Fonar buys management service organisation:
This article was originally published in Clinica
Executive Summary
The Fonar subsidiary, Health Management Corporation of America, has acquired Dynamic Health Care Management, a multi-specialty management service organisation based in New York. HMCA, which manages imaging centres and physician practices, will now have annual revenues of around $30 million. DHCM had 1997 revenues of over $6 million and operates three physician practices while HMCA manages 25 imaging centres and 12 physician practices.