RADIOLOGIX INC

RADIOLOGIX INC

Previous company name
AMERICAN PHYSICIAN PARTNERS INC
Name change date
5/23/1997
Company Overview
Radiologix, Inc. is a private company engaged in the provision of diagnostic imaging services in the United States. The company offers services through its ownership and operation of free standing as well as outpatient diagnostic imaging centers. The company was incorporated in 2006. Its registered business office is located in Dallas, Texas.
Radiologix performs imaging procedures, such as magnetic resonance imaging (MRI), computed tomography (CT) position emission tomography (PET), nuclear medicine, ultrasound, mammography, bone densitometry (Dexa), general radiology (x-ray), and fluoroscopy. The company operates in two segments, including primary operations in the Mid-Atlantic; the Bay Area, California; Treasure Coast, Florida; Northeast Kansas, and the Finger Lakes (Rochester) and Hudson Valley markets in New York state, and Questar subsidiary operations with imaging centers located in California, Colorado and Minnesota.
In November 2006, Radiologix was acquired by Primedex Health Systems, Inc., the largest owner and operator of fixed-site diagnostic imaging centers in the United States.
Business Summary
Radiologix, Inc. (Radiologix) is a provider of diagnostic imaging services through its ownership and operation of free-standing, outpatient diagnostic imaging centers. It performs a range of imaging procedures, such as magnetic resonance imaging (MRI), computed tomography (CT), position emission tomography (PET), nuclear medicine, ultrasound, mammography, bone densitometry (DEXA), general radiology (X-ray) and fluoroscopy. The Company operates in two segments, including primary operations in the Mid-Atlantic; the Bay Area, California; Treasure Coast, Florida; Northeast Kansas, and the Finger Lakes (Rochester) and Hudson Valley markets in New York state, and Questar subsidiary operations with imaging centers located in California, Colorado and Minnesota. At December 31, 2005, Radiologix operated 492 diagnostic imaging units in 71 centers. In November 2006, the Company was acquired by Primedex Health Systems.
Description and history
Radiologix, Inc. (Radiologix) is a provider of diagnostic imaging services through its ownership and operation of free-standing, outpatient diagnostic imaging centers. It performs a range of imaging procedures, such as magnetic resonance imaging (MRI), computed tomography (CT), position emission tomography (PET), nuclear medicine, ultrasound, mammography, bone densitometry (DEXA), general radiology (X-ray) and fluoroscopy. The Company operates in two segments, including primary operations in the Mid-Atlantic; the Bay Area, California; Treasure Coast, Florida; Northeast Kansas, and the Finger Lakes (Rochester) and Hudson Valley markets in New York state, and Questar subsidiary operations with imaging centers located in California, Colorado and Minnesota. At December 31, 2005, Radiologix operated 492 diagnostic imaging units in 71 centers. These include 60 fixed MRI units, 50 CT units, one PET, seven PET/CT units, 30 nuclear medicine cameras, 110 ultrasound units, 67 general mammography units, one digital mammography unit, nine breast biopsy units, 28 DEXA units, 92 x-ray units and 37 fluoroscopy units. In November 2006, the Company was acquired by Primedex Health Systems.

Radiologix offers multi-modality imaging services at 52 of its diagnostic imaging centers. The Company also provides administrative, management and information services to certain radiology practices that provide professional services in connection with its diagnostic imaging centers and to hospitals and radiology practices, with which the Company operates joint ventures. The Company contracts with radiology practices to provide professional services, including supervision and interpretation of diagnostic imaging procedures performed in its diagnostic imaging centers. The Company does not engage in the practice of medicine nor do they employ physicians. The radiology practices maintain full control over the provision of professional radiological services.

To increase the convenience of the Company’s diagnostic imaging centers to patients, it implements market-wide scheduling systems where practical. In these instances, each diagnostic imaging center in a market area can access the patient appointment calendar of other centers in the market area. Each center also can schedule patient appointments at other centers within the network. This system permits each of the Company’s centers within a market area to allocate time available at its diagnostic imaging centers within that market area and to meet a patient’s appointment time, date or location preferences.

Primary Operations

Radiologix’s primary operations consist of owning and operating diagnostic imaging centers, and providing administrative, management and information services to the contracted radiology practice groups under long-term agreements that provide professional interpretation and supervision services in connection with the Company’s diagnostic imaging centers and to hospitals, and radiology practices, with which the Company operates joint ventures.

Questar Subsidiary Operations

The Company’s Questar subsidiary operations consist of short-term agreements with radiology practice groups. These operations have different characteristics from the Company’s primary operations, including location, market concentration, contracting leverage, capital requirements, the single modality nature of most of the centers and the structure of the management service agreements with physicians. In November 2005, the Company closed the Questar center in Arizona.

Radiologix competes with Alliance Imaging, Inc., InSight Health Services Corp., Medical Resources, Inc., and MedQuest, Inc.

Business Line
Engaged in the provision of diagnostic imaging services in the United States
Subsidiary
COMMUNITY IMAGING PARTNERS INC
Advisor
ERNST & YOUNG LLP
IPO date
11/1997
US SIC Code
8071
Company Address
3600 JP Morgan Chase Tower
2200, Ross Avenue
City province or state postal code
75201, DALLAS, TX
Phone: +1 214 303 2776
Fax: +1 214 303 2777
Country address: UNITED STATES OF AMERICA
Website url: www.radiologix.com