in Phoenix and nine in California, as well as concentrations in Dallas/Fort Worth, Maine, Massachusetts, Connecticut, and New Jersey.
“We practice a core-market strategy,” Hallman said. “Our goal is to try to be bigger in places we think are strategic markets for us.”
Going forward, Insight Imaging will continue to try to acquire additional imaging centers in the markets where they are already established, according to Hallman.
“The only time we’ll be looking to enter a new market is if we can enter it with a fairly significant presence,” he said. “Otherwise, it’s not our plan to buy a whole bunch of centers in a whole bunch of places. We don’t think that’s a smart strategy.”
Insight Imaging, based in Lake Forest, CA, has two other lines of businesses and is developing a fourth.
The second business line comprises 16 wholesale imaging centers operated in conjunction with hospitals. Insight provides the services, such as MRI, and billing is handled by the hospitals.
The firm’s third business line consists of 102 mobile imaging facilities, 88 MRI and 14 PET/CT, where Insight provides the scanner and technologist. The images are then sent to the hospital’s radiology group, where they handle the interpretation and billing. A fourth business line will be launched at the RSNA annual meeting in November. It will provide infrastructure in the form of RIS/PACS, physician portals, and billing and collection services for clients, Hallman said.
What a New Meta-Analysis Reveals About PET/CT Radiotracers for csPCa
February 6th 2025The PET/CT agent 18F-PSMA-1007 offered the highest surface under the cumulative ranking curve (SUCRA) out of nine radiotracers at the patient and lesion level for detecting clinically significant prostate cancer (csPCa), according to a meta-analysis.
New CT Angiography Study Shows Impact of COVID-19 on Coronary Inflammation and Plaque
February 5th 2025Prior COVID-19 infection was associated with a 28 percent higher progression of total percent atheroma volume (PAV) annually and over a 5 percent higher incidence of high-risk plaque in patients with coronary artery lesions, according to CCTA findings from a new study.