Alliance HealthCare Services Announces Acquisition of 24/7 Radiology for $5M

Alliance HealthCare Services, Inc. AIQ announced the acquisition of 24/7 Radiology which provides both preliminary and final professional radiology interpretation services for MRI, CT, ultrasound, X-Ray and other imaging modalities in 18 states. The purchase price totaled $5 million in cash. This acquisition expands Alliance's professional services business line, building on Alliance's prior acquisition of Radiology 24/7 during 2010.