Principle Health Systems announced October 30 that it acquired selected assets of a mobile diagnostic imaging business serving greater St. Louis and surrounding communities.
The Houston-based company said the transaction extends its portable imaging operations into another metropolitan market, with services for long-term care providers in Missouri and Illinois. It did not identify the acquired business or disclose financial terms in its announcement.
The assets include imaging equipment, an experienced team of technologists and existing relationships with care facilities, according to Principle. The company said the expansion adds bedside X-ray, ultrasound and EKG capabilities for regional partners.
Chief Executive James Dieter said the immediate priority is maintaining service during the transition. Principle said existing customers would gain access to its scheduling, reporting and support systems.
The company's mobile service model brings diagnostic testing into long-term care facilities rather than requiring residents to travel to a separate imaging location. Principle also operates mobile laboratory services, which it described as a companion to its imaging operations.
The announcement presents the transaction as part of Principle's expansion across the Southern and Central United States. It does not provide an acquisition price, a facility count or a separate closing date.
Sources Principle Health Systems — October 30 acquisition announcement: https://www.prnewswire.com/news-releases/acquisition-expands-principles-bedside-imaging-services-for-long-term-care-providers-in-missouri-and-illinois-302925386.html