Alliance Radiology Finalizes Acquisition of Four PET/CT Locations

National Leader in Radiology Services Acquires Centers from Molecular Imaging Technologies

September 16, 2020 IRVINE, Calif. – Alliance HealthCare Radiology (“Alliance Radiology”), a subsidiary of Alliance HealthCare Services, announced today the acquisition of four PET/CT locations owned by Molecular Imaging Technologies (“MIT”). The four locations are: Affiliated PET Systems (Silver Spring, MD), Doylestown PET Associates (Doylestown, PA), Decatur Health Imaging (Decatur, AL), and Monroe PET (Monroe, LA). Alliance Radiology offers a full range of radiology solutions across the U.S. in partnership with hospitals, health systems, and physician groups focused on superior patient care.

“We feel fortunate to add four well-known and well-regarded PET/CT diagnostic imaging locations to the Alliance Radiology family,” said Alliance Radiology President Rich Jones. “Each site has an established reputation within its local community for providing patients with high-quality and high-value medical imaging, and each is located near where Alliance Radiology offers other imaging services. We look forward to supporting each location’s continued service to patients and providers.”

Alliance Radiology is a leading national provider of PET/CT services, employing the most PET/CT technologists and operating the largest number of PET/CT imaging systems in the U.S. Alliance Radiology delivers a 99% average patient satisfaction in PET/CT and commits to maintaining superior quality standards while integrating the four Molecular Imaging Technologies locations. For Alliance Radiology, this acquisition grows its overall national and regional services and continues its mission to deliver exceptional care to patients and essential solutions to partners.

“When it came time for us to transition these centers, we wanted to be sure they – and our employees, partners and referring providers – were in good hands. We’re pleased to have chosen Alliance Radiology; like us, they are focused on great care and service in their communities,” said Gary Moyers, Senior Vice President of Operations at Molecular Imaging Technologies.

“Alliance has expertise in radiology, oncology and interventional pain management – so we knew there would be great synergy. We’re glad they are here to help carry on excellent care and great partnering within these four communities,” said Tammy Hobbs, Chief Financial Officer at Molecular Imaging Technologies.

Laura Stark, Senior Vice President of Operations for Alliance Radiology, summed it up this way: “Today we celebrate progress and partnership. I’d like to thank all our frontline caregivers, including those joining us from MIT, for their continued compassion, grace, and tireless service to our patients and communities at a time when it matters most.”

About Alliance HealthCare Services

Alliance HealthCare Services is a leading national provider of outsourced healthcare solutions, with expertise in radiology, oncology, and interventional services. Alliance partners with hospitals, health systems and providers to bring a full continuum of services to local communities, including mobile, interim, fixed-site, and comprehensive service line management as well as ASCs and joint venture partnerships. Alliance operates more than 600 diagnostic radiology, radiation therapy, and interventional systems, including more than 70 fixed-site radiology locations, more than 40 cancer care centers, and more than 20 pain management/interventional procedures clinics. Alliance provides quality clinical services for over 1,100 hospitals and other healthcare partners in 47 states, where approximately 2,750 Alliance Team Members are committed to providing exceptional patient care and exceeding customer expectations. For more information, visit www.alliancehealthcareservices-us.com

About Molecular Imaging Technologies

Founded in 1997, Molecular Imaging Technologies is a Positron Emission Tomography/Computed Tomography (“PET/CT”) services provider. As a pioneer in the provision of PET/CT equipment and related services, MIT partners with academic institutions, systems, hospitals, networks, physician groups and independent imaging facilities to create professional, caring, and compassionate PET/CT environments. For more information, please visit www.molecularimagingtech.com

Contacts
Tracy Wiese
Chief Strategy & Marketing Officer
Alliance HealthCare Services
949.242.5767
twiese@aiq-us.com