Radiologix closes three centers

Imaging services provider Radiologix is terminating a medical services agreement with a radiology practice in its mid-Atlantic market and closing three diagnostic imaging centers there.

Professional reading responsibilities for certain other imaging centers will be transferred to another radiology practice, according to the Dallas-based firm. Radiologix recorded impairment charges of $6.5 million in its third quarter to write off intangible assets related to the termination of the medical services agreement, and $800,000 to write off long-lived assets for closing the three imaging centers.

By AuntMinnie.com staff writers
October 28, 2004

Related Reading

Radiologix CEO steps down, September 21, 2004

Radiologix reports Q2 loss, August 5, 2004

Radiologix amends lease facility with GE, July 12, 2004

Radiologix sells off six centers, May 10, 2004

Radiologix Q1 shows growth, May 6, 2004

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