American Health Services Corp., based in Newport Beach, said Tuesday that it has completed its previously announced acquisition of American Diagnostics Group in Florida in a deal valued at $13.6 million.
The acquisition was paid for in a combination of cash, notes and debt assumption.
American Diagnostics, with annual revenue of just over $7 million, was a subsidiary of American Capital Group Inc. It specializes in medical diagnostic imaging--computer tomography scanning, magnetic resonance imaging, mammography and ultrasound--and in radiation therapy. It has fixed and mobile operations servicing 18 hospitals in Indiana, Ohio, Florida, Mississippi and Texas.