Investment & Fund Management

Kotziamanis Diagnostics, a family-run diagnostic center in Limassol, Cyprus, faced the challenge of needing to upgrade its medical imaging technology to provide better services while ensuring patient safety. The center specializes in medical imaging and interventional radiology, and Dr. Andreas Kotziamanis emphasized the importance of evolving with technology to enhance diagnostic accuracy and patient care.

To address these needs, the center replaced all analogue equipment with new digital systems, significantly improving image quality while minimizing radiation exposure to patients. A key addition was the installation of a new MRI scanner specifically aimed at enhancing breast cancer diagnosis and treatment. This upgrade allows for earlier detection of tumors, which is crucial for effective treatment.

To finance these advancements, Dr. Kotziamanis secured a loan from Ancoria Bank, supported by the European Investment Fund (EIF). This financial backing made the investment more affordable, enabling the center to maintain competitive pricing for its services. As a result of the upgrades, Kotziamanis Diagnostics hired two new employees to operate the new machinery, further expanding its capacity to serve patients.

Looking to the future, Dr. Kotziamanis plans to continue automating the center's operations by integrating supply chain management and accounting into their digital systems. He is also considering the development of a centralized information-sharing platform in collaboration with other healthcare professionals, aiming to enhance the efficiency of information flow and ultimately improve patient outcomes.