Radiology and oncology services provider Akumin has been beset with problems in 2023 and has formed a special committee to explore ways to address its strained capital structure.
Radiology revenues plummeted $4.6 million in 2023’s second quarter due to delays in mobile equipment delivery, along with the ongoing closure of a key imaging center in Port Charlotte, Florida. The latter sustained significant damage from a hurricane earlier this year, and Akumin has faced challenges in securing necessary approvals, Radiology Business reports. Read more.