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Medical Imaging

Imation Ranks #1

Medical Imaging Magazine recently listed the top 20 medical imaging companies, as judged by an independent panel of industry experts. Judging criteria centered on categories customers consider vital to make educated equipment purchasing decisions.

The Results

  • Imation ranked #12 overall in the Top 20 listing, which included companies ranging from modality manufacturers to film vendors.

  • Among the primarily laser imager/medical imaging film companies, however, Imation ranked #1, outshining such companies as Kodak, Fuji, Agfa, Sterling, Polaroid and Konica.

  • Kodak (#21), Konica (#24), Sterling (#28) and Polaroid (#34) didn't make the Top 20 list.

Criteria for Top 20 Ranking

Companies were graded on the following criteria:

  • Quality of products debuted since November 1995
  • Price performance of products
  • Upgradeability of technology
  • Product/technology positioning for the future
  • Business management of P&L, acquisitions, mergers and divestitures
  • Ability to capitalize on new and niche markets
  • Internal company leadership
  • Product service and support
Overall Ranking of Imation Vs. Similar Companies
Imation#12--Overall grade = 4.24 (B+)
Fuji, USA #15--Overall grade = 4.18 (B+)
Agfa #17--Overall grade = 4.10 (B)
Kodak #21--Overall grade = 3.99 (B)
Konica #24--Overall grade = 3.90 (B)
Sterling #28--Overall grade = 3.84 (B)
Polaroid #34--Overall grade = 3.66 (B-)
"Price Performance of Products" Ranking
Konica #8--Overall grade = 4.44 (B+)
Imation #10--Overall grade = 4.37 (B+)
Fuji #12--Overall grade = 4.33 (B+)
Agfa #15--Overall grade = 4.23 (B+)
Kodak #21--Overall grade = 4.10 (B)
(Sterling was not ranked in top 20)

"Product Service and Support" Ranking
Kodak #7--Overall grade = 4.33 (B+)
Imation #9--Overall grade = 4.33 (B+) (virtual tie with Kodak)
Agfa #10--Overall grade = 4.30 (B+)
Fuji #14--Overall grade = 4.21 (B+)
Polaroid #20--Overall grade = 4.00 (B)

"Product/Technology Positioning for the Future" Ranking
Fuji #9--Overall grade = 4.45 (B+)
Imation #13--Overall grade = 4.33 (B+)
Sterling #16--Overall grade = 4.19 (B+)
Kodak, Agfa and Konica didn't make the top 20

"Upgradeability of Technology" Ranking
Fuji #9--Overall grade = 4.30 (B+)
Imation #10--Overall grade = 4.29 (B+)
Agfa #15--Overall grade = 4.13 (B)
Kodak #16--Overall grade = 4.05 (B)
Sterling and Konica did not make top 20

The Judges

The judging panel was comprised of 14 experienced multi-modality end-users and imaging industry experts. Each judge is involved with medical imaging equipment recommendations and familiar with the categories that imaging professionals indicate are important to keep in stride with, or ahead of, managed care. The panelists included:

  • Christine Hughes, Principal, Hadley Hart Group--experience includes developing medical imaging centers and hospital departments.
  • Jon Brubaker, MDB Information Network--an analyst who monitors the cardiology and general ultrasound markets.
  • Loretta Loncoske, MDB Information Network--an analyst who specializes in CT, MRI, specialized CR and general radiology markets.
  • Shannon Clemens, Senior Product Manager, Contract Services, VHA Inc.- -responsibility for VHA's medical imaging film contracts.
  • John Cumming, CEO, WDI Capital Markets, Inc.--an international advisory and investment banking firm specializing in healthcare.
  • Phil Drew, Ph.D., President, Concord Consulting Group--which provides data and analyses to medical imaging equipment users and manufacturers.
  • Cherrill Farnesworth, CEO, Chairman and President of TME Inc. and HealthHelp Networks Inc.--leader of radiology resource development and radiology management services for managed care and self-insured employers.
  • Joel Gray, Ph.D., Consultant, Mayo Clinic--medical physicist in the Department of Diagnostic Radiology, Mayo Clinic, Rochester, MN.
  • Wayne Hibbs--independent healthcare consultant with experiences in biomedical engineering, cardiovascular diagnostics and surgery.
  • Suzanna Hoppszallern, Director of Health Technology Assessment, American Hospital Assn.--evaluates the latest developments and trends in health care technology, medical practice and clinical services.
  • Douglas Orr, President, J&M Group--a health care and medical technology consulting company that evaluates merging and high-growth market segments, especially in medical imaging, cardiology and high-technology medical devices.
  • D. Skip Sallee, M.D., Chairman and CEO of Team Health Radiology Services, and a former radiologist at the Miami Vascular Institute.
  • Ronald B. Schilling, Independent Consultant and Lecturer, Strategic Thinking, Stanford University--focuses on cost-effective health care.
  • John Severson, President of Radiology Business Management Assn., and Administrator for Radiology Associates, where he helps prepare marketing and strategic planning of new radiology ventures.

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