Medical Imaging Corp.
Las Vegas, NV 89107, US
Medical Imaging Corp., (“MEDD”) specializes in the acquisition of profitable medical imaging businesses that have a proven track record, large physician referral base, expedient insurance payees, modern equipment and room for expansion
MEDD is a public company trading on the OTC under the Symbol MEDD. Currently MEDD has 5 operating subsidiaries: SMI, located in Pennsylvania, which provides MRI, CT & X-ray scans. Partners Imaging Centers of Venice (PV), Charlotte (PC) and Naples (PN), which are located on the west coast of Florida and offer MRI, CT and other medical scans and CTS a Teleradiology company, which is the process of assessing and reporting on radiology images, such as X-rays, CTs, and MRIs, from remote locations. Currently MEDD has approximately 35 direct employees and 40 consulting radiologists. MEDD revenues were over $5 million in 2014 with EBITDA of $510,000. In 2015 MEDD is expecting approximately $7.5 million in revenues and EBITDA of over $1 million. MEDD is planning the acquisition of additional medical imaging centers with a short term goal of bringing company revenues to $15 million and EBITDA to $3 million. MEDD’s 5 year goal is to achieve revenues of over $100 million and $20 million in EBITDA.
As MEDD grows the Company will realize economies of scale that include, software costs, radiologist fees, marketing and billing to name a few. While we focus on building our brand of excellence we will continue to work closely within the communities each center resides and ensuring the best practices in patient healthcare.
The Company currently is offering a three year note at 12% with monthly interest checks. For your investment you also recieve shares in the public company and your note will have a conversion feature at the investors election only.
MEDD has identified new acquisition targets that will allow us our continued our strategy of acquiring MRI and diagnsotic centers that are profitable.
Products / Services
Medical Imaging Services & Clinics
We provide MRI, CT, US, Xray and more. Patients visit our centers for various imaging studies to be performed. Once the imaging exam is complete, we provide your primary physician with a full report and access to your images.
MEDD centers pride themselves on the highest quality patient care, open communication with patients and their referring physiciancs, along with consultation before or after with our radiologist. Additinally, we provide emergency service for both image exams and reporting so that your doctor can act quickly as needed.
Chief Executive Officer
A seasoned entrepreneur in the health, mining, hospitality and technology arenas, Mitch has served as the Chief Executive Officer, President and Chairman of the Board since January 2010. In addition, he has also served as President of all of the Company’s subsidiaries, Custom Teleradiology Services (CTS) and Schuylkill Medical Imaging (SMI), since January 2010 and December 2012, respectively and PIV, PIN, PIC since November 2014. Mr. Geisler was the Chief Operating Officer and a director of Pacific Gold Corp. from 2004-2014.
The executive team is also made up of the Company CFO , Mr. Richard Jagodnik, and Controller, Ms. Hagit Berkovich.