Charlotte Radiology

What Charlotte Radiology does

Charlotte Radiology is a private professional radiology practice (Charlotte Radiology PA) founded in 1967 and headquartered in Charlotte, North Carolina, operating as a subsidiary of Lumexa Imaging, a national outpatient imaging platform with 180+ centers across 13 states. The practice delivers diagnostic imaging, breast health, vascular and interventional radiology, and vein treatment services through 37 locations including 18 breast centers, 7 freestanding imaging centers operated through the Carolinas Imaging Services joint venture with Atrium Health, two vein centers, a mobile mammography unit, and services embedded across 15 hospital sites. Its clinical model is built on 150+ board-certified, subspecialized radiologists with fellowship training, supported by more than 400 technical and administrative staff, producing approximately 1.7 million imaging studies annually and serving 140,000+ women each year for breast health needs.

The practice's technology stack spans 3D screening and diagnostic mammography integrated with FDA-cleared ProFound AI (the first deployment in the Charlotte market at no additional patient cost), breast MRI including an abbreviated FAST MRI protocol, automated breast ultrasound, DEXA bone density, CT, MRI, ultrasound, X-ray, fluoroscopy, and nuclear medicine. The vascular and interventional line adds minimally invasive image-guided procedures including UFE, PAE, PAD treatment, aortic aneurysm repair, GAE, and interventional oncology, while the vein line offers EVLT (with reported 98% efficacy) and sclerotherapy. Revenue is generated on a fee-for-service basis across screening, diagnostic, and interventional imaging, primarily billed through insurance with self-pay options for uninsured patients and cosmetic procedures; employer-sponsored mobile mammography and the Project PINK partnership (with Levine Cancer Institute) extend the model to uninsured and corporate cohorts.

Commercially, Charlotte Radiology operates a hybrid go-to-market combining physician-referral-based patient acquisition (with a dedicated Physician Liaison team, online order guides, and a provider scheduling portal) and direct-to-consumer channels including online mammogram self-scheduling, a blog and webinar library, multi-platform social media, and on-site mobile screening events. The practice maintains contracts with most major insurance providers and reports >95% customer satisfaction, with the CIS JV serving as the structural anchor that ties Charlotte Radiology's subspecialty radiologists into Atrium Health's outpatient channel and hospital footprint.

Name

Charlotte Radiology

Legal name

Charlotte Radiology PA

Website

https://charlotteradiology.com

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Charlotte Radiology is a Charlotte-based private radiology practice and subsidiary of Lumexa Imaging, providing diagnostic imaging, breast health, vascular/interventional, and vein services through 37 locations and 150+ subspecialized radiologists, serving 1.7 million studies annually across the Carolinas.

Ownership category

akta.pro rank

Product category

Diagnostic Radiology and Imaging Services

NAICS

Diagnostic Imaging Centers (621512)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011)

akta.pro primary industry

Radiology Imaging Centers (X-ray/CT/MRI/Ultrasound) (HLAFAKAA)

akta.pro secondary industries

Breast Imaging Centers (Mammography/Tomosynthesis) (HLAFAKAD), Advanced Imaging & Specialty Radiology Centers (PET/CT, Nuclear Medicine, Interventional Radiology) (HLAFAKAB)

Keywords

• Diagnostic imaging services
• Mammography screening services
• Interventional radiology procedures
• Vein treatment services
• Outpatient radiology centers

Headquarters

HQ city

Charlotte

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Medical Imaging Services: Fee-for-service medical imaging revenue generated from performing and interpreting diagnostic imaging studies including mammography, MRI, CT, X-ray, ultrasound, and nuclear medicine. Services are primarily billed through insurance.
2. Vein Treatments: Revenue from minimally invasive vein procedures including EVLT and sclerotherapy. Medical sclerotherapy is generally covered by insurance; cosmetic sclerotherapy is self-pay.
3. Vascular and Interventional Procedures: Revenue from minimally invasive interventional radiology procedures including UFE, PAE, PAD treatment, and other image-guided treatments. Typically covered by insurance.
4. Mobile Mammography Services: Corporate and community mobile mammography events. Insured patients billed to insurance; uninsured patients offered discounted self-pay rates. Organizations can sponsor screening days.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core offering

Charlotte Radiology provides diagnostic and interventional radiology services across 30+ outpatient locations in the Charlotte metropolitan area, performing more than 1.7 million studies annually. Core offerings include breast imaging (3D mammography integrated with ProFound AI), general diagnostic imaging (MRI, CT, X-ray, ultrasound, nuclear medicine) through the Carolinas Imaging Services joint venture with Atrium Health, minimally invasive vascular and interventional radiology procedures, and vein treatments.

Product overview

Charlotte Radiology operates as a comprehensive radiology practice offering multiple interconnected service lines: breast health imaging services (18 breast centers plus mobile mammography unit), diagnostic imaging through Carolinas Imaging Services joint venture with Atrium Health, vascular and interventional services, and vein treatment centers. The core offering centers on advanced medical imaging with subspecialized radiologists, incorporating 3D mammography with ProFound AI for breast cancer detection as a differentiated capability. Services span screening, diagnostic, and interventional procedures across mammography, MRI, CT, ultrasound, X-ray, nuclear medicine, and minimally invasive treatments. The practice serves over 1.7 million studies annually across 15 hospitals and 30+ imaging centers.

Differentiator

Problem solved

Functional benefit

Brands

• Lumexa Imaging: Parent company of Charlotte Radiology; one of the nation's largest providers of outpatient medical imaging operating more than 180 centers across 13 states

Products and services

• 3D Screening Mammography (Digital Breast Tomosynthesis) Annual 3D screening mammography integrated with ProFound AI, offering better image quality and greater accuracy in early detection of breast concerns at a lower radiation dose compared with traditional 2D mammography. Targeted at women age 40+ as a routine annual screening.
• Diagnostic Mammography

Quantifiable outcome

• 140,000+ women served annually for breast health needs
• +4 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core, flagship and minor.

• Atrium HealthcoreStrategic or Co-development PartnerJoint venture partnership to operate Carolinas Imaging Services (CIS), providing outpatient imaging services. Charlotte Radiology provides subspecialized radiologists while Atrium Health provides health system access and infrastructure. CIS offers outpatient alternative to hospital imaging with same quality and technology.
• Levine Cancer Institute / Atrium Health Foundation (Project PINK)flagshipStrategic or Co-development PartnerMobile breast center partnership for Project PINK providing free annual screening mammograms and follow-up care for eligible uninsured/underinsured women in the Charlotte area. Charlotte Radiology provides imaging services while Levine Cancer Institute coordinates patient eligibility and follow-up care.
• Insurance ProviderscoreChannel Partner/ Reseller/ DistributorContracts with most major insurance providers to provide covered imaging services. Charlotte Radiology bills insurance directly for covered procedures including screening mammograms (typically 100% covered), medical sclerotherapy, EVLT, UFE, and other procedures.
• Employers (Corporate Wellness Partners)minorChannel Partner/ Reseller/ DistributorCorporate mobile mammography partnerships where employers sponsor on-site breast cancer screening events for employees. Charlotte Radiology handles scheduling, insurance filing, and reporting.
• Nuance (PowerShare)Technology or IntegrationTechnology partnership using Nuance PowerShare Easy Uploader for HIPAA-compliant transfer of prior medical images from CD, USB, or DVD to Charlotte Radiology radiologists.

Scale indicators9 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• RadNet: RadNet is the largest outpatient diagnostic imaging provider in the US, operating hundreds of imaging centers across multiple states. It is a direct peer in modality mix (MRI, CT, mammography, etc.), subspecialized radiologist model, and breast health focus, and is the most relevant comparable on scale, footprint, and capital structure.
• Solis Mammography: Solis Mammography is a national breast imaging specialty network offering 2D/3D mammography, breast ultrasound, and biopsy services. It is a direct comparable to Charlotte Radiology's 18-center breast franchise and Project PINK-style community screening programs.
• SimonMed Imaging: SimonMed is one of the largest physician-owned outpatient imaging networks in the US, offering MRI, CT, ultrasound, mammography, and interventional services. It is a direct peer on multi-modality outpatient imaging, subspecialized radiologist reads, and a heavy regional-density operating model.
• Akumin: Akumin operates a national network of outpatient imaging centers offering MRI, CT, PET, ultrasound, X-ray, and mammography. It is a direct comparable to Charlotte Radiology's Carolinas Imaging Services JV in modality breadth and freestanding-center economics.
• RAYUS Radiology: RAYUS Radiology (formerly Center for Diagnostic Imaging) is a national outpatient imaging network offering MRI, CT, mammography, and interventional procedures. It is a direct peer on multi-site outpatient imaging, breast health focus, and subspecialized radiologist reading model.
• Touchstone Medical Imaging: Touchstone Medical Imaging operates freestanding outpatient imaging centers across multiple US states offering MRI, CT, mammography, and ultrasound. It is a direct peer to Charlotte Radiology's freestanding-center model and outpatient imaging economics.
• Envision Radiology: Envision Radiology is a multi-state outpatient diagnostic imaging group offering MRI, CT, mammography, and X-ray services. It is a direct comparable on regional outpatient imaging operations and modality breadth.

Broad incumbents

• Atrium Health (Advocate Health): Atrium Health is a major regional health system and Charlotte Radiology's JV partner in Carolinas Imaging Services. As a broad incumbent, it operates in-hospital imaging alongside the JV and represents both a strategic partner and a potential competitive counterparty.
• HCA Healthcare: HCA Healthcare is the largest for-profit hospital operator in the US, providing in-hospital diagnostic and interventional imaging across its network. As a broad incumbent, it competes with freestanding outpatient imaging centers like Charlotte Radiology for both patients and subspecialized radiologist talent.

Others

• iCAD: iCAD is a medical technology company whose ProFound AI platform is integrated into Charlotte Radiology's 3D mammography workflow. It is an enabling technology partner (and competitor-supplier) rather than a direct imaging operator, but directly relevant to the practice's AI differentiation thesis.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CLTRadiology
• YouTubeyoutube.com/user/CharlotteRadiology
• Facebookfacebook.com/CharlotteRadiology
• LinkedInlinkedin.com/company/charlotte-radiology
• Instagraminstagram.com/cltradiology

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds

Investors

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 Charlotte Radiology