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Medica - Sets up advanced practitioner radiography network alongside radiologist one

May 2017

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • MGP
  • Price:
  • 196.5p
The “teleradiology” industry was first pioneered in the US in 1993 when an Idaho radiologist launched Nighthawk. This service enabled images such as CT and MRI scans to be sent from the hospital where they were created to an offsite consultant radiologist for remote interpretation, offering huge benefits for patients and healthcare providers alike. What began as a cottage industry to provide remote image interpretations by radiologists who were willing to work nights blossomed as it began to offer day reads also. “Nighthawk” became the eponymous word for off hours, remote x-ray interpretation, a bit like Xerox for photocopying.Where the US goes, the UK often follows and Medica was set up in 2004 when it beca ...

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