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News

Lumar Imaging agrees cardiac imaging joint venture with Basic Solutions

Bederra : 07 August, 2008  (Company News)
Bederra's wholly-owned subsidiary Lumar Imaging has entered into a joint venture agreement with Basic Solutions.
Basic Solutions will offer mobile cardiac stress testing and cardiac imaging services from Lumar's diagnostic medical imaging facility in Houston, Texas, USA. Lumar Imaging provides MRI, CT, Ultrasound and pain management services to the greater Houston area and is located adjacent to the world famous Texas Medical Center.

'This joint venture creates one of the few, if any, diagnostic imaging services companies in the city of Houston that offers both fixed and mobile diagnostic imaging services. Since diagnostic imaging is often a precursor to cardiac imaging, this joint venture creates a synergistic marketing opportunity to substantially increase our patient referral network. Lumar's patients gain the added convenience of going to a single, familiar location to receive multiple imaging services, avoiding the hassle of scheduling and traveling to various hospitals for similar tests,' said Graham Williams, chief executive officer of Bederra. 'We anticipate new business gained from this joint venture will add $1 to $2 million in revenues for Lumar in 2008.'

Kevin Baker, president of Basic Solutions, said, 'This joint venture provides a fixed location for our mobile diagnostic imaging services, and positions us with direct access to many of the participating doctors and clinics located in and around the Texas Medical Center. We look forward to utilising the combined marketing strengths of our companies to achieve greater sales growth.'

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