Virtual Radiologic has signed a licensing agreement with Baton Rouge Radiology Group in Louisiana for its recently upgraded cloud-based computing platform, vRad Enterprise Connect 3.0 suite.
Providence Equity Partners of Providence, R.I. has completed its acquisition of Virtual Radiologic, a developer of radiologist workflow technologies.
Private equity firm Providence Equity Partners in Providence, R.I., has entered into a definitive agreement to acquire all of the outstanding common stock of Virtual Radiologic, a developer of radiologist workflow technologies, for $17.25 per share in cash. The transaction is valued at approximately $294 million.
Virtual Radiologic will release its third generation of vRad Enterprise Connect, a radiology workflow software platform, in the summer.
Virtual Radiologic, a developer of radiologist workflow technology, has reported financial results for the 2010 first quarter.
Teleradiology services provider Virtual Radiologic has received approval of a patent by the U.S. Patent and Trademark Office for several applications.
Written by Kaitlyn Dmyterko
As the economy has soured and facilities investigate new ways to cut costs, many have turned to outsourcing their radiology needs via remote reading services. Able to provide expert remote reads and reports, teleradiology can cut the costs linked to staffing in-house radiologists during overnight, weekend or off-hours when patient volume is often slim. Yet, cost efficiency should never trump quality of patient care, and newer services do not require that trade-off.
Despite recording an increase in net income in the 2009 fourth quarter compared to the same quarter in the previous year, teleradiology services provider Virtual Radiologic still saw its net income drop by more than $500,000 in 2009.
Virtual Radiologic (Booth 7513) is showcasing an enhanced teleradiology offering at the 2009 Radiological Society of North America (RSNA) meeting in Chicago this month.
Teleradiology services provider Virtual Radiologic has released a new version of its vRad Enterprise Connect technology.
The challenges of today’s healthcare economic climate are such that practices can no longer afford to conduct business in the same manner as they have in the past. One of the ways in which a radiology group can meet these challenges is to tune its digital workflow for maximum efficiency.
Virtual Radiologic, a provider of teleradiology services, has received FDA clearance for its vRad PACS. The company will roll out the software to its affiliated radiologists over the next several months, gradually replacing the commercial software it currently licenses.
Rob Kill has been appointed as CEO of Virtual Radiologic, effective Jan. 26. Kill succeeds Co-Founder Sean Casey, MD, who will remain as chairman of the board.
Virtual Radiologic, a teleradiology services company, has appointed Mike Kolar as vice president, general counsel and secretary—a role he assumed Jan. 1, succeeding General Counsel George Frisch, who has retired.
Virtual Radiologic highlighted its productivity solution for radiology groups and academic medical centers, vRad Enterprise Connect, at the 2008 RSNA conference in Chicago last month.
Virtual Radiologic Corp. (VRC), a global provider of teleradiology services, has entered into a technology partnership with Pro-Laudo, a Brazil-based teleradiology provider.
Virtual Radiologic Corp. (Booth 8324) is introducing vRad Enterprise Connect, a productivity solution for radiology groups and academic medical centers.
Virtual Radiologic, a provider of teleradiology services, has signed a multi-year agreement with VHA, a U.S. healthcare alliance, to be the single-source provider of teleradiology services for VHA's 1,429 community-based hospital members.
Virtual Radiologic, a provider of teleradiology services,
has lowered its revenue estimates for both the third quarter and
full-year 2008.
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