A Medical Device Daily
Alliance Imaging (Newport Beach, California), a national provider of outpatient diagnostic imaging services and radiation therapy services, reported that it has acquired Medical Outsourcing Services (MOS; Naperville, Illinois), a mobile provider of positron emission tomography/computed tomography (PET/CT).
MOS currently generates about $22 million of annual net revenue and serves about 90 clients in Illinois, Indiana, Iowa, Michigan, Missouri, New Jersey, Ohio, Pennsylvania and Wisconsin.
The purchase price is expected to total about $20 million in cash and assumed indebtedness.
Alliance had 500 diagnostic imaging and radiation therapy systems, including 314 MRI systems and 81 PET or PET/CT systems, and served more than 1,000 clients in 44 states as of March 31.
The company operated 88 fixed-site imaging centers (five in unconsolidated joint ventures), which includes systems installed in hospitals or other buildings on or near hospital campuses, medical groups' offices, or medical buildings and retail sites.
It also operated 18 radiation therapy centers and stereotactic radiosurgery facilities (two radiation therapy centers are in unconsolidated joint ventures) as of March 31.
SDI (Plymouth Meeting, Pennsylvania), a provider of healthcare analytics, reported that it has acquired Verispan (Yardley, Pennsylvania), a provider of healthcare information and services.
The companies said the acquisition creates the healthcare industry's "most comprehensive de-identified longitudinal database" serving the pharmaceutical, biotechnology, medical device, medical/surgical, hospital, pharmacy, financial, payer, consumer packaged goods and government healthcare market segments, among others.
SDI said that the addition of the Verispan product and service portfolio "uniquely positions" it to offer an "unmatched solution suite" for clients, including the pharmaceutical and healthcare sectors that are under tremendous, ongoing pressure to reduce costs and improve outcomes.
The acquisition brings together SDI's custom patient-level data analytics with Verispan's syndicated patient-level data and audit-based analytic solutions; healthcare lists and profiles; and marketing services.
"The acquisition of Verispan is an important element of our growth strategy, and it extends our ability to meet client needs throughout the entire spectrum of healthcare data and analyses," said Andrew Kress, CEO of SDI. "We consider this an important milestone toward our goal of continuing to deploy innovative next-generation healthcare analytic products and services.
Verispan, originally formed as a healthcare informatics joint venture of Quintiles Transnational (Research Triangle Park, North Carolina) and McKesson (Alpharetta, Georgia), provides a broad array of information products and services to virtually all of the top 50 pharmaceutical companies and the healthcare industry in general. That includes sales targeting and compensation products; market research audits; healthcare profiles; comprehensive managed care offerings; data integration, warehousing and mining; data analysis and consulting; direct mail; and list services, among many others.