Radiologix reports first quarter results

Radiologix Inc. has announced financial results for its first quarter ended March 31, 2005 with service fee revenues at $62.8 million as compared to $66.0 million for the first quarter 2004.  The company has reported earnings of $518,000, compared to a net loss of $2.7 million for the first quarter 2004.

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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.

The newly cleared offering, AutoChamber, was designed with opportunistic screening in mind. It can evaluate many different kinds of CT images, including those originally gathered to screen patients for lung cancer. 

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