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Fonar Corp. (FONR)

12.25 0.15(1.21%) Jul 9, 4:00PM EDT
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Fonar Corp.
110 Marcus Drive
Melville, NY 11747
United States - Map
Phone: 631-694-2929
Fax: 631-753-5150

Index Membership:N/A
Industry:Medical Appliances & Equipment
Full Time Employees:411

Business Summary 

Fonar Corporation is engaged in the design, manufacture, sale, and servicing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases, abnormalities, injuries, and other medical conditions. It offers Upright multi-positional MRI scanner, which allows patients to be scanned in weight-bearing conditions, such as standing, sitting, or bending in any position that causes symptoms; and Fonar 360 MRI scanner, a diagnostic scanner that allows 360 degree access to the patient on the scanner bed. Fonar Corporation markets its scanners to private diagnostic imaging centers and hospitals. The company, through its wholly-owned subsidiary, Health Management Corporation of America, also provides management services to diagnostic imaging facilities, which include development, administration, and leasing of office space, facilities, and medical equipment; provision of supplies; staffing, training, and supervision of non-medical personnel; legal services; accounting, billing, and collection; and the development and implementation of practice growth and marketing strategies. As of June 30, 2013, it managed 11 diagnostic imaging facilities located in the states of New York and Florida. Fonar Corporation was founded in 1978 and is based in Melville, New York.

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Key Executives 
Dr. Raymond V. Damadian M.D., 78
Chairman, Chief Exec. Officer, Pres, Chief Financial Officer, Treasurer, Pres of Health Management Corp. of America, Treasurer of Health Management Corp. of America and Director of Health Management Corp. of America
Mrs. Claudette J. V. Chan , 76
Sec. and Director
Daniel Culver ,
Director of Communications
Mr. David B. Terry , 65
Sr. VP
Mr. Tom Attea ,
VP of Advter.
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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