August 7, 2007—WellPoint Inc, Indianapolis, Ind, last week announced the completion of its acquisition of American Imaging Management (AIM), Deerfield, Ill. The radiology benefit management and technology company will act as a wholly owned operating division of WellPoint.

"The primary strategic goal of this acquisition is to achieve more affordable and appropriate diagnostic imaging services for our members," said Angela F. Braly, president and CEO of WellPoint. "AIM’s leadership position in radiology management and technology will help enable WellPoint to further advance its initiatives to drive more value in health care by better managing rising costs, increasing transparency and promoting improved quality in patient outcomes."

AIM serves health plan clients representing over 20 million consumers. The acquisition will be accretive to earnings beginning in 2008.

—Cat Vasko