OEC denied litigation appeal

Article

C-arm developer OEC Medical Systems of Salt Lake City reported last month that the Indiana Supreme Court has denied the company its petition for appeal of a suit brought by a terminated distributor in 1988. The final judgment is $4.9 million, including

C-arm developer OEC Medical Systems of Salt Lake City reported last month that the Indiana Supreme Court has denied the company its petition for appeal of a suit brought by a terminated distributor in 1988. The final judgment is $4.9 million, including interest, and the court's decision ends the litigation. Since OEC established a reserve in 1992 to cover the judgment, its operating costs will not be affected, according to the company. OEC executives declined to comment on the basis of the suit.

Related Videos
Emerging MRI and PET Research Reveals Link Between Visceral Abdominal Fat and Early Signs of Alzheimer’s Disease
Reimbursement Challenges in Radiology: An Interview with Richard Heller, MD
Nina Kottler, MD, MS
The Executive Order on AI: Promising Development for Radiology or ‘HIPAA for AI’?
Related Content
© 2023 MJH Life Sciences

All rights reserved.