MRI Group
MRI Group is a regional outpatient diagnostic imaging provider operating seven locations across Lancaster and Chester Counties, Pennsylvania, offering MRI services using Open Wide-Bore, Open High-Field, and 3T platforms for physician-referred and self-scheduled patients.
- Company typePrivate
- Founded-
- HeadquartersLancaster, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
What MRI Group does
MRI Group operates a regional outpatient diagnostic imaging network concentrated in Lancaster and Chester Counties, Pennsylvania. The company runs seven across the two counties, with each site equipped for MRI examinations. The network serves patients referred by physicians as well as individuals who schedule directly, covering a wide range of diagnostic scan types including brain, spine, joint, breast, cardiac, abdomen, chest, pelvis, prostate, extremity, MRA, MRE, and TMJ studies, plus MRI-guided breast biopsy.
The core technology centers on three MRI platform configurations: Open Wide-Bore MRI for claustrophobic or larger patients, Open High-Field MRI, and 3T MRI for high-resolution imaging, with contrast-enhanced studies available. All modalities are accredited by the American College of Radiology. Image interpretation is supplied by Lancaster Radiology Associates, providing board-certified radiologist coverage on a 24/7 basis. Ordering is integrated with the Epic electronic medical record, enabling direct provider-ordered studies within the Penn Medicine ecosystem.
Revenue is generated by billing MRI diagnostic imaging services to insurance providers and patients, with a self-pay option available. The go-to-market model is sales-led, anchored by physician referral relationships and supplemented by direct patient scheduling via phone. The company is affiliated with Penn Medicine Lancaster General Health, which functions as both a referral source and a system-level partner. The business is privately held, with no disclosed financial, headcount, or funding data.
MRI Group firmographics
Firmographics- Name
- MRI Group
- Legal name
- MRI Group
- Website
- https://mrigroup.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- MRI Group is a regional outpatient diagnostic imaging provider operating seven locations across Lancaster and Chester Counties, Pennsylvania, offering MRI services using Open Wide-Bore, Open High-Field, and 3T platforms for physician-referred and self-scheduled patients.
- Ownership category
- akta.pro rank
MRI Group industry classification
Industry- Product category
- Diagnostic Imaging Services
- 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 industry
- Advanced Imaging & Specialty Radiology Centers (PET/CT, Nuclear Medicine, Interventional Radiology) (HLAFAKAB)
Keywords
Where MRI Group is headquartered
LocationHeadquarters
- HQ city
- Lancaster
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
MRI Group business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others
Revenue model
- MRI Diagnostic Imaging Services: MRI Group generates revenue through providing magnetic resonance imaging diagnostic services. The organization accepts most insurance plans including Medicare and offers a self-pay option for uninsured patients or those with high-deductible health plans. Revenue is earned through service fees billed to insurance providers or patients directly.
- Insurance Billing: MRI Group bills insurance plans directly and patients receive statements for any balance due. The organization accepts Most Insurances including Medicare and participates with various provider networks including Aetna, Amerihealth Caritas, Capital Blue Cross, Gateway, Highmark Blue Shield, Independence Blue Cross, and United Healthcare Community plan.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Insurance-based pricing |
| One time/ perpetual license | Pay-as-you-go | Self-pay option |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
MRI Group product offering
Product offeringCore offering
MRI Group is a regional diagnostic imaging service provider operating six outpatient MRI centers and a 64-slice CT location across Lancaster and Chester Counties in Pennsylvania. The company delivers a full range of MRI scans (brain, spine, joint, breast, cardiac, abdomen, chest, pelvis, prostate, extremity, MRA, MRE, and TMJ) using Open Wide-Bore, Open High-Field, and 3T MRI platforms, with all images interpreted by local board-certified physicians from Lancaster Radiology Associates. Services are available 24/7 for outpatient and inpatient needs, with the organization accepting most insurance plans including Medicare and offering self-pay options.
Product overview
MRI Group is a diagnostic imaging provider offering a comprehensive portfolio of MRI services at multiple locations in Lancaster and Chester Counties, Pennsylvania. The company's core offerings center on three main MRI technology platforms: Open MRI systems (including Open Wide-Bore and Open High-Field configurations) designed for patient comfort, particularly for claustrophobic, larger, or pediatric patients; the advanced 3T (3 Tesla) high-field MRI for complex imaging needs requiring high-resolution images; and standard MRI with optional contrast enhancement for general diagnostic purposes. These technology platforms support a full range of diagnostic scan types including brain, spine, joint, breast, cardiac, abdomen, chest, pelvis, prostate, extremity, MRA, MRE, and TMJ imaging. MRI Group operates six locations across the region offering 24/7 services for both outpatient and inpatient needs, with all images interpreted by local board-certified physicians from Lancaster Radiology Associates.
Differentiator
Problem solved
Functional benefit
Products and services
- Open Wide-Bore MRI Open MRI system designed for patient comfort, allowing many scans with the patient's head outside the unit. Ideal for claustrophobic patients, those with pain or mobility issues, larger body size patients, and children. Features spacious interior with ample headroom, legroom, and elbowroom.
- Open High-Field MRI Open MRI system providing increased comfort for claustrophobic patients, young children, larger body size patients, and those with pain or mobility issues while delivering high-quality imaging. Located at the Kissel Hill location in Lititz.
- 3T MRI (3 Tesla) Advanced high-resolution MRI machine producing very detailed images for complex imaging needs. Features wide-bore opening for patient comfort. Benefits include ability to detect small-scale abnormalities, reduced scan time, faster image processing, and more precise soft tissue and organ imaging. Particularly suited for epilepsy, stroke, musculoskeletal issues, and tumors.
- MRI with Contrast MRI imaging using contrast dye (gadolinium) to enhance image quality for more accurate measurement and assessment of tumors, joints, and other scans. Only performed when doctor-ordered and approved. Available on evenings and Saturdays at Harrisburg Pike location.
- Brain MRI Magnetic resonance imaging of the brain for diagnosis of neurological conditions.
- Spine MRI Magnetic resonance imaging of the spine for diagnosis of spinal conditions and abnormalities.
- Joint MRI
Quantifiable outcome
- Local physicians available 24 hours a day, 7 days a week, 365 days a year for image interpretation and consultation
- +1 more outcomes
Companies that use MRI Group
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
MRI Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
MRI Group partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Penn Medicine Lancaster General HealthcoreMRI Group operates as an imaging affiliate of Penn Medicine Lancaster General Health, providing MRI services at Lancaster General Health facilities including the Lime Street location and Suburban Pavilion. Physicians from Lancaster Radiology Associates staff these facilities and provide imaging interpretation services for Lancaster General Health patients.
- Lancaster Radiology AssociatescoreLocal, board-certified, licensed physicians from Lancaster Radiology Associates interpret MRI images and provide consultation. The partnership provides 24/7 physician coverage for image interpretation. Key leadership includes Dr. Dhiren Patel (President), Dr. David Decktor (Medical Director), and Dr. Matthew Winfeld (Vice-Chairman and Clinical Vice President).
- American College of RadiologyminorMRI Group maintains accreditation through the American College of Radiology, meeting ACR Practice Guidelines and Technical Standards for image quality and patient safety. The organization conforms to ACR guidelines for all MRI procedures.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
MRI Group competitors and assessment
Company assessmentEmerging players
- Rezolut Medical Imaging: Rezolut operates a growing portfolio of outpatient imaging centers in underserved and secondary U.S. markets, offering MRI, CT, and other modalities. Its strategy of building regional density in non-coastal markets overlaps with MRI Group's approach of clustering sites across central Pennsylvania counties.
- Envision Radiology: Envision Radiology is a Colorado-based outpatient imaging group with multiple freestanding MRI/CT locations and direct patient-pay offerings. Its multi-site outpatient model with transparent self-pay pricing makes it comparable to MRI Group's cost-conscious, broad-insurance-network positioning.
Direct peers
- Akumin: Akumin operates a large network of outpatient imaging centers offering MRI, CT, PET/CT and other modalities, primarily through hospital joint ventures and freestanding centers. Its freestanding-center strategy, multi-state footprint, and payor mix make it a structural analog to MRI Group at greater scale.
- RadNet: RadNet is the largest U.S. owner and operator of outpatient diagnostic imaging centers, with hundreds of locations across multiple states. It competes head-to-head with MRI Group in the outpatient MRI/CT imaging market using the same multi-modality, physician-referral-led model. As the scale leader in this category, it is the most directly comparable peer.
- SimonMed Imaging: SimonMed is a large outpatient imaging provider emphasizing advanced MRI (including 3T and open systems) and direct-pay options. Its technology-led, multi-modality outpatient model, marketing-driven acquisition of self-pay patients, and use of advanced MRI platforms are directly comparable to MRI Group's 3T and Open Wide-Bore strategy.
- RAYUS Radiology: RAYUS Radiology is a national outpatient imaging network offering MRI, CT, and other modalities with hospital and physician partnerships. Its hybrid model combining outpatient centers with hospital-affiliated reading radiologists closely mirrors MRI Group's Penn Medicine / Lancaster Radiology Associates structure.
Regional players
- Atlantic Medical Imaging: Atlantic Medical Imaging is a multi-location outpatient imaging group serving southern New Jersey with MRI, CT, and other modalities, anchored by hospital and radiology-group partnerships. It is a strong regional analog to MRI Group in the Mid-Atlantic outpatient imaging category.
- Princeton Radiology: Princeton Radiology operates outpatient imaging centers in central New Jersey offering MRI, CT, ultrasound and other services with board-certified radiologist reads. Its physician-group-led, multi-site New Jersey footprint parallels MRI Group's radiologist-affiliated Lancaster/Chester operation.
Broad incumbents
- Foundation Radiology Group: Foundation Radiology Group provides outsourced radiology reading services to hospitals and imaging centers across multiple states. Its teleradiology and contracted-read model is adjacent to MRI Group's interpretation model via Lancaster Radiology Associates and represents how outsourced reads could compete.
- Johns Hopkins Medical Imaging: Johns Hopkins operates hospital-based and outpatient imaging programs across Maryland and the mid-Atlantic with ACR-accredited MRI and CT. As a major academic-system imaging provider in MRI Group's broader region, it represents the tertiary-care competitor that MRI Group positions against on cost and convenience.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
MRI Group social profiles
Digital presenceMRI Group compliance and trust
Trust signalCompliance1 record
MRI Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
MRI Group leadership team
Management profileNumber of profiles
Profiles1 record
MRI Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MRI Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MRI Group
What does MRI Group do?
MRI Group is a regional diagnostic imaging service provider operating six outpatient MRI centers and a 64-slice CT location across Lancaster and Chester Counties in Pennsylvania. The company delivers a full range of MRI scans (brain, spine, joint, breast, cardiac, abdomen, chest, pelvis, prostate, extremity, MRA, MRE, and TMJ) using Open Wide-Bore, Open High-Field, and 3T MRI platforms, with all images interpreted by local board-certified physicians from Lancaster Radiology Associates. Services are available 24/7 for outpatient and inpatient needs, with the organization accepting most insurance plans including Medicare and offering self-pay options.
Is MRI Group a public or private company?
MRI Group is a private company. It is classified as unknown and is currently operating.
When was MRI Group founded?
MRI Group was founded in -1. It employs 51 to 100 people.
Where is MRI Group based?
MRI Group is headquartered in Lancaster, United States, in the North America region.
How does MRI Group make money?
Two revenue lines are on record. MRI Diagnostic Imaging Services are the primary driver. The others are insurance Billing.
Who are MRI Group's main competitors?
Emerging players on record are Rezolut Medical Imaging and Envision Radiology. Direct peers are Akumin, RadNet, SimonMed Imaging and RAYUS Radiology. Regional players are Atlantic Medical Imaging and Princeton Radiology. Broad incumbents are Foundation Radiology Group and Johns Hopkins Medical Imaging.
Does MRI Group have an API?
No public API is recorded for MRI Group.
What industry is MRI Group in?
MRI Group'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 8093.