Imaging services provider InSight Health Services, which was formed by the merger of American Health Services and Maxum Health in June 1996, appears to be reaping the benefits of the corporate marriage. The Newport Beach, CA-based company reported robust
Imaging services provider InSight Health Services, which was formed by the merger of American Health Services and Maxum Health in June 1996, appears to be reaping the benefits of the corporate marriage. The Newport Beach, CA-based company reported robust fourth-quarter and year-end results, marking the fourth straight profitable quarter for the company.
For its fourth quarter (end-June), InSight posted total revenues of $24.9 million, a 7.4% increase compared with the combined, unaudited figure of $23.2 million by Maxum and American Health during the same period in 1996. Net income was $533,000, compared with a combined net loss before an extraordinary item of $3.5 million in 1996.
Total revenues for the year were $93.1 million, a 6.9% increase compared with a combined sum of $87.1 million for the same period in 1996. Net income was $1.3 million, compared with a combined loss per share of $3.58 last year.
InSight continues to move forward with the development of a radiology co-sourcing offering, according to Larry Atkins, president and CEO. Atkins also said that the company is making progress with the launch of its open MRI division, which will develop networks of open MRI centers (SCAN 9/11/96).
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.