Teleradiology Solutions

What Teleradiology Solutions does

Teleradiology Solutions (TRS) is a privately held teleradiology services company founded in 2002 by Yale-trained physicians Dr. Arjun Kalyanpur and Dr. Sunita Maheshwari, headquartered in Bangalore, India with a US operational base in Ardmore, Pennsylvania. TRS provides remote radiology interpretation services — Emergency Nighthawk coverage, subspecialty reporting, Tele 3D imaging and post-processing, and independent quality assurance peer reviews — to over 140 hospitals, health systems, and radiology groups across 9 countries including the United States, India, Singapore, Nigeria, Tanzania, Uganda, Maldives, Qatar, and the Caribbean. The company has reported over 9 million patient scans since founding and maintains a panel of 60+ US-board certified radiologists, 20+ FRCR-certified radiologists, and 200+ Indian radiologists, with report accuracy rates of 99.73%-99.89% and STAT turnaround times under 30-45 minutes.

The company's core technology is RADSpa, an AI-enabled integrated RIS-PACS workflow platform developed by its affiliate Telerad Tech. RADSpa is CE-marked and FDA 21 CFR Part 11 compliant, and incorporates proprietary AI assist tools — Neural Assist (intracranial hemorrhage and neuro CT detection), Chest Assist (pneumonia, pneumothorax, pleural effusion, cardiomegaly), PE Assist (pulmonary embolism), and Mammo Assist (calcification, lesion, BI-RADS categorization) — with processing times ranging from 1-10 minutes per study. TRS integrates with client PACS/RIS/EMR systems via DICOM and HL7 standards, and holds Joint Commission accreditation (over a decade), Singapore Ministry of Health accreditation (since 2005, first non-Singapore organization), HIPAA compliance, and ACR Radpeer peer review certification. Malpractice coverage of $1M/$3M is provided per radiologist in all US states.

TRS generates revenue through two primary streams: (1) professional services for teleradiology reporting delivered on annual quote-based contracts with hospital, radiology group, and government health program clients, and (2) licensing of the RADSpa software platform to imaging centers and diagnostic chains. Go-to-market relies on direct enterprise sales, conference participation at RSNA, Arab Health, AHRA, and regional radiology events, and government tender participation. The company has won notable government tenders (Tripura state 5-year contract in 2016, Hamad Medical Corporation Qatar in 2021) and enterprise contracts with prestigious US academic centers (University of Pennsylvania Health System in 2021, Massachusetts General Hospital in 2024). The broader Telerad Group includes affiliated companies Image Core Lab (clinical trial imaging), Telerad Tech (RADSpa development), HealtheMinds (mental health), and RxDx Healthcare (primary care).

Name

Teleradiology Solutions

Legal name

Teleradiology Solutions

Website

https://telradsol.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

101–250 employees

Short description

Teleradiology Solutions provides remote radiology interpretation services — Emergency Nighthawk, subspecialty reporting, 3D imaging, and AI-assisted reads — to over 140 hospitals and health systems across 9 countries, leveraging a global panel of US-board certified radiologists.

Ownership category

akta.pro rank

Product category

Teleradiology Services

NAICS

Diagnostic Imaging Centers (621512)

SIC

Services-Health Services (8000), Services-Offices & Clinics Of Doctors Of Medicine (8011)

akta.pro primary industry

Teleradiology Platforms & Reading Workflow (HLACALAK)

akta.pro secondary industries

Image Exchange, Sharing & Patient/Provider Portals (DICOM/Web) (HLACALAI), Quality, Peer Review & Compliance Tools (MQSA/ACR/QA) (HLACALAL)

Keywords

• Teleradiology reporting services
• Remote radiology interpretation
• Emergency nighthawk coverage
• AI-enabled RIS PACS
• Subspecialty radiology reads

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Teleradiology Reporting Services: Remote radiology interpretation services provided to hospitals and imaging centers on a contractual basis. Services include emergency nighthawk coverage, subspecialty reporting, 3D imaging, and quality assurance/over-read services. Contracts are typically annual with flexible terms, and radiologist credentialing is handled as part of onboarding. Pricing is quote-based and negotiated per client facility.
2. AI-Enabled RIS-PACS Software (RADSpa): Licensing of proprietary AI-enabled radiology workflow software RADSpa to imaging centers, hospitals, and diagnostic chains. The software enables image routing from multiple locations to a unified worklist, AI-assisted analysis, and seamless integration with existing PACS systems.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Teleradiology Solutions provides remote radiology interpretation and reporting services to hospitals, health systems, imaging centers and government health programs across 9 countries, including 24/7 Emergency Nighthawk coverage, subspecialty reads, Tele 3D imaging post-processing, and quality-assurance over-reads. Services are delivered by a global panel of 280+ radiologists using the company's proprietary AI-enabled RADSpa RIS-PACS workflow platform that integrates via DICOM/HL7 with client PACS/EMR systems.

Product overview

Teleradiology Solutions operates as a unified teleradiology services platform offering a comprehensive suite of radiology reporting services. The portfolio centers on RADSpa, their CE-approved and FDA 21 CFR Part 11 compliant AI-enabled RIS-PACS platform that provides seamless workflow integration across multiple hospital and diagnostic sites. Core services include Emergency Nighthawk (24/7 after-hours coverage), Subspecialty & Electives (board-certified subspecialty reporting), Tele 3D Imaging & Post-Processing, and Independent Quality Assurance. AI capabilities are delivered through specialized tools—Neural Assist, Chest Assist, PE Assist, and Mammo Assist—that integrate with RADSpa for computer vision analysis of CT, X-ray, and mammography images. The subsidiary Image Core Lab provides clinical trial imaging services, while Telerad Tech develops the underlying technology. Services span the United States, India, Singapore, Middle East, and Africa with operations in 9 countries.

Differentiator

Problem solved

Functional benefit

Brands

• RADSpa: AI-enabled RIS-PACS workflow platform designed by Telerad Tech for seamless radiology reporting across multiple sites
• Neural Assist
• Chest Assist
• PE Assist
• Mammo Assist

Products and services

• Emergency Nighthawk 24/7 after-hours emergency radiology coverage providing rapid access to board-certified radiologists and expedited reporting for decisive clinical actions; STAT turnaround under 30-45 minutes. Targeted at hospitals and emergency departments needing nighttime and continuous coverage.
• Subspecialty & Electives Expert subspecialty radiology reporting covering neuro-radiology, musculoskeletal, body imaging, emergency radiology, pediatrics, PET/CT, oncologic imaging, and cardiac CT angiography by board-certified radiologists, with availability for immediate consultation during critical examinations for elective non-emergency cases.
• Tele 3D Imaging & Post-Processing Advanced 3D visualization and post-processing services for CT and MRI images across 45+ exam types, delivered by dedicated radiologists trained in advanced 3D techniques for complex cases including aortic/cerebral aneurysms and vascular conditions, enabling precision diagnosis and treatment planning.
• Independent Quality Assurance / Over-Read Independent peer review and quality over-read services assessing radiologist report quality against ACR standards, including detailed audit reports, statistical analyses, targeted training, and ACR RadPeer discrepancy/corrective action workflows. Billed only for studies forwarded for peer review with no hidden costs.
• RADSpa (AI-enabled RIS-PACS Workflow) AI-enabled integrated RIS-PACS (Radiology Information System - Picture Archiving and Communication System) platform designed by radiologists for seamless radiology workflow across multiple hospital, diagnostic center, and clinic sites from a single unified worklist. Includes AI-powered Radiology Assists, report triaging, auto triggers, AI-assisted analysis/interpretation, and PACS-agnostic operation. CE-approved and FDA 21 CFR Part 11 compliant. Licensed/sold to imaging centers, hospitals, and diagnostic chains.
• Imaging in Clinical Trials (Image Core Lab) Multi-modality imaging services specifically designed for clinical trials, including specialized/customized reading services and regulatory compliance support for pharmaceutical, biotech, and contract research organizations needing standardized imaging endpoints across multiple trial sites.

Quantifiable outcome

• Report accuracy rates of 99.73%-99.89% with error rates of 0.21%-0.40% (2015-2020)
• +5 more outcomes

Named customers13 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability5 records

Feature8 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Hamad Medical Corporation (Qatar)coreStrategic or Co-development Partner · 1 January 2021Won tender in 2021 to provide teleradiology services to Hamad Medical Corporation, Qatar's premier government healthcare provider, marking significant expansion in the Middle East market.
• University of Pennsylvania Health SystemcoreStrategic or Co-development Partner · 1 January 2021Contract won in 2021 for coverage of Hospital of the University of Pennsylvania (HUP), one of the most prestigious Ivy League academic medical centers in the US. Pennsylvania Hospital, founded by Benjamin Franklin in 1751, is the oldest hospital in America.
• Webel Electronic Communications Systems Ltd. (Government of Tripura)coreStrategic or Co-development Partner · 15 September 20165-year government tender contract signed through State Health and Family Welfare Society, Government of Tripura. Live since September 15, 2016, serving 19 government hospitals with remote radiology interpretation from radiologists in Bangalore, Hyderabad, New Delhi, and other cities. Resulted in 61,660 radiographs reported with 2 min 37 sec average TAT.
• GE HealthcarecoreStrategic or Co-development Partner · 1 January 2016Announced pan-India tie-up with GE Healthcare in 2016, enabling broad distribution and integration of TRS teleradiology services with GE Healthcare's imaging equipment and customer base across India.
• Massachusetts General HospitalcoreStrategic or Co-development PartnerOngoing collaboration with Massachusetts General Hospital for after-hours 3D imaging services. This partnership enables delivery of advanced 3D imaging and post-processing services to MGH during off-hours, leveraging TRS's India-based radiologist pool and technology platform.
• Andhra Pradesh Med Tech Zone (AMTZ)coreStrategic or Co-development PartnerPartnership with AMTZ through a state-of-the-art reporting center at PyraMed in Vizag. Focused on delivering teleradiology services to Indian State Governments, public sector undertakings, NHM centres, and rural health services. Expected to employ 40-45 staff.
• HealtheMindsminorOthersAffiliate company under the Telerad Group, part of the broader healthcare ecosystem of the organization.
• RxDx HealthcareminorOthersAffiliate company under the Telerad Group, part of the broader healthcare ecosystem of the organization.

Scale indicators9 records

Recent moves7 records

Expansion highlights7 records

Broad incumbents

• Radiology Partners: Largest US radiology group with significant teleradiology and nighthawk capability across hospitals and imaging centers; competes head-on with TRS for US enterprise contracts and provides comparable subspecialty reads at scale.
• Mednax (vRad / Virtual Radiologic): One of the largest US teleradiology practices, historically known for vRad nighthawk and ED coverage, serving multi-state hospital networks with similar remote-interpretation services and turnaround SLAs as TRS.
• Carestream (Onex): Major medical imaging IT vendor offering PACS, RIS, and enterprise imaging platforms used by the same hospital buyer that TRS serves; competes with RADSpa on integrated diagnostic-imaging workflow.
• Philips Radiology / Picture Archiving: Global imaging-equipment and PACS vendor with vendor-neutral AI and teleradiology enablement in its IntelliSpace/AI Manager portfolio; competes with TRS's RADSpa at large hospital and radiology-group deployments.

Direct peers

• USARAD Holdings: Independent US teleradiology company providing nighthawk, subspecialty reads, and second opinions globally; closest functional peer to TRS in service mix, with overlap in international hospital partnerships.
• Aris Radiology: US-based teleradiology practice offering nighthawk, daytime, and subspecialty coverage to hospitals and radiology groups; competes with TRS on enterprise contracts and similar turnaround-time commitments.
• Vesta Teleradiology: US teleradiology company offering final-read and preliminary-read services with US-board-certified radiologists; directly comparable in customer base (US hospitals/radiology groups) and radiology staffing model.

Emerging players

• Specialists On Call (Soc Telemed / Access TeleCare): Provides specialty telemedicine services including tele-radiology, tele-neurology, tele-ICU and tele-psychiatry to hospitals; overlaps with TRS on teleradiology and tele-stroke reads while operating in adjacent telehealth verticals.
• RamSoft: AI-enabled RIS/PACS/workflow vendor serving diagnostic imaging centers and hospitals; competes directly with Telerad Tech's RADSpa platform for imaging-center workflow and PACS replacement deals.
• Qure.ai: India-headquartered AI radiology company with FDA-cleared algorithms for head CT, chest X-ray, and lung nodule detection; competes with TRS's Neural Assist, Chest Assist, and PE Assist for AI-triage contracts at hospitals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/teleradsol
• YouTubeyoutube.com/user/trsradiology
• Facebookfacebook.com/teleradiology.solutions
• LinkedInlinkedin.com/company/teleradiology-solutions
• Instagraminstagram.com/teleradiology.solutions

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Teleradiology Solutions