Alliance Imaging Announces Fourth Quarter Acquisition

ANAHEIM, Calif.--(BUSINESS WIRE)--Alliance Imaging, Inc. (NYSE:AIQ), a leading national provider of diagnostic imaging services, announces that its affiliate, Alliance Oncology, LLC, purchased the assets of eight radiation therapy centers in Alabama, Arkansas, Mississippi, and Missouri from Bethesda Resources, Inc., a wholly-owned subsidiary of Sonix, Inc. Many of these cancer centers are sole community providers and are located on or near hospital campuses. Several of these radiation therapy centers operate under certificates of need (“CONs”). The total purchase price consists of approximately $36 million in cash and assumed debt. Annualized revenue from this acquisition is expected to total approximately $14 million. The acquisition was financed through internally generated funds, borrowings under credit facilities, and capital leases.

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