May 28, 2015 — Oxford Instruments plc has acquired Medical Imaging Resources Inc. (MIR). MIR specializes in the build, lease and service of mobile medical imaging labs.
The mobile labs are built in MIR’s factory, with magnetic resonance imaging (MRI) and computed tomography (CT) systems from Siemens, GE, Philips and Toshiba. These are leased to customers across the United States. MIR is also responsible for servicing its mobiles. Customers include hospitals and clinics that need additional capacity or that wish to trial MRI or CT machines without committing to the infrastructure and cost associated with a permanent unit.
MIR will form a part of OIHealthcare, within the group’s Service sector, which already services GE MRI and CT machines in the U.S. There are a number of synergies with OIHealthcare:
- This will be a significant step to making OIHealthcare a multi-skilled independent service provider able to support large individual service contracts;
- Access to OIHealthcare’s parts and its purchasing power for complete systems will lower MIR’s operating costs;
- There will be overheads savings in those areas where duplication is eliminated; and
- MIR currently sub-contracts a significant portion of the service work for its mobiles. OIHealthcare staff are located in numerous states and once trained will take over the work and will be able to bring the margin in-house.
For more information: www.oxford-instruments.com
