You are quite correct. Lifesaver is exactly the word, or ventilatory support perhaps is the phrase in this covid-19 era? The radiology business is down 80-90% both in revenue and patient numbers in out patient centric businesses like capital and IMed. Sonic and Integral are travelling better - only down 40-60% as they have more hospital based sites.
Baseline costs in radiology are high. 50% reduction in revenue results in internal restructure and a few job losses. 80-90% income reduction means the business is non viable.
Do the math , do your own survey and determine best foot forward.
CAJ Price at posting:
19.5¢ Sentiment: None Disclosure: Not Held
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