Vital files for shelf registration statement to raise funds

On Monday Vital Images, a provider of advanced visualization and analysis systems, announced that it has filed a shelf registration statement with the Securities and Exchange Commission with the hope of offering and selling up to $150 million of equity or debt securities.

The company’s president and CEO Jay. D. Miller stated that the move has been made to support the development of new technologies and applications in advanced visualization or to expand distribution channels.

The registration statement covers potential offerings of common stock, preferred stock, debt securities, and warrants, on an individual or unit basis.

Around the web

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

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.

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.