Carilion Clinic
Carilion Clinic is a Virginia-based nonprofit regional health system with 10,000+ employees and 650+ physicians across 70 specialties, operating hospitals, physician practices, and specialty treatment centers serving Western Virginia patients with primary, emergency, oncology, and rehabilitation care.
- Company typePrivate
- Founded1899
- HeadquartersRoanoke, United States
- Headcount5,001–10,000
- GTM typeB2C
- OfferingServices
What Carilion Clinic does
Carilion Clinic is a nonprofit regional healthcare system headquartered in Roanoke, Virginia, founded in 1899 and operating 10,000+ employees, 650+ physicians across 70+ specialties, and a network of hospitals and outpatient facilities across Western Virginia. Its core business is direct patient care delivery — emergency, primary, specialty, and hospital services — billed to insurance providers and patients, with revenue concentrated in acute care, specialty physician services, and emerging tertiary oncology and rehabilitation service lines.
The organization is layered on a technology foundation that combines AI-driven documentation (ambient digital scribes that auto-transcribe patient-provider conversations into clinical notes), a custom EMS-to-EHR interoperability integration that electronically ingested over 20,000 ImageTrend Elite EMS reports into Epic in its first year, and operational robotics (Moxi collaborative robots from Diligent Robotics deployed at Carilion Giles Community Hospital for lab sample delivery and supply runs). Beyond clinical delivery, Carilion operates a small but distinct commercial and innovation footprint: an in-development adaptive high-flow oxygen delivery system (FRNDS) backed by a Commonwealth Commercialization Fund grant; the forthcoming Carilion Taubman Cancer Center with MEVION S250i proton therapy (opening 2028); a 50-bed inpatient rehabilitation hospital joint venture with Select Medical Corporation (opening 2028); the newly launched Usability Works consultancy providing regulatory-aligned usability evaluation for medical device developers; and the ROVA Labs biotechnology incubator, a multi-stakeholder partnership with Virginia Tech, the City of Roanoke, and regional innovation and education organizations.
The strategic posture is one of expanding the clinical service line (proton therapy, rehabilitation capacity, robotics-augmented nursing) while simultaneously building a regional biotech and medtech commercialization ecosystem anchored on Carilion's clinical assets. Customer segments include Western Virginia patients, medical technology companies seeking clinical testing support, and underserved pediatric populations targeted through programs like Super Smile Savers. Pricing is service-specific and not publicly disclosed; revenue mechanics are dominated by insurance-billed clinical services, supplemented by emerging grant and partnership-supported innovation activities.
Carilion Clinic firmographics
Firmographics- Name
- Carilion Clinic
- Legal name
- Carilion Clinic
- Website
- https://carilionclinic.org
- Company type
- Private
- Founded year
- 1899
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Carilion Clinic is a Virginia-based nonprofit regional health system with 10,000+ employees and 650+ physicians across 70 specialties, operating hospitals, physician practices, and specialty treatment centers serving Western Virginia patients with primary, emergency, oncology, and rehabilitation care.
- Ownership category
- akta.pro rank
Carilion Clinic industry classification
Industry- Product category
- Hospital Healthcare Services
- NAICS
- Offices of Physicians (except Mental Health Specialists) (621111), Ambulatory Health Care Services (621), Other Outpatient Care Centers (62149)
- SIC
- Services-General Medical & Surgical Hospitals, Nec (8062), Services-Specialty Outpatient Facilities, Nec (8093)
- akta.pro primary industry
- Retail & Walk-In Primary Care Clinics (HLAFAGAC)
Keywords
Where Carilion Clinic is headquartered
LocationHeadquarters
- HQ city
- Roanoke
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Carilion Clinic business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Healthcare Services Revenue: Carilion Clinic generates revenue through patient care services billed to insurance providers and patients, including hospital services, physician visits, diagnostic procedures, and specialized treatments such as proton therapy and rehabilitation services
- Specialized Medical Treatment Services: Revenue from advanced medical treatments including proton therapy at the Taubman Cancer Center, rehabilitation services through the joint venture with Select Medical, and other specialized clinical services
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Carilion Clinic product offering
Product offeringCore offering
Carilion Clinic operates a regional healthcare delivery system providing hospital, outpatient, and physician specialty services across Western Virginia through more than 650 physicians in 70 specialties. It supplements clinical care with specialized treatment facilities (proton therapy, inpatient rehabilitation), innovation initiatives (biotechnology incubator, medical device development), and consulting services for medical technology developers.
Product overview
Carilion Clinic operates as a healthcare system offering diverse medical services and technology innovations. Its product portfolio includes proprietary medical device development (FRNDS adaptive oxygen delivery system), healthcare robotics (Moxi collaborative robots), biotechnology incubation (ROVA Labs), and specialized treatment facilities (proton therapy at Taubman Cancer Center, inpatient rehabilitation hospital). The organization also provides Usability Works, an embedded consultancy offering regulatory-aligned usability evaluation services for medical technology developers. The portfolio represents a platform of clinical care services supplemented by technology innovation initiatives that position the Roanoke-Blacksburg region as a biotechnology hub.
Differentiator
Problem solved
Functional benefit
Brands
- FRNDS: Adaptive high-flow oxygen delivery system being developed by Carilion Medical Center
- Usability Works
- ROVA Labs
- Super Smile Savers
Products and services
- Hospital and Outpatient Care Services
- Carilion Taubman Cancer Center — Proton Therapy
- Inpatient Rehabilitation Hospital (Select Medical Joint Venture)
- Usability Works Consultancy
- ROVA Labs Biotechnology Incubator
- FRNDS (Flow Responsive Nasal Delivery System)
- Super Smile Savers Pediatric Dental Program
Quantifiable outcome
- Over 20,000 EMS reports received electronically in first year through interoperability system
- +2 more outcomes
Companies that use Carilion Clinic
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Carilion Clinic technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability4 records
Feature6 records
Carilion Clinic partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- Select Medical CorporationcoreJoint venture to build and operate a new 50-bed inpatient rehabilitation hospital in Roanoke, Virginia. Construction starts spring 2026 with planned opening spring/summer 2028. Aims to expand rehabilitative care for neurological conditions and replace existing 34-bed acute rehabilitation unit.
- ROVA LabscoreBiotechnology incubator partnership at Carilion Clinic in Roanoke. ROVA Labs provides shared lab space with wet-lab suites, incubators, 3D printing technology, and prototyping tools for life sciences, biotechnology, and healthcare companies. Projected to create 250 jobs in five years.
- City of RoanokecoreCity of Roanoke partnered with Carilion Clinic to establish ROVA Labs biotechnology incubator, promoting innovation and supporting emerging biotech companies in the region.
- Roanoke Blacksburg Innovation AlliancecoreInnovation alliance partner in ROVA Labs biotechnology incubator, supporting biotech companies and regional innovation hub development in Roanoke-Blacksburg region.
- Virginia Western Community CollegeminorEducational institution partner in ROVA Labs biotechnology incubator, providing workforce development and educational connections for life sciences and healthcare sectors.
- Virginia TechcoreResearch university partner in ROVA Labs biotechnology incubator and Project VITAL, contributing research capabilities and expertise to biotech commercialization efforts in Southwest Virginia.
- City of RoanokecoreCity of Roanoke and Carilion Clinic partnership to establish biotechnology incubator to promote innovation and support emerging biotech companies in the region.
- Mevion Medical SystemscorePartnership to introduce proton therapy at new Carilion Taubman Cancer Center in Roanoke, opening 2028. Will be among only three facilities in Virginia to offer this advanced treatment using Mevion's MEVION S250i Proton Therapy System for precise radiation therapy.
- Center for Disease Analysis Foundation (CDAF)minorCDAF Relink program awarded $782,000 in third round grants to organizations including Carilion Clinic to reconnect diagnosed but untreated Hepatitis C and B patients to care, funded by $8 million Gilead Sciences grant.
Scale indicators7 records
Recent moves8 records
Expansion highlights6 records
Carilion Clinic competitors and assessment
Company assessmentDirect peers
- Sentara Healthcare: Virginia-based regional nonprofit health system operating hospitals, physician practices, and health plan across the Commonwealth. Directly comparable to Carilion as a similarly structured nonprofit regional provider with overlapping specialty service mix and innovation focus.
- Inova Health System: Northern Virginia-based nonprofit health system with multiple hospitals, extensive specialty care, and innovation programs. Comparable to Carilion in nonprofit structure, multi-specialty scope, and Virginia footprint, though serving a wealthier suburban catchment.
- Geisinger Health: Pennsylvania-based regional nonprofit integrated delivery system known for geographic concentration, technology innovation, and care model research. Closely comparable to Carilion as a similarly concentrated regional nonprofit investing aggressively in technology and population health.
- Bon Secours Mercy Health: Catholic nonprofit health system with substantial Virginia hospital operations across Hampton Roads and Richmond. Comparable to Carilion in scale, multi-specialty regional delivery model, and nonprofit structure serving Virginia communities.
- UVA Health: Virginia-based academic health system headquartered in Charlottesville with extensive specialty care and research mission. Comparable to Carilion as a Virginia multi-specialty provider offering advanced specialty services, and a direct competitor for tertiary referrals from Western Virginia.
- VCU Health: Virginia-based academic health system in Richmond offering advanced specialty care and level-1 trauma services. Comparable to Carilion as a Virginia multi-specialty health system and a competing referral destination for advanced care from the Western Virginia region.
Broad incumbents
- Adventist Health: Multi-state nonprofit health system operating hospitals across the western United States. Comparable to Carilion in nonprofit structure and multi-specialty hospital operations but with significantly broader geographic footprint.
- HCA Healthcare: Largest for-profit hospital operator in the United States with multiple facilities across Virginia and other states. Comparable to Carilion as an operator of acute care hospitals but at vastly greater scale, with for-profit capital structure and a different payer-mix profile.
- Mayo Clinic: National academic medical center with multi-specialty care, advanced oncology including proton therapy, and a strong innovation/translational research mandate. Comparable to Carilion at the highest level of advanced specialty offerings but at vastly greater scale and national reach.
- Cleveland Clinic: National academic medical system operating multi-specialty hospitals with strong innovation, AI, and international programs. Comparable to Carilion as an innovation-forward multi-specialty health system but at much greater scale and geographic reach.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Carilion Clinic social profiles
Digital presenceCarilion Clinic financial estimates
Financial estimateRevenue estimate
Valuation estimate
Carilion Clinic leadership team
Management profileNumber of profiles
Profiles4 records
Carilion Clinic subsidiaries and ownership
Company hierarchySubsidiaries5 records
Carilion Clinic funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Carilion Clinic M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Carilion Clinic
What does Carilion Clinic do?
Carilion Clinic operates a regional healthcare delivery system providing hospital, outpatient, and physician specialty services across Western Virginia through more than 650 physicians in 70 specialties. It supplements clinical care with specialized treatment facilities (proton therapy, inpatient rehabilitation), innovation initiatives (biotechnology incubator, medical device development), and consulting services for medical technology developers.
Is Carilion Clinic a public or private company?
Carilion Clinic is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Carilion Clinic founded?
Carilion Clinic was founded in 1899. It employs 5,001 to 10,000 people.
Where is Carilion Clinic based?
Carilion Clinic is headquartered in Roanoke, United States, in the North America region.
How does Carilion Clinic make money?
Two revenue lines are on record. Healthcare Services Revenue is the primary driver. The others are specialized Medical Treatment Services.
Who are Carilion Clinic's main competitors?
Direct peers on record are Sentara Healthcare, Inova Health System, Geisinger Health, Bon Secours Mercy Health, UVA Health and VCU Health. Broad incumbents are Adventist Health, HCA Healthcare, Mayo Clinic and Cleveland Clinic.
Does Carilion Clinic have an API?
No public API is recorded for Carilion Clinic.
What industry is Carilion Clinic in?
Carilion Clinic's product category is Hospital Healthcare Services. Its primary akta.pro industry code is HLAFAGAC, Retail & Walk-In Primary Care Clinics. Its NAICS code is 621111 and its SIC code is 8062.