Outpatient Imaging Affiliates News

Outpatient Imaging Affiliates, LLC Announces Two New Partnerships With New Jersey?s Meridian Health and Red Bank Radiology


Nashville, TN (February 2, 2006) – Outpatient Imaging Affiliates, LLC (“OIA”) announced today that it has formed a partnership with Meridian Health and Red Bank Radiology, both located in New Jersey. Under the agreement, OIA has purchased an equity interest in Holmdel Imaging Center, formerly owned by Meridian Health and Red Bank Radiology, and will assume day-to-day management and marketing of the Center, located in Holmdel, New Jersey. Holmdel Imaging opened in February 2004, provides MRI, CT and ultrasound services and was formerly being managed by Red Bank Radiology.

Additionally, Meridian Health, Red Bank Radiology and OIA, have agreed to develop a new outpatient imaging center which will be located in Manalapan, New Jersey. OIA will provide management and marketing and billing services for this location. The center is scheduled to open later this year and will initially provide MRI, CT and ultrasound services.

Red Bank Radiology, which provides radiology services at Holmdel Imaging and Meridian Health’s Riverview Medical Center, will also provide clinical interpretive services to Manalapan Imaging. Robert E. Wold, M.D., president of Red Bank Radiology, explained why his group favored a partnership with OIA: “Without the responsibilities of center management, our practice can dedicate 100% of its focus to what we do best – provide quality and timely clinical interpretive services to patients and referring physicians at our hospitals and the Holmdel and Manalapan centers. Strategically and financially, this relationship strongly benefits our group’s long-term plans for growth and diversification.”

Meridian Health has great confidence OIA will continue to provide the same level of quality and compassionate care patients have come to expect from Meridian’s hospitals and affiliated locations. Salvatore Inciardi, Senior Vice President of Business Development of Meridian Health cites OIA’s past accomplishments with other health systems as proof of OIA’s commitment to a customer-driven culture with respect to patient care: “We evaluated a number of companies and OIA’s track record of professionalism and success really stood out. We believe this partnership will further enhance Meridian’s reputation as the premier integrated health system in the areas we currently serve and have targeted for future growth”