- AI
- Molecular Imaging
- CT
- X-Ray
- Ultrasound
- MRI
- Facility Management
- Mammography
Medical Resources revenue takes plunge
Image center operator Medical Resources reported its revenue at the end of 1999 was $157.6 million, compared to $179 million from the end of 1998. The company reported an operating loss of $5.8 million for the year. The company’s operating income
Image center operator Medical Resources reported its revenue at the end of 1999 was $157.6 million, compared to $179 million from the end of 1998. The company reported an operating loss of $5.8 million for the year. The companys operating income for 1999 was $4.6 million. The New Jersey-based company operates 83 imaging centers in the U.S.
Medical Resources revenue for the fourth quarter of 1999 was $37.5 million compared to $41.2 million from the previous year.
Last month, Medical Resources reached an agreement-in-principle with lenders to convert $75 million of debt into equity.
Medical Resources last month started negotiating the $75 million worth of senior notes, for which it has been in default of certain covenants since September. The company delayed its January interest payment on the notes during these negotiations.
The company attributes its default on the note covenants to price erosion in the imaging center market and a reduction of its personal injury claims business. The reduction of the claims business has caused the firms net revenue and cash flow to drop below what the company expected when it issued the senior notes. (SCAN 2/00).
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.
