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Foundation Radiology Group Announces Multi-Year Deal With Charles Cole Memorial Hospital

October 29, 2008

PITTSBURGH, Oct. 29 /PRNewswire/ — Pittsburgh-based Foundation Radiology Group (FRG) signed a multi-year contract with Charles Cole Memorial Hospital, making FRG their exclusive provider of diagnostic imaging services effective December 31, 2008.

Charles Cole Memorial Hospital is located in Coudersport Pennsylvania and services multiple counties in north central Pennsylvania and south central New York. The Hospital provides a wide range of primary and secondary health care services including a network of ten rural health primary care clinics, inpatient rehabilitation, geriatric behavioral health, long-term care, assisted living, home health and hospice, DME, oncology and wellness services.

Ed Pitchford, Chief Executive Officer of Charles Cole said: “We are pleased to be working with Foundation Radiology. Having continuous access to professional radiology services within the same group will be of great value to our providers and patients. We are also pleased to now be able to obtain specialized interpretations from neurologic, pediatric or women’s health specialists without having to refer patients out of the area. Foundation’s operating model using a combination of on site physicians and central services via teleradiology technology is ideal for rural and remote hospitals such as Charles Cole Memorial Hospital.”

FRG’s board certified radiologists are available 24/7/365 to provide readings in musculoskeletal radiology, neuroradiology, mammography, cardiac CT, interventional radiology, pediatric radiology, brain perfusion, vascular ultrasound, OB/GYN ultrasound and general radiology. With this broad range of capabilities, FRG is ideally positioned to provide subspecialty radiological services to smaller hospitals and outpatient centers that can’t afford to keep subspecialists on staff.

James W. Backstom, M.D., FRG’s chief medical officer, said, “We are pleased to have Charles Cole join our expanding roster of clients. We will provide their patients the best service levels and subspecialty physician expertise available in the industry today. Our unique capability allows us to cost-effectively provide world-class diagnostic imaging professional services to patients in the north central Pennsylvania.”

About Foundation Radiology

Headquartered in Pittsburgh, PA the Foundation Radiology Group’s mission is to build the pre-eminent diagnostic imaging, radiology service bureau and physician practice group network in the United States. FRG uses state-of-the-art PACS technology, a unique, efficient workflow system, carrier-grade telecommunications infrastructure and the Internet to provide the fastest turnaround times in the industry for diagnostic imaging reads. FRG is focused on serving non-university affiliated health care institutions, with emphasis on serving the rural and suburban hospital segment. It seeks multi-year exclusive contracts for daytime and 7/24/365 radiology full service bureaus. The Group’s administrative office, data processing and primary diagnostic imaging reading center is located at Three Gateway Center, in downtown Pittsburgh, where board-certified radiologists are available 24 hours a day. For more information, please visit http://www.frg-rad.com/.

Foundation Radiology Group

CONTACT: Timothy J. Pisula, Chief Operating Officer of FoundationRadiology Group, +1-412-223-2272

Web site: http://www.frg-rad.com/




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