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25 Most Promising HealthCare Service Providers 2015

Shared Imaging: Enriching the Healthcare Industry with advanced imaging technologies

Larry Siebs, CEO
As reimbursement rates in the healthcare industry continue to decline, the relationship between hospitals and equipment suppliers is evolving in response to a more challenging economy. They are changing the way they conduct their business, which makes sense. If a hospital is not able to balance its budget, how can it provide quality care for patients? To that end, hospitals now seek value-based purchasing platforms for their asset management programs, and are actively participating in group purchasing organizations (GPOs). Hospital executives see these cost-reduction measures as a critical part of their business plans. Being part of an integrated delivery network (IDNs), they share savings and improve on utilization. One of the esteemed Healthcare equipment suppliers that helps its customers to remain nimble as the market evolves is Shared Imaging. Based in Streamwood, IL, the company initiated its operation in 1989 by providing advanced imaging technologies to rural and community based hospitals that could not otherwise afford to provide diagnostic services using advanced technologies such as Computer Aided Tomography (CT) scans.

Shared Imaging provides in-term, flexible solutions that limit the financial risk to the customer. The array of services provided by the organization includes staffed or unstaffed, full-time and part-time PET/CT, CT, MR, DR, U/S and Nuclear Camera systems and in-house, modular and medical coach configurations. The company also offers multi-vendor service solutions on all imaging equipment regardless of the manufacturer. Larry Siebs, CEO explains, “Our programs eliminate the inefficiency of maintaining separate costly contracts with multiple vendors. Being a single point of contact, we can effectively manage and maintain all of your Radiology assets.”
Providing diagnostic imaging parts, new and refurbished equipment, multivendor departmental maintenance service management, and time and material (T&M) service programs supporting in-house service organizations are some of the additional services offered by the company.
Shared Imaging’s customers can choose from a variety of flexible offerings and customize the solution to align with their needs and budget. It provides an entire spectrum of life-cycle asset management; from planning & evaluation, to procurement, utilization and optimization, service and maintenance and asset retirement. All the solutions are devised with comprehensive, data-driven analytics. The company works closely with its customers to analyze the clinical demand of their patient populations and builds understanding of the areas in diagnostic imaging that need the most attention. Based on findings, it builds solutions to address the customer’s needs.


“Shared Imaging provides an entire spectrum of life-cycle asset management; from planning & evaluation,to procurement, utilization and optimization, service and maintenance and asset retirement”


The company serves more than 250 clients across 43 States in the US. It boasts of providing the first Siemens mobile Biograph mCT20 to Robert Wood Johnson Health System (RWJ Health). This has enabled RWJ Health to meet the demands of a growing patient population, decrease scan times up to 50 percent and improve patient safety in the process. For Quorum Health Resources and Jersey Shore Hospital, Shared Imaging provides a multi-vendor service solution that boosts efficiency and amount to an annual 12-15 percentreduction in operational costs. As a demonstration of Shared Imaging’s commitment to quality and patient safety it has retained Joint Commission certification since 2009. Shared Imaging foresees working with many more healthcare providers andbecoming the leading functional service provider of diagnostic imaging technology in the U.S.