Agfa expects flat 2010, despite strong end to 2009

Michael Bassett | | Health Imaging | Artificial Intelligence
Following what says was a strong end to fiscal year 2009, Agfa HealthCare is anticipating weakening sales in the first quarter of 2010 and that results for the division for the entire year will be flat.

Agfa HealthCare’s revenue for 2009 decreased by 3.7 percent compared to 2008—to €1,178 ($1.6 billion U.S.)  from €1,223 billion ($1.66 billion U.S.). However, the healthcare unit reported that its fourth quarter performance was stronger, with revenue decreasing by just a 2.8 percent margin compared to the fourth quarter of 2008.

According to Agfa HealthCare, when currency effects are taken into account, revenue actually increased by 0.3 percent in the fourth quarter. For the year, revenue growth in IT didn’t fully compensate for a market driven decline in imaging, the unit reported.

Michael Bassett,

Contributor

Related Content

Experts highlight 'significant concerns' with fluctuating accuracy of popular large language models
FDA clears AI screening tool for cardiac amyloidosis
Are providers too trusting of AI's advice?
Pairing an alert system with CAD software halves time-to-treatment for pneumothorax
Deep learning reconstruction cuts radiation and contrast dose by half in aortic CTA exams
New study highlights the need to include more challenging datasets in AI training

Around the web

Cardiovascular Business
Positron partners with Upbeat Cardiology Solutions to improve cardiac PET/CT access

Positron, a New York-based nuclear imaging company, will now provide Upbeat Cardiology Solutions with advanced PET/CT systems and services. 

Cardiovascular Business
Global shortage of nuclear imaging isotopes may be over

The nuclear imaging isotope shortage of molybdenum-99 may be over now that the sidelined reactor is restarting. ASNC's president says PET and new SPECT technologies helped cardiac imaging labs better weather the storm.

Cardiovascular Business
‘A huge win’: CMS significantly increases Medicare payments for cardiac CT

CMS has more than doubled the CCTA payment rate from $175 to $357.13. The move, expected to have a significant impact on the utilization of cardiac CT, received immediate praise from imaging specialists.