Bederra acquires Lumar Diagnostic Imaging

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Bederra has completed the acquisition of the privately held Lumar Diagnostic Imaging of Houston.

The purchase price, which was not disclosed, consisted of cash and debt. Bederra only acquired the assets of Lumar including the name, equipment, accounts, records and personnel.

Last year the imaging center generated revenues in excess of $4 million and it is profitable, Bedarra said.

Lumar was formed to provide multi modality medical diagnostic imaging services such as MRI, CT and ultrasound.

Lumar Diagnostic Imaging will operate as a wholly owned subsidiary of Bederra under the new name of Lumar Imaging Inc.