Virtual Radiologic Reaches 1,000 Medical Facilities Milestone | Virtual Radiologic Corporation
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Healthcare Company News Virtual Radiologic Corporation Virtual Radiologic Reaches 1,000 Medical Facilities Milestone

Virtual Radiologic Reaches 1,000 Medical Facilities Milestone

Company News - Virtual Radiologic Corporation
Virtual Radiologic Corporation. (Nasdaq:VRAD), announced it has gone live with its 1,000th medical facility. The Company began providing teleradiology services to its first facility in 2001 and now serves approximately 16% of all U.S.-based hospitals.

"This is a great milestone in the company's growth," said Chief Executive Officer Sean Casey. "We have always placed the utmost importance on excellence in service and quality of patient care, and it's gratifying to know we are providing value to so many patients and radiology practices. Reaching the 1,000 facility mark demonstrates our continued strong execution and success."

Virtual Radiologic's teleradiology solutions address a growing problem in the health care industry -- the shortage in the number of radiologists to meet increasing demand for diagnostic imaging services. The rapid growth in medical facilities served, along with historical customer contract renewal rates greater than 97%, demonstrates the considerable value customers place on the Company's ability to meet their needs with high quality radiology services delivered with market-leading turnaround times.

About Virtual Radiologic Corporation.

Virtual Radiologic Corporation. (www.virtualrad.com) provides teleradiology solutions to radiology practices and medical centers throughout the United States and internationally. Utilizing market-leading, proprietary workflow technology, Virtual Radiologic physicians perform preliminary and final read interpretations for emergent and non-emergent needs -- day or night, 365 days a year. Virtual Radiologic's American Board of Radiology-certified radiologists are collectively licensed in all 50 states. Virtual Radiologic is Joint Commission-certified and serves over 615 clients supporting more than 1,000 medical facilities.

Source: http://ir.virtualrad.com