DHS closes ultrasound acquisition
Imaging services firm Diagnostic Health Services of Dallas announced last month that it has closed its acquisition of the ultrasound division of Diagnostic Imaging Services of Los Angeles. The division was acquired for a combination of $7.5 million in
Imaging services firm Diagnostic Health Services of Dallas announced last month that it has closed its acquisition of the ultrasound division of Diagnostic Imaging Services of Los Angeles. The division was acquired for a combination of $7.5 million in cash and assumption of $1.5 million in debt.
The deal completes the first part of a transaction between Diagnostic Health and DIS that was announced earlier this year (SCAN 1/22/97). In the second part of the acquisition, Diagnostic Health will buy four hospital-based MRI centers owned by DIS. DHS estimates that the ultrasound and MRI acquisitions will add $11 million in revenues to the company.
In other Diagnostic Health news, the company last month reported financial results for 1996 that show revenues rising 41%. For the year, DHS posted revenues of $24.2 million, compared with $17.1 million in 1995. The company's net income was $2.5 million, compared with $1.2 million the year before.
DHS chairman and CEO Max Batzer said that the DIS acquisitions, along with several other of the company's purchases, will bring the company to a run rate of approximately $50 million for 1997.
The Reading Room: Racial and Ethnic Minorities, Cancer Screenings, and COVID-19
November 3rd 2020In this podcast episode, Dr. Shalom Kalnicki, from Montefiore and Albert Einstein College of Medicine, discusses the disparities minority patients face with cancer screenings and what can be done to increase access during the pandemic.
What New Research Reveals About Novice Use of AI-Guided Cardiac Ultrasound
April 4th 2025In a study recently presented at the American College of Cardiology (ACC) conference, researchers found that novice use of AI-guided cardiac ultrasound after an AI-enabled electrocardiogram increased the positive predictive value for reduced left ventricular ejection fraction (LVEF) or aortic valve stenosis by 33 percent.
New AI-Enabled Portable Ultrasound May Facilitate 50 Percent Reduction in Cardiac Imaging Scan Time
March 28th 2025Artificial intelligence (AI)-powered measurement capabilities provide key features with the Compact Ultrasound 5500CV device, which was unveiled at the American College of Cardiology (ACC) conference.
