Alliance HealthCare Services, a national provider of outpatient diagnostic imaging and radiation therapy services, has acquired certain radiation therapy assets from Arkansas Cancer Center for approximately $9m in cash and assumed indebtedness.
Paul Viviano, chairman of the board and CEO, said: “We are extremely pleased to announce the acquisition of a radiation therapy facility in Pine Bluff, Arkansas and look forward to integrating it into our portfolio of centers in the Southeast region of the country. With a reputation for the highest levels of clinical care and patient satisfaction, the addition of this facility will play an important role in the continued growth of Alliance Oncology.”
Alliance provides imaging and therapeutic services primarily to hospitals and other healthcare providers on a shared and full-time service basis, in addition to operating a growing number of fixed-site imaging and radiation therapy centers.
Alliance had 507 diagnostic imaging and radiation therapy systems, including 297 MRI systems and 125 PET or PET/CT systems, and served over 1,000 clients in 45 states at March 31, 2010.
Alliance also operated 119 fixed-site imaging centers (three 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.