Medical Imaging Corp Continues To Expand In Rapidly Changing Field

The medical imaging industry has a long track record of stability and profit opportunity. The need for CT, X-ray scanners, ultrasound, MRI, and Teleradiology machines located at doctor's offices, hospitals, and specialty facilities, has fueled a multi-billion dollar industry.

Imaging Medical News reports that the global market for medical imaging was worth $30.05 billion in 2015 and it is expected to reach $40.56 billion in 2021. The market is expected to expand at a compound annual growth rate (CAGR) of 5.1 percent between 2016 and 2021.

The report defines medical imaging equipment as X-ray devices, computed tomography (CT) scanners, magnetic resonance imaging (MRI) scanners, ultrasound devices, and nuclear imaging scanners.

Helping lead the way in the medical imaging industry is Medical Imaging Corp (MEDD), a Nevada-based corporation that operates five subsidiaries focused on each type of medical imaging device named above.

Medical Imaging Corp. specializes in the acquisition of existing medical imaging businesses. The company also operates CTA, a Teleradiology company that can assess and report on radiology images, such as X-rays, CTs, and MRIs, from remote locations.

Strong Organic Growth And A Flagship Location

Total revenue at Medical Imaging Corp. increased by 1% from 2015 through the end of the fiscal year 2016. MEDD CEO Mitch Geisler told investors during the company's fiscal year filing that the company is focused on building a strong and sustainable brand while "laying a strong foundation for a growing medical imaging company."

Geisler says organic growth at already established centers and through the company's radiology service businesses allows for increased revenue without the high costs associated with acquiring new facilities.

"Over the course of the last year, we have developed a flagship location and have devoted resources to ensure current and future locations meet the same standards of care and commitment to our patients and communities. We look forward to another year of growth and continued acquisitions that meet our criteria and expectations," Geisler added.

Along with same-location growth, the company plans to continue acquiring more locations to grow out its patient network. MEDD plans to look at opportunities to increase revenue and EBITDA while streamlining costs companywide.

An Open Communication Plan For Investors And Other Interested Parties

Medical Imaging Corp. recently announced the launch of its new corporate website located at www.medimagingcorp.com. The new website features a dedicated channel for investor information.

MEDD also launched new YouTube, Twitter, Instagram, LinkedIn and Facebook accounts which are accessible from the company's website. The social media channels were established to allow for an open dialogue between the company and its investors. MEDD is currently seeking questions and comments from current and potential shareholders.

A Management Team With A Track Record Of Success In The Medical Industry

CEO Mitchell Geisler is a seasoned veteran in the health, mining, hospitality, and technology sectors. He currently serves as the company's CEO, President, and Chairman of the Board, roles he has held since 2010. He has also served as President of all of the company’s subsidiaries, Custom Teleradiology Services (CTS) and Schuylkill Medical Imaging (SMI), since January 2010 and December 2012, respectively and PIV, PIN, PIC since November 2014. Geisler also served as Chief Operating Officer and director of Pacific Gold Corp from 2004-2014. He has experience in operations, expansion, contract negotiations, capital raising, marketing, cost control, and acquisitions.

Richard Jagondnik serves as CFO and Director at MEDD. He has served in his current role since July 2005. He was previously the company's CEO, President, and Chairman of the Board. As CFO, he oversees the company's SEC reporting, strategic planning, budgeting, project development, contract management, and organizational planning. Prior to occupying his current role, Jagondnik was Vice President of Finance for Interesting Displays and Ideas, a Montreal-based manufacturing organization. He began his career at Friedman and Friedman, Chartered Accountants.

A Real-Time Imaging Diagnostic Solution For Hospitals

The Canadian Teleradiology Services division of MEDD is capable of delivering real-time access to imaging centers throughout the country. CTS can work in conjunction with DI managers and chief radiologists to provide nights, weekend and even 24/7 service. The company employs professional Canadian licensed radiologists to serve the needs of facilities all over the country.

MEDD promises to save medical facilities time, money, and resources by providing a streamlined service with 24 hour turnaround times on all normal stories and one-hour delivery for emergency STAT cases.

Comfort And High-Tech Solutions: The Heart Of The Company's Expansion

Being placed inside an MRI machine, Cat Scan, or other medical devices can be a nerve-racking experience for patients. At Medical Imaging Corp, the company strives to provide the best possible experience for all patients.

Take for example the company's Schuylkill Medical Imaging facility. Claustrophobic patients can choose between a traditional closed system MRI and an Open MRI machine.

The company even provides same day, evening and Saturday appointments to accommodate a patient's needs and schedule.

The company utilizes a leading closed 1.5 T Siemens Symphony as well as a Siemens Concerto Open MRI System with Syngo software, which gives patients the comfort of an Open MRI system combined with high-field MRI speed and quality.

Before a patient even steps through the doors at a MEDD facility, they have already consulted with their referring physician to determine which MRI machine is best for each individual level of comfort.

Learn More About Investment Opportunities At MEDD

As previously stated, the company has taken an open approach to attracting and maintaining investor interest. You can learn more about investment opportunities at http://www.medimagingcorp.com/toinvestors.html

The medical imaging industry continues to rapidly expand and will add billions of dollars in revenue over the next half decade. It may just be the right time to invest in a company that is looking to acquire more facilities while leading the pack in the quick and accurate reporting of patient records.

Visit http://www.medimagingcorp.com/ to learn more or check out the company's profile on OTC Markets.

Bull of the Day: Align Technology (ALGN)

Medical equipment and supply stocks aren’t very sexy to most investors. Many in the health care space seem to prefer the high risk/high reward track of the pharmaceutical and biotechnology worlds, leaving equipment stocks by the wayside.

ALGN in FocusHowever, there are actually plenty of great opportunities in this market if you are willing to look. And with such a shaky market lately, this more defensive—or at least less volatile—segment of the health care world might be the place to go right now. That is why a company like Align Technology ( (ALGN - Analyst Report) might be a very intriguing choice for investors in this current market environment.

Align Technology focuses in on the dental market, operating in two segments. Its first is the scanner/services division, and then its more famous ‘clear aligner’ segment which includes its well-known Invisalign brand.

This has proven to be a lucrative area of the market and a winning approach for investors. ALGN stock has gained about 38% in the past year, easily beating out both the broad health care sector and the S&P 500 over the same time period, as both of those benchmarks were in the red from a one year look.

Clearly, ALGN is on a nice run and the Invisalign market is one with great potential and a top brand, but investors have to be wondering, can this run continue? Well, if we look to recent earnings estimates then there is definitely some momentum building which bodes well for this stock in the near term.

Recent Estimates & Outlook

ALGN has seen full year earnings estimates rise in the past few weeks, including a fresh update in just the past seven days. We are seeing a similar trend when it comes to the next year figures, and now ALGN has a Zacks Earnings ESP in positive territory—which can signal an earnings beat is on the horizon—thanks to these revisions.

It is also worth noting that ALGN has a pretty great track record at earnings season, including beats for each of its reports over the last year. In fact, ALGN has seen an average beat of about 8% for the last four quarters, so it has clearly shown an ability to live up to, and surpass, earnings estimates. No wonder ALGN has been able to earn itself a Zacks Rank #1 (Strong Buy) and is looking good this earnings season.

So while ALGN is an impressive all-around security, it may be an especially good choice for growth investors thanks to these great metrics which are some of the most important areas these types of investors like to watch.And if that wasn’t enough, ALGN also is looking good from a growth perspective too. The stock actually has a ‘B’ Grade for growth, and it beats out industry peers in several key areas. This includes projected EPS growth far higher than the industry average, a net margin that is roughly four times the industry, and then also sales growth of close to 22% forecasted for the year.

Bottom Line

Many investors focus on biotechnology or pharma in the health care space. However, there are actually plenty of good stocks worth a closer look outside of those industries, but still in the health care world. One such segment is the medical device and supply area where ALGN is a very promising pick.

Not only has the stock been on a nice streak lately, but shares remain well-positioned for further growth as well. The company has great brand name awareness in its main product, while analysts still like the story. So if you are looking to get a bit off the beaten path in the health care world, definitely consider ALGN this earnings season, as it looks poised to continue its impressive streak when it reports earnings later this month, and to make it five straight EPS beats for this little-appreciated but high potential stock.

By Eric Dutram

Source:http://www.zacks.com/commentary/77205/bull-of-the-day-align-technology-algn