BEACHWOOD, Ohio — The teleradiology company
“We’ve positioned ourselves from being a subspecialty company to being a comprehensive total solution for radiological needs for community hospitals,” said Clayton Larsen, the company’s senior vice president of marketing.
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Earlier this year, Franklin & Seidelmann added three Critical Access Hospitals — far-flung facilities in mountainous areas that provide acute care — in Pennsylvania, Kentucky and Idaho. At the end of 2008 it announced expanded services that included final reads of scans for night-time emergency departments.
Nobody has invested as we have and has our ability to scale this thing,” said
While teleradiology is a lucrative field, it’s also a risky one. Some start-ups, such as Foundation Radiology Group in Pittsburgh, have been winning customers and investors. But others have faltered. Cleveland’s Telerad Express, which received funding two years ago through the Cleveland fund JumpStart, went out of business late last year and returned some of its investment, JumpStart spokeswoman Cathy Belk said. The company struggled to maintain its profit margins while trying to provide better service than its competitors, Belk said.