News | February 13, 2008

NightHawk Full Year Revenues Grew 65 Percent

February 14, 2008 – NightHawk Radiology Holdings Inc. reported on its financial results for its fourth quarter and full year ended Dec. 31, 2007, highlighting a 65 percent revenue increase from $92.2 million to $151 million for the full year of 2006.

Other 2007 highlights include:

- Organic revenue grew $21.4 million, or 23 percent year-over-year, while acquisitions contributed an additional $38.1 million of revenue for the full year

- New service offerings represented 15 percent of total revenue, or $22.4 million, including final interpretations at eight percent of total revenue, or $12.1 million, and business services at seven percent of total revenue, or $9.9 million

- The company completed and integrated three acquisitions: Teleradiology Diagnostic Service, Inc. (TDS) in February, Radlinx Group, Ltd. in April, and Midwest Physician Services, LLC in July.

- The company ended the year providing services to nearly 1,500 sites, representing approximately 26 percent of all hospitals in the U.S.

- The company achieved 33 percent adjusted EBITDA margins for the full year (excluding the effects of non-cash IBNR malpractice reserves, stock compensation and a one-time charge related to the settlement of an acquisition-related legal dispute) while investing in both infrastructure and new services.

For more information, visit

Related Content

New U.S. Tariffs on Chinese Goods Include Imaging Equipment
News | Radiology Business | June 15, 2018 | Jeff Zagoudis, Associate Editor
The Office of the U.S. Trade Representative (USTR) released the much-anticipated list of Chinese-manufactured goods...
Geraldine McGinty Elected First Female Chair of American College of Radiology

Image courtesy of the American College of Radiology

News | Radiology Business | May 22, 2018
The American College of Radiology (ACR) Board of Chancellors has elected Geraldine McGinty, M.D., MBA, FACR, as chair....
Joint ACR-SIIM Summit to Examine Economics of AI in Healthcare
News | Artificial Intelligence | May 15, 2018
On May 30, 2018, the American College of Radiology (ACR) Data Science Institute (DSI) and the Society for Imaging...
Charles E. Kahn Jr., M.D., M.S., will become editor of the new online journal, Radiology: Artificial Intelligence

Charles E. Kahn Jr., M.D., M.S.

News | Artificial Intelligence | May 02, 2018
The Board of Directors of the Radiological Society of North America (RSNA) announced that Charles E. Kahn Jr., M.D., M....
What is the cost of interrupting a radiologist?
News | Clinical Study | March 20, 2018
March 20, 2018 – A first of its kind study...
Imaging agent helps predict success of lung cancer therapy
News | Oncology Diagnostics | March 08, 2018
March 8, 2018 – Doctors contemplating the best therapy for...
Sponsored Content | Case Study | Radiology Imaging | March 06, 2018
As one of the largest Catholic, not-for-profit healthcare systems in the United States, St. Louis-based SSM Health has...
ECR 2018 Spotlights Artificial Intelligence and Current Radiology Trends
News | Interventional Radiology | February 21, 2018
The European Congress of Radiology (ECR) announced the theme of its 2018 annual meeting, Feb. 28-March 4 in Vienna...
Radiography Education Enrollment Shows Marginal Rise in 2017
News | Radiology Business | February 15, 2018
Directors of radiography educational programs report the number of enrolled students increased slightly in 2017, while...
Sponsored Content | Videos | Radiology Imaging | February 15, 2018
Kiyotaka Fujii, global healthcare senior executive officer and president of Konica Minolta, discusses the company's...
Overlay Init