Gores Group Buys HealthSouth Diagnostics for $47.5 Million The Gores Group, a private equity firm based in Los Angeles, acquired HealthSouth Corp.’s diagnostic division for $47.5 million in June 2007. HealthSouth’s Diagnostic Division consisted of a network of 54 freestanding diagnostic imaging centers in 19 states and the District of Columbia. The deal came after HealthSouth officials decided to exit the diagnostic imaging business and reposition the company as a post-acute healthcare provider focusing on inpatient rehabilitation services. Gores renamed its purchase Diagnostic Health Corp.

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April 2008 - Table of Contents

DIIR April 2008 (full PDF issue)

Imaging M&A Activity Picking Up

Health Plans Try to Stem Growth of Imaging Services

Joint Commission Issues Sentinel Event Alert on MRIs

Quality of Care, Medicare Cutbacks Drive Healthcare IT

Diagnostic Imaging Mergers & Acquisitions on the Rise

A Closer Look at Five Imaging Deals

Legal News: Wisconsin Court Strikes Down Noncompetition Agreements

Business News: Alliance 2007 Revenues Exceed Expectations

MTS Buys Majority Stake in HealthHelp

Given Hits Roadblock on Imaging Device, but Revenues Grow

Diagnostic Imaging Stocks Fall 17% in Last 4 Weeks

Mass General Expands Tele3D Services