InSight Completes Open MRI Acquisition
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NEWPORT BEACH — InSight Health Services Corp., which provides diagnostic imaging and treatment services, completed the acquisition of the imaging assets of Open MRI Inc., a magnetic resonance imaging center in Hayward, Calif. Financial terms were not disclosed.
Open MRI generates about $2 million in revenue a year, InSight Health said.
The acquisition is the first since InSight was formed through the merger of American Health Services Corp. and Maxum Health Corp.
Dr. Peter Rothschild of Open MRI will become medical director of a wholly owned subsidiary of InSight that will be responsible for operating the Hayward site, as well as others that InSight and its subsidiary decide to open or acquire.
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