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Alliance Imaging, provider of outpatient diagnostic imaging services and radiation therapy services, announced that it has acquired Medical Outsourcing Services, a mobile provider of PET/CT based in Naperville, Illinois.

Alliance Imaging, Inc. (NYSE:AIQ), national provider of outpatient diagnostic imaging services and radiation therapy services, announced that it has acquired Medical Outsourcing Services, LLC (MOS), a mobile provider of positron emission tomography/computed tomography (PET/CT), based in Naperville, Illinois.

Paul S. Viviano, Chairman of the Board and Chief Executive Officer, stated, "As PET/CT's clinical indications continue to expand (including those currently covered under the National Oncologic PET Registry (NOPR)) and it becomes a critical clinical tool in cancer detection and related treatment staging, we believe there will continue to be strong, overall volume growth in PET/CT. As part of our strategic effort to expand Alliance's position as a national leader in PET/CT services, we are extremely pleased to announce the acquisition of MOS and the integration of our respective PET/CT operations in the Midwest and Northeast United States. With a reputation for the highest levels of client and patient service, the addition of MOS will play an important role in the continued growth of Alliance's PET/CT business."

Gregory Pape, the Chief Executive Officer of MOS, stated, "As its founder and CEO, I am very excited to have MOS and its dedicated employees join the Alliance organization to combine our substantial resources and experience in providing high quality, patient-centered PET/CT services to our hospital clients."

MOS currently generates approximately $22m of annual net revenue and serves approximately 90 clients in nine states, including Illinois, Indiana, Iowa, Michigan, Missouri, New Jersey, Ohio, Pennsylvania, and Wisconsin. The total purchase price is expected to total approximately $20m in cash and assumed indebtedness.