Last deal

$2.5M

Amount

Debt Financing

Stage

30.06.2014

Date

3

all rounds

$23.51M

Total amount

date founded

Financing round

General

About Company
Foundation Radiology is a diagnostic imaging professional services company that offers both on-site radiology and teleradiology solutions.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2006

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

Based in Pittsburgh, Pennsylvania, Foundation Radiology Group provides diagnostic imaging services, information technology infrastructure, business process engineering, and workflow consulting to Academic Medical Centers, Integrated Delivery Networks, and Community Hospitals. Their fully integrated radiology model supplements onsite, local radiologists with access to subspecialty, board-qualified physicians, delivering final reads, clinically relevant turn-around times, and high levels of accuracy, 24/7/365. Their state-of-the-art technology platform, Six Sigma processes, and quality assurance best practices and workflows enable them to provide services across multiple facilities with unmatched quality levels, helping health systems accomplish strategic growth goals while keeping patients at the center of care.
Contacts
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M&A Details
1

Acquired by

RAYUS Radiology

announced date

20.07.2021

Financials

Funding Rounds
6
3

Number of Funding Rounds

$23.51M

Money Raised

Their latest funding was raised on 30.06.2014. Their latest investor Health Evolution Partners. Their latest round Debt Financing

Date 
Funding Round 
Investors 
Money Raised 
Lead 
30.06.2014
1
$2.5M
08.07.2013
1
$6M
17.08.2012
$505K
Co-Investors
Investors
3
1

Number of lead investors

3

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Debt Financing, Series A
No
Debt Financing
Health Evolution Partners

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count Of Investments

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Koleman Karleski

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Sector

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Subsector

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Keywords

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count Of Investments

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count Of Exists

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People

Founders
1

Derek Armfield

current job

Foundation Radiology
Foundation Radiology

organization founded

1

Derek Armfield

Employee Profiles
24

Heather Delano

Human resources business partner

Jeremy Burtel

Chief financial officer

Jessica Asti

Supervisor, service desk

Eric Laughlin

Vice president human resources

Shawn Kramer

Chief Operating Officer

John Stefanowicz

Vice president of revenue cycle management and corporate analytics

Gretchen Connelly

Director of marketing

Timothy Pisula

Chief operating officer

Activity

Recent News
0