BNET Industries

Fonar Corp.

(FONR) is in the Health Care Industry

Market Cap:$7.6M
Last Fiscal Year Sales:$35.5M
  • Public
  • US
Dow Jones Description

FONARŪ was incorporated in 1978, making it the first, oldest, and most experienced MRI manufacturer in the industry. FONAR introduced the world's first commercial MRI in 1980, and went public in 1981. Since its inception, FONAR has installed many hundreds of MRI scanners worldwide. Their current product line includes the FONAR UPRIGHT? Multi-Position? MRI and the FONAR 360?. The FONAR UPRIGHT? Multi-Position? MRI (also known as the Stand-Up? MRI), is the only whole-body MRI that performs Multi-Position? imaging (mpMRI?) and scans patients in numerous weight-bearing positions, i.e. standing, sitting, in flexion and extension, as well as the conventional lie-down position. An additional benefit of the FONAR UPRIGHT? Multi-Position? MRI is its non-claustrophobia. The only thing in front of the patient's face is a 42-inch flat screen TV. With nearly one half million patients scanned, the patient-friendly FONAR UPRIGHT? Multi-Position? MRI has a near zero claustrophobic rejection rate by patients. As one FONAR user puts it, "if the patient is claustrophobic in this scanner, they'll be claustrophobic in my parking lot." Approximately 85% of patients are scanned sitting while they watch the 42 inch flat screen TV. FONAR is headquartered on Long Island, New York, and has approximately 400 employees.

Senior Vice President & Secretary
David B. Terry
Number of Employees 268
Contact Information

110 Marcus Dr

Melville, New York 11747-4228

www.fonar.com

(631) 694-2929

NAICS Code All Other Outpatient Care Centers: 621498

Recent Events

  • FONAR Sells Third FONAR UPRIGHT Multi-Position MRI to the Center for Diagnostic Imaging CDI

    12/17/09 - Merger / Acquisition - View Story

  • FONAR Corporation FONR Announces Financial Results for First Quarter of Fiscal 2010

    11/24/09 - Financial Announcement - View Story

  • Fonar posts turnaround in FY2009

    10/07/09 - Financial Announcement - View Story

News & Analysis

finance and fonar corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
David B. Terry Senior Vice President & Secretary
Sol Ginzburg Vice President, Sales
Daniel Culver Director, Communications

Board of Directors

Name (plus bio) Position
Raymond V. Damadian Chairman, President & Treasurer
Charles N. O'Data Board of Directors
Claudette J.V. Chan Board of Directors
Robert Djerejian Board of Directors
Robert J. Janoff Board of Directors

Organization Position Status
FONAR Corporation Senior Vice President & Secretary Current

Organization Position Status
FONAR Corporation Vice President, Sales Current

Organization Position Status
FONAR Corporation Director, Communications Current
FONAR Corporation Director, Communications Former

Organization Position Status
Raymond V. Damadian MR Scanning Center Management Co. President Current
Dynamic Services, Inc. President Current
FONAR Corporation Chairman, President & Treasurer Current
FONAR Corporation Chairman, President & Treasurer Current

Organization Position Status
FONAR Corporation Board of Directors Current

Organization Position Status
FONAR Corporation Board of Directors Current

Organization Position Status
FONAR Corporation Board of Directors Current

Organization Position Status
FONAR Corporation Board of Directors Current
advertisement
     FONR $1.55 -0.10 (-6.06% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 105,530
Shares Outstanding 4.92M
Market Cap 7.6M
Year High 4.6
Year Low 0.62
Earnings Per Share -0.04
P/E Ratio -38.75
Dividend N/A
Yield N/A
IndustryTop Rated

Brought to you by CBS MoneyWatch.com

advertisement
Presented by American Express