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Tuesday, December 1, 2009, 2:00PM ET - U.S. Markets close in 2 hrs.. Dow Up 1.39% Nasdaq Up 1.67%
Fonar Corp. (FONR)At 1:13PM ET: 1.8203  Up 0.0003 (0.02%)  
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Fonar Corp.
110 Marcus Drive
Melville, NY 11747
United States - Map
Phone: 631-694-2929
Fax: 631-753-5150
Web Site: http://www.fonar.com

DETAILS 
Index Membership:N/A
Sector:Healthcare
Industry:Medical Appliances & Equipment
Full Time Employees:292

BUSINESS SUMMARY 
FONAR Corporation engages in the design, manufacture, sale, and service of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases. It provides Stand-Up/Upright MRI scanners, which allows patients to be scanned in a weight-bearing condition, such as standing, sitting, or bending in any position that causes symptoms; and FONAR 360 MRI scanner, a diagnostic scanner. The company, through its wholly owned subsidiary, Health Management Corporation of America, also offers management services to diagnostic imaging facilities, such as development, administration, and leasing of office space, facilities, and medical equipment; provision of supplies; staffing and supervision of non-medical personnel; legal services; accounting, billing, and collection; and the development and implementation of practice growth and marketing strategies. It serves private scanning centers and hospitals. As of June 30, 2009, the company managed 10 diagnostic imaging facilities located in the states of New York, Georgia, and Florida. FONAR Corporation was founded in 1978 and is headquartered in Melville, New York.
Key Statistics

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    CORPORATE GOVERNANCE 
    Fonar Corp.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 7.3% of CGQ Universe companies and 3.9% of Health Care Equipment & Services companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Dr. Raymond V. Damadian M.D., 73
    Chairman, Chief Exec. Officer, Pres, Chief Financial Officer, Treasurer, Pres of Health Management Corp. of America, Treasurer of Health Management Corp. of America of Health Management Corp. of America
    N/A N/A
    Mrs. Claudette J. V. Chan , 71
    Sec.
    $ 20.00KN/A
    Mr. David B. Terry , 60
    Sr. VP
    N/A N/A
    Mr. Tom Attea ,
    VP of Advter.
    N/A N/A
    Dollar amounts are as of 31-Dec-09 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.
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