Outpatient Imaging Affiliates News

Outpatient Imaging Affiliates acquires ownership stake in Chesapeake Regional Imaging Centers

OUTPATIENT IMAGING AFFILIATES ACQUIRES OWNERSHIP STAKE IN
CHESAPEAKE REGIONAL IMAGING CENTERS

Nashville, TN – Outpatient Imaging Affiliates (“OIA”) announced today the acquisition of Diagnostic Health Corporation’s ownership stake in the Virginia based Chesapeake Regional Imaging Centers, a network of two locations in Norfolk and Chesapeake affiliated with the
Chesapeake Regional Medical Center. The terms of the deal were not disclosed. OIA will provide management and billing services for both locations.

With this addition, OIA now operates fifteen outpatient imaging centers in joint ventures with many leading healthcare providers including The University of Virginia Health System, Thomas Jefferson University, Wake Forest University North Carolina Baptist Medical Center, Meridian Health System, OSF Healthcare and Raleigh Radiology. OIA further owns eight imaging centers outright and provides only management and billing services to one nonequity outpatient imaging center location.

Cannon King, President of Outpatient Imaging Affiliates feels as if this acquisition is a perfect fit to OIA’s business model: “The operation of a community based outpatient imaging center is different than the operation of a hospital based imaging department. We have decades of management and marketing experience that is specific to the outpatient world and are therefore an ideal complement to hospitals such as Chesapeake Regional Medical Center.”

“A partnership with Outpatient Imaging Affiliates provides us immediate access to their specialized expertise in the management and marketing of outpatient diagnostic settings. Their focus on serving the specific needs of referring physicians and convenient, high quality patient care makes them a perfect match to our organization. We’re excited about our future opportunities as partners.”

Part of the OIA business model is to remove many of the time consuming, yet necessary administrative responsibilities away from the local staff and to its business service center in Nashville. This means that the local staff can direct all of its attention on patients, referring physicians or any immediate need that may arise. “Every patient and each referring physician office is important and our affiliation with OIA makes it possible for us to treat them the way they deserve to be treated,” says Kathy Mertz, Administrator at the Chesapeake Regional Imaging Centers. “When a patient walks in the door or a referring physician office is on the phone, they have my attention. That’s the way it should be.”