RAYUS Radiology
- Company typePrivate
- Founded1981
- HeadquartersMinneapolis, United States
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
RAYUS Radiology firmographics
Firmographics- Name
- RAYUS Radiology
- Legal name
- Diagnostic Services Holdings, Inc.
- Website
- https://rayusradiology.com
- Company type
- Private
- Founded year
- 1981
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
RAYUS Radiology industry classification
Industry- Product category
- Diagnostic Imaging Services
- NAICS
- Diagnostic Imaging Centers (621512), Offices of Physicians (62111), Ambulatory Health Care Services (621)
- SIC
- Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Health Services (8000)
- akta.pro primary industry
- Radiology Imaging Centers (X-ray/CT/MRI/Ultrasound) (HLAFAKAA)
- akta.pro secondary industries
- Advanced Imaging & Specialty Radiology Centers (PET/CT, Nuclear Medicine, Interventional Radiology) (HLAFAKAB), Mobile Imaging Services (HLAFAKAC), Nuclear Medicine Clinical Services & Therapy Centers (HLAIAGAI), Image Exchange, Sharing & Patient/Provider Portals (DICOM/Web) (HLACALAI)
Keywords
Where RAYUS Radiology is headquartered
LocationHeadquarters
- HQ city
- Minneapolis
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
RAYUS Radiology business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Diagnostic Imaging Services: Fee-for-service diagnostic imaging procedures including MRI, CT, PET/CT, mammography, ultrasound, X-ray, and nuclear medicine offered at outpatient imaging centers directly to patients referred by healthcare providers.
- Hospital Partnership Solutions: Short- and long-term mobile imaging and staffing solutions provided to hospitals, clinics, and healthcare organizations across 50 states and Canada. Includes MRI, PET/CT, and CT mobile services with customized support operations management.
- Clinical Research Imaging Services: Diagnostic and interventional imaging services for clinical trials conducted for sponsors, academic institutions, community physicians, and private research companies. The company serves as imaging provider for over 1,200 research studies with 500+ active clinical trials.
- AI-Assisted Mammography Add-on: $40 per-exam add-on service for AI-assisted mammography interpretation using Transpara Breast AI software, assessed at patient choice and not covered by insurance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | $40 mammography AI add-on service |
| Transaction based/ take rate | Pay-as-you-go | Standard outpatient imaging services |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
RAYUS Radiology product offering
Product offeringCore offering
RAYUS Radiology operates a national network of outpatient diagnostic and interventional radiology centers providing MRI, CT, PET/CT, 3D mammography, ultrasound, X-ray, and nuclear medicine services to patients referred by physicians. The company also delivers mobile diagnostic imaging and radiology staffing solutions to hospitals and health systems across all 50 states and Canada, alongside clinical trial imaging services for pharmaceutical and academic research sponsors.
Differentiator
Problem solved
Functional benefit
Products and services
- Outpatient Diagnostic Imaging Services
Quantifiable outcome
- Nearly 30% increase in PET scan volume over four years through Siemens Healthineers partnership
- +3 more outcomes
Companies that use RAYUS Radiology
Customer profileNamed customers9 records
Segments5 records
Ideal customer profiles5 records
RAYUS Radiology technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature5 records
RAYUS Radiology partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered minor, core and flagship.
- Guideway CareminorRAYUS Radiology participates in Guideway Care's Patient Activation Clinical Advisory Board alongside executives from Mayo Clinic, UAB Health System, Fox Chase Cancer Center, CommonSpirit Health, and the American Board of Ophthalmology. The advisory board supports Guideway's expansion into enterprise evidence-based patient activation strategies.
- PETNET Solutions Inc (Siemens Healthineers)coreDecade-long partnership with Siemens Healthineers' Radiopharmacy business providing PET radiopharmaceuticals and expert support across RAYUS's network of 150 radiology centers and 161 mobile imaging units in 35 states. The partnership has driven nearly 30% increase in PET scan volume over four years. RAYUS has purchased nine Biograph Trinion PET-CT scanners including one for southeast mobile unit and eight additional units in 2025.
- Strack Construction IncminorConstruction company engaged to build new medical imaging center in Baxter, Minnesota, scheduled to open next winter at the corner of Glory Road and Isle Drive.
- Spectrum Healthcare PartnerscorePhysician partners at Spectrum Healthcare Partners, PA provide minimally invasive interventional radiology procedures at RAYUS Vascular Care suite in Westbrook, Maine's Rock Row Health Campus. This collaboration extends comprehensive imaging and vascular care services in the community.
- Dr. Stephen Bravo / The Radiology Research InstitutecoreJoint venture with Dr. Stephen Bravo, expert in neuroradiology, musculoskeletal radiology, and interventional radiology, who has established strong foundations with clinical trial sponsors. The institute focuses on Alzheimer's Disease, Multiple Sclerosis, Parkinson's Disease, NASH, and IBS research.
- ScreenPoint MedicalcorePartnership to deploy Transpara Breast AI software for AI-assisted mammography screening. The FDA-cleared AI software acts as an additional reader for screening mammograms, highlighting areas of concern to support earlier breast cancer detection. Initially rolling out at 14 Washington state centers with planned national expansion.
- U.S. Ski and SnowboardflagshipOfficial Medical Provider to U.S. Ski and Snowboard, the premier winter sports organization with six athletic sport programs. Partnership formalized in 2021 and renewed in 2026, providing elite athletes access to RAYUS's nationwide subspecialized radiologist network and cutting-edge imaging technology.
- U.S. SpeedskatingflagshipOfficial Medical Provider relationship with U.S. Speedskating, based in Salt Lake City, Utah. Ted Kyle serves as Medical Director for U.S. Speedskating and RAYUS executive. Partnership provides athletes with quick, efficient care and world-class quality radiology services.
- USA Bobsled and SkeletonflagshipOfficial Medical Provider to USA Bobsled and Skeleton Federation, based in Lake Placid, NY. Partnership supports elite athlete healthcare with diagnostic imaging and expert radiologist interpretations for injury diagnosis and recovery.
- Froedtert & the Medical College of WisconsincoreJoint venture partnership providing diagnostic imaging services at seven outpatient locations throughout southeastern Wisconsin. Froedtert Hospital employees technologists while RAYUS provides radiologist services and operational expertise.
- SSM HealthcoreSSM Health Imaging Services partnership in Missouri, including SSM Health Imaging Services Bridgeton location, Midwest Breast Care, and Open Upright MRI of Missouri under the RAYUS network.
- Franciscan HealthcoreJoint venture diagnostic imaging center at Franciscan Health Crown Point in Valparaiso, Indiana, powered by RAYUS Radiology. Offers MRI and other imaging services with same/next-day appointments and weekend hours.
- Alomere HealthcorePartnership with Alomere Health providing diagnostic imaging services at Alexandria, Minnesota location. RAYUS Radiology operates as a service of Alomere Health at this central Minnesota location, with financial assistance programs available.
- St. Luke's HospitalcoreSt. Luke's RAYUS Radiology partnership in the St. Louis, Missouri area as part of the diagnostic imaging network.
Scale indicators12 records
Recent moves9 records
Expansion highlights5 records
RAYUS Radiology competitors and assessment
Company assessmentDirect peers
- RadNet: RadNet is the largest US outpatient diagnostic imaging network with ~350 centers across multiple states, offering MRI, CT, PET/CT, mammography, ultrasound and X-ray. It is the most direct comparable in scale, modality mix, and outpatient imaging-center business model to RAYUS.
- US Radiology Specialists: US Radiology Specialists is a PE-backed (Welsh Carson) national radiology partnership combining owned imaging centers, teleradiology, and hospital radiology staffing — directly overlapping RAYUS's tri-channel model of outpatient centers, Foundation Radiology Group teleradiology, and Hospital Solutions mobile/staffing.
- Radiology Partners: Radiology Partners is the largest physician-led radiology practice in the US, providing on-site and teleradiology services to hospitals, health systems, and imaging centers. It competes directly with RAYUS's Foundation Radiology Group and hospital JV partnership offerings.
- Akumin: Akumin operates a national network of outpatient diagnostic imaging centers offering MRI, CT, PET/CT, mammography, and other modalities, with mobile imaging services. It is comparable to RAYUS on modality breadth and outpatient-center operating model.
- SimonMed Imaging: SimonMed Imaging is one of the largest outpatient diagnostic imaging networks in the US, offering MRI, CT, ultrasound, mammography, and X-ray across multiple states. It is comparable in center-based outpatient imaging operations and patient-pay AI-enhanced services.
Regional players
- Shields Health Solutions: Shields Health is a regional New England-focused provider of diagnostic imaging and outpatient services, including MRI and PET/CT, with some hospital partnerships. It overlaps with RAYUS's outpatient-center and mobile-staffing offerings in the Northeast.
Broad incumbents
- Envision Healthcare: Envision Healthcare is a large national healthcare services provider with radiology physician staffing and outpatient services. It is comparable as a broad healthcare-services incumbent overlapping with RAYUS's teleradiology and hospital staffing business.
- HCA Healthcare: HCA Healthcare is the largest US hospital operator with extensive in-house diagnostic imaging departments across its 180+ hospitals. It competes with RAYUS in many of the same metropolitan markets and could insource imaging that RAYUS currently serves via JV partnerships.
- GE HealthCare: GE HealthCare is a global medical imaging equipment OEM (MRI, CT, PET/CT, ultrasound) and increasingly an AI-imaging software provider. It is an enabling technology partner and broad incumbent in the imaging ecosystem intersecting with RAYUS's modality and AI investments.
Others
- Siemens Healthineers: Siemens Healthineers is a leading medical imaging equipment and radiopharmacy supplier (PETNET) and a 10-year strategic partner of RAYUS. Comparable as the OEM behind Biograph Trinion PET-CT scanners in RAYUS's fleet and a critical technology/vendor partner rather than a direct competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat7 records
Key risks5 records
Key highlights7 records
Customer concentration
RAYUS Radiology social profiles
Digital presenceRAYUS Radiology financial estimates
Financial estimateRevenue estimate
Valuation estimate
RAYUS Radiology leadership team
Management profileNumber of profiles
Profiles10 records
RAYUS Radiology subsidiaries and ownership
Company hierarchySubsidiaries5 records
RAYUS Radiology funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RAYUS Radiology M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RAYUS Radiology
What does RAYUS Radiology do?
RAYUS Radiology operates a national network of outpatient diagnostic and interventional radiology centers providing MRI, CT, PET/CT, 3D mammography, ultrasound, X-ray, and nuclear medicine services to patients referred by physicians. The company also delivers mobile diagnostic imaging and radiology staffing solutions to hospitals and health systems across all 50 states and Canada, alongside clinical trial imaging services for pharmaceutical and academic research sponsors.
Is RAYUS Radiology a public or private company?
RAYUS Radiology is a private company. It is classified as private equity controlled and is currently operating.
When was RAYUS Radiology founded?
RAYUS Radiology was founded in 1981. It employs 1,001 to 5,000 people.
Where is RAYUS Radiology based?
RAYUS Radiology is headquartered in Minneapolis, United States, in the North America region.
How does RAYUS Radiology make money?
Four revenue lines are on record. Diagnostic Imaging Services are the primary driver. The others are hospital Partnership Solutions, clinical Research Imaging Services and AI-Assisted Mammography Add-on.
Who are RAYUS Radiology's main competitors?
Direct peers on record are RadNet, US Radiology Specialists, Radiology Partners, Akumin and SimonMed Imaging. Shields Health Solutions is listed as a regional player. Broad incumbents are Envision Healthcare, HCA Healthcare and GE HealthCare. Siemens Healthineers is listed as an others.
Does RAYUS Radiology have an API?
No public API is recorded for RAYUS Radiology.
What industry is RAYUS Radiology in?
RAYUS Radiology's product category is Diagnostic Imaging Services. Its primary akta.pro industry code is HLAFAKAA, Radiology Imaging Centers (X-ray/CT/MRI/Ultrasound), with a secondary code of HLAFAKAB, Advanced Imaging & Specialty Radiology Centers (PET/CT, Nuclear Medicine, Interventional Radiology). Its NAICS code is 621512 and its SIC code is 8011.