A method for reconstructing an image in a magnetic resonance imaging
system is provided. The method includes steps of acquiring magnetic
resonance signals from a plurality of receiver coils placed about a
subject, each receiver coil having a coil sensitivity, iteratively
polling each acquired magnetic resonance signal for determining one or
more significant wavelet components of each acquired magnetic resonance
signal by utilizing a coil sensitivity function of each receiver coil for
each acquired magnetic resonance signal, iteratively determining one or
more coefficients based on the one or more significant wavelet components
to generate a plurality of coefficients for each acquired magnetic
resonance signal, reconstructing an image utilizing a corresponding
plurality of coefficients corresponding to each acquired magnetic
resonance signal, and generating a composite image by combining the
reconstructed images.