LAS VEGAS, NV / ACCESSWIRE / February 13, 2018 / Medical Imaging Corp. (OTC PINK: MEDD) (the "Company") is pleased to announce that it had an overall strong fourth quarter to close out 2017. The company is currently examing ways to increase revenues in 2018 and grow individual center revenues as well as possible mergers and acquisitions. Full revenue and scan volume numbers for the fiscal year will be announced in the near future.
Location Updates:
Schuylkill Medical Imaging has been working hard within the community and its referring physicians to expand its business for both MRI and CT. The MRIs are currently working at a high capacity rate, showing a strong volume of business that has continued over the last few years. CT business is starting to increase with marketing efforts.
Partners Imaging has initiated a strong marketing plan that includes reach out efforts to physician offices, community involvement, and advertisements. Additionally, the Company has found new patient leads that have been helping to grow the business over the last several months. Recent renovations at our Port Charlotte Location have begun demonstrating our commitment to the area.
Custom Teleradiology Services ("CTS") saw an increase in usage by our contract hospitals in the 4th Quarter. CTS continues to be a top provider of telerad services to remote communities in Ontario.
"Our dedicated team of office staff, management and radiologists are working hard to grow the company," said Mitch Geisler, CEO. "Focus and attention to operations, branding and most importantly high-quality imaging scans, reports, and patient experience continue to be of paramount importance to our success."
About Medical Imaging Corp.
Medical Imaging Corp. ("MEDD") is a provider of comprehensive medical imaging services to patients and client hospitals in the United States and Canada through its four Diagnostic Imaging Centers, and its Teleradiology Services. For more information, please contact us at 887-331-3444 or visit www.medimagingcorp.com.
Forward-Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control Medical Imaging Corp. Such forward-looking statements are based on current expectations, estimates, and projections about our industry, management beliefs and certain assumptions made by our management. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Information concerning factors that could cause the Company's actual results to differ materially from those contained in these forward-looking statements can be found in the Company's periodic reports on Form 10-K and Form 10-Q, and in its Current Reports on Form 8-K, filed with the Securities and Exchange Commission. Unless required by law, we undertake no obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise to reflect future events or circumstances or reflect the occurrence of unanticipated events.
For additional information, please contact:
Investor Relations
Medical Imaging Corp.
Phone: 877-334-3444 | Email: ir@medimagingcorp.com
SOURCE: Medical Imaging Corp.
