Envision Radiology

What Envision Radiology does

Envision Radiology is a Colorado Springs, Colorado-based outpatient diagnostic imaging company founded in 2000 and operating as a 100% employee-owned ESOP since 2017. The company functions as the management and holding entity behind a family of imaging brands—Envision Imaging, Health Images, and Colorado Springs Imaging—and, following the December 2025 acquisition of Rezolut, operates more than 100 freestanding imaging centers across approximately 20 states, performing over 1.2 million scans per year for patients referred by a network of 500+ physicians.

Its core offering is fee-for-service diagnostic imaging across a broad modality set, including MRI, CT, X-ray, ultrasound, mammography (including 3D tomosynthesis and ABUS), DEXA bone density, PET/CT, nuclear medicine, cardiac scoring, CT and MR angiography, and specialized procedures such as arthrograms, myelograms, enterography, and fluoroscopy. The post-Rezolut footprint also includes mobile mammography, mobile women's imaging, and an in-house equipment service line. Technologically the company runs a conventional imaging-services stack across multiple vendors rather than a proprietary platform; differentiation rests on multi-site scale, localized brands, centralized clinical and operational leadership, and a 100% employee-owned culture.

Envision makes money through standard fee-for-service billing to commercial payors, Medicare/Medicaid, and patient responsibility, with services accessed via physician referrals or direct patient scheduling through brand websites. It supplements the retail channel with joint-venture partnerships with hospitals and health systems, providing turnkey development, operations, and technology in exchange for referral volume and co-investment. Growth has been driven primarily by acquisition-led geographic expansion (including Rezolut and Southtowns Radiology in 2025-2026) rather than disclosed organic revenue ramp.

Name

Envision Radiology

Legal name

Envision Radiology, LLC

Website

https://envrad.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Envision Radiology is a 100% employee-owned operator of outpatient diagnostic imaging centers, running 100+ locations across 20+ U.S. states under the Envision Imaging, Health Images, Colorado Springs Imaging, and Rezolut brands, serving patients and referring physicians with MRI, CT, X-ray, ultrasound, mammography, and related imaging services.

Ownership category

akta.pro rank

Product category

Outpatient Diagnostic Imaging

NAICS

Diagnostic Imaging Centers (621512)

SIC

Services-Specialty Outpatient Facilities, Nec (8093)

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), Women’s Imaging & Breast Health Centers (HLAFAJAJ)

Keywords

• Diagnostic imaging services
• Outpatient radiology
• MRI and CT imaging
• Mammography services
• Medical imaging centers

Headquarters

HQ city

Colorado Springs

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Diagnostic Imaging Services: Fee-for-service healthcare model providing diagnostic imaging procedures including MRI, CT, X-ray, ultrasound, mammography, and specialized imaging. Revenue is generated through patient procedures billed to insurance providers and patients.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Envision Radiology operates a network of 100+ freestanding outpatient diagnostic imaging centers across 20+ U.S. states, delivering MRI, CT, X-ray, ultrasound, mammography, DEXA bone density, PET/CT, nuclear medicine, and specialized procedures such as arthrograms, myelograms, and cardiac scoring. Services are accessed by patients through physician referral or direct scheduling and are delivered via three primary sub-brands (Envision Imaging, Health Images, Colorado Springs Imaging), supported by centralized strategy, technology, and clinical leadership.

Product overview

Envision Radiology is a management and holding company behind a family of outpatient diagnostic imaging brands operating across the United States. The company offers a comprehensive portfolio of imaging services including MRI, CT, X-ray, ultrasound, mammography, PET/CT, nuclear medicine, bone density (DEXA), and specialized procedures like arthrograms, myelograms, and cardiac scoring. The portfolio consists of three primary sub-brands: Envision Imaging, Health Images, and Colorado Springs Imaging. Following the 2026 acquisition of Rezolut, the combined organization serves patients at more than 100 centers across 20 states, performing over 1.2 million scans annually with 500+ referring physician relationships.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 1.2M+ scans performed annually
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core and minor.

• RezolutcoreStrategic or Co-development Partner · 31 December 2025Envision Radiology acquired Rezolut, a national diagnostic imaging organization with 42 freestanding imaging centers across six states. The acquisition adds mobile mammography services, mobile women's imaging services, and an equipment service division. Deal finalized December 31, 2025, expanding Envision's footprint to over 100 locations nationwide across 20 states.
• StoutminorImplementation/ SI/ Consulting PartnerStout served as the exclusive financial advisor to Envision Radiology in its acquisition of Rezolut. Stout also raised acquisition financing for the transaction, which closed in December 2025.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• RadNet: RadNet is the largest US outpatient diagnostic imaging operator with ~370 centers across multiple states. It is the most direct comparable to Envision, offering MRI, CT, mammography, PET/CT, and other modalities through a multi-brand, multi-region network.
• Akumin: Akumin operates a national network of outpatient imaging centers offering MRI, CT, PET/CT, and related modalities. It is a directly comparable outpatient imaging platform competing with Envision in many of the same markets.
• Center for Diagnostic Imaging (CDI): CDI is a national outpatient imaging network providing MRI, CT, X-ray, ultrasound, and women's imaging across multiple states. It competes with Envision in the multi-site, multi-modality freestanding imaging category.
• Touchstone Medical Imaging: Touchstone Medical Imaging operates outpatient imaging centers across the US offering MRI, CT, ultrasound, X-ray, and mammography. It is a directly comparable regional/national outpatient imaging peer to Envision.
• RAYUS Radiology: RAYUS Radiology is a national outpatient imaging provider offering MRI, CT, mammography, and pain management services. Its multi-state center network and modality mix closely mirror Envision's outpatient imaging profile.
• Outpatient Imaging Affiliates: Outpatient Imaging Affiliates develops and operates outpatient imaging centers through joint ventures with hospitals and health systems. Its JV-driven GTM mirrors Envision's health system partnership strategy.
• SimonMed Imaging: SimonMed Imaging is one of the largest outpatient imaging networks in the US, providing MRI, CT, ultrasound, mammography, and other services. It competes with Envision in the same freestanding, multi-modality outpatient segment.
• US Radiology Specialists: US Radiology Specialists is a national multi-modality imaging platform formed via PE-backed roll-up. It operates imaging centers and provides radiology services across the US, directly comparable to Envision's scale and acquisition-driven growth model.

Broad incumbents

• HCA Healthcare: HCA Healthcare operates a large network of hospitals and affiliated outpatient imaging facilities. While a broad incumbent, it competes with Envision for outpatient imaging referrals and joint venture opportunities in overlapping markets.
• Concentra Group Holdings: Concentra operates occupational health and urgent care centers that frequently include onsite imaging (X-ray, ultrasound). It is an adjacent incumbent in outpatient diagnostic services, overlapping with Envision in employer and referral channels.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@envisionradiology
• Facebookfacebook.com/envrad
• LinkedInlinkedin.com/company/envision-radiology
• Instagraminstagram.com/envisionradiology
• Xx.com/EnvRadiology

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Envision Radiology