Monday, July 26, 2010

Insight Imaging (ISGT.OB) Completes Major Acquisition

One company that is starting to capture the attention of investors is Insight Health Services Holdings Corporation (“Insight Imaging”). Located in Lake Forest, California, Insight Imaging has earned a stellar reputation as a provider of retail and wholesale diagnostic imaging services. Today, the company announced the acquisition of eight imaging centers.

The acquisitions will be for imaging centers that will be located in Phoenix, Arizona, El Paso, Texas, and Las Cruces, New Mexico and will increase Insight Imaging’s sphere of influence. The news of these acquisitions comes on the heels of the young company’s previously announced sale of mobile imaging assets to an affiliate of MedQuest and Novant Health.

Leading the way at Insight Imaging is Kip Hallman who serves as President and CEO of the young company. Commenting on this acquisition, Hallman was quoted as saying, “We are excited to complete this acquisition. We also welcome the talented staff of these centers to the Insight Imaging team.”

Currently, Insight Imaging is trading in the $0.10 range. With the expansion of this company and an array of customers which includes healthcare providers and managed care organizations such as Medicare and Medicaid, Insight Imaging may be a company on the rise.

To learn more about this company, visit the company website at: www.insighthealth.com.

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