Fonar Corp - ESG Rating & Company Profile powered by AI
Detailed Sustainability assessment of Fonar Corp can be accessed by registering for free. This Sustainability assessment for Fonar Corp represents the company's transparency towards the United Nations Sustainable Development Goals. This assessment of Fonar Corp employs data points from across the web as well as from public documents by Fonar Corp.
Fonar Corp in the Advanced Medical Equipment & Technology industry gained a UN SDG ESG Transparency Score of 4.1; made up of an environmental score of 1.6, social score of 2.7 and governance score of 8.0.
4.1
Medium ImpactEnvironmental
Social
Governance
Peer Group Comparison
| Rank | Company | SDG Transparency Score ⓘ | Performance |
|---|---|---|---|
| 1 | Medtronic PLC | 9.3 | High |
| 2 | Edwards Lifesciences Corp | 8.3 | High |
| 161 | Stereotaxis Inc | 4.3 | High |
| 163 | El En SpA | 4.2 | High |
| 164 | Fonar Corp | 4.1 | High |
| 164 | Japan Lifeline Co Ltd | 4.1 | High |
| 164 | LightAir AB (publ) | 4.1 | High |
| ... | ... | ... | |
| 349 | WaferGen Bio-Systems Inc | 0.0 | Low |
| 349 | ZELTIQ Aesthetics Inc | 0.0 | Low |
| ... | ... | ... |
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Potential Risks for Fonar Corp
These potential risks are based on the size, segment and geographies of the company.
FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States. The company operates in two segments, Medical Equipment, and Physician Management and Diagnostic Services. It provides Upright MRI scanner that allows patients to be scanned in weight-bearing conditions, such as standing, sitting, bending, or lying down. The company offers non-medical management, including administrative services, billing and collection services, credentialing services, contract negotiations, compliance consulting, purchasing IT services, hiring, conducting interviews, training, supervision and management of non-medical personnel, storage of medical records, office space, equipment, repair maintenance services, accounting, assistance with compliance matters, and development and implementation of practice growth and marketing strategies. The company owns and operates 5 diagnostic imaging facilities in Florida; and manages 41 MRI scanning facilities, including 26 facilities located in New York and 15 facilities located in Florida. The company markets its scanners to private diagnostic imaging centers and hospitals. The company was incorporated in 1978 and is based in Melville, New York.