Los Angeles-based imaging services provider RadNet has completed its $1.8 million acquisition of Image Medical, the parent of PACS firm eRad of Greenville, SC.
In September, RadNet inked a deal to purchase eRad for cash and promissory notes. eRad has approximately 30 employees, including an R&D team of 11 software engineers in Budapest, Hungary.
More than 250 hospitals, teleradiology businesses, imaging centers, and specialty physician groups use eRad's technology to distribute, visualize, store, and retrieve digital images from all imaging modalities.
RadNet owns and operates 191 fixed-site outpatient imaging centers in the U.S.
Related Reading
RadNet to acquire eRad for $10.8M, September 13, 2010
eRad wins Texas order, August 25, 2010
eRad completes Mich. install, August 20, 2010
RadNet completes acquisition, August 12, 2010
RadNet adds to sales, net loss grows, August 10, 2010
Copyright © 2010 AuntMinnie.com
