Medical scanning company Alliance Imaging Inc. of Anaheim on Monday gave a guarded outlook for 2006, citing soft business from hospitals, cost management efforts by insurers, an oversupply of imaging services and even “the lingering effects of Hurricanes Katrina and Rita.”
“Ongoing inflation pressures, including rising fuel costs and technologist transportation costs also impact our performance,” Chief Executive Paul S. Viviano said.
Alliance reaffirmed its outlook for the rest of this year.
2005 revenue could come in at $424.5 million to $428.5 million, the company said.
Earnings before interest, income taxes, depreciation, amortization and other items is expected at $156.5 million to $161 million this year.
For 2006, Alliance said it expects revenue of $428 million to $438 million. Earnings before interest, income taxes, depreciation, amortization and other items could come in at $138 million to $146 million.
Alliance runs trucks that visit hospitals and other healthcare providers, offering medical scanning services. The company also runs scanning centers for hospitals, doctors’ offices and universities.
For 2006, Alliance expects to spend about $80 million to open 10 to 15 centers, some of which are set to replace mobile services. This year, the company said it is on track to spend about $75 million opening some 10 centers.
