University of Virginia Library

Search this document 

 
 
 
 
 
expand section
expand section
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
APPROVAL OF URADCO JOINT VENTURE WITH INSIGHT IMAGING, LLC
 
 
 
 
 
expand section
expand section
 
 
expand section
 

APPROVAL OF URADCO JOINT VENTURE WITH INSIGHT IMAGING, LLC

WHEREAS, the University Radiology Development Corporation (URADCO) was established by the University of Virginia Health Services Foundation (HSF) to engage in business arrangements and joint ventures to advance the interests of HSF radiologists; and

WHEREAS, Insight Imaging, LLC, is a for-profit Delaware corporation; and

WHEREAS, Insight Imaging, LLC, and URADCO wish to enter into a joint venture that will use the services of HSF radiologists for interpretation, medical direction and consultative services at computed tomography screening centers in Virginia (except for the University Medical Center's specified primary and secondary service areas), the District of Columbia, and/or Maryland; and

WHEREAS, HSF and URADCO have agreed that the clinical needs of the University of Virginia Health System shall receive priority in the allocation of Department of Radiology resources;


6158

RESOLVED that the joint venture between URADCO and Insight Imaging, LLC, is hereby approved, subject to the understanding that the clinical needs of the University of Virginia Health System shall receive priority in allocating resources of the Department of Radiology, and the joint venture will not operate clinics in the University's primary and secondary service areas. URADCO shall receive from the University a document identifying the primary and secondary service areas of the University Medical Center, and shall incorporate the document into the term sheet and final contract with Insight Imaging, LLC.