What Numed does

Numed is a private, family-owned provider of diagnostic imaging solutions founded in 1975 by Ed Menkemeller and currently led by Marc Menkemeller. Headquartered in Cross Plains/Cross Roads, Texas, the company employs 101-250 people and operates a nationwide service infrastructure that includes the Texas headquarters, a Denton Service Center, and an expanding Southeastern U.S. footprint with a recently scaled Georgia team. Its customers are hospitals, imaging centers, and healthcare facilities that need access to advanced imaging modalities without the capital outlay of outright purchase.

The company's offering spans four imaging modalities — Nuclear Medicine, MRI, PET/CT, and CT — delivered through three principal commercial lines: Premium Full Service (a managed-services bundle that combines equipment, maintenance, in-house physicist support, and a 24/7 service hotline), Equipment Leasing (recurring access to imaging hardware), and Parts & Maintenance (OEM and compatible replacement components, plus professional services). Operationally, Numed holds ISO 9001:2015 certification (achieved March 2019), operates under a Radioactive Materials (RAM) License, and employs in-house licensed physicists to support regulatory and clinical requirements. Its primary OEM partner is GE Healthcare, and the company has recently expanded its PET/CT fleet with three GE Discovery IQ systems (announced February 2026).

Numed monetizes primarily through long-term, customized managed-services contracts and recurring equipment-leasing arrangements, supplemented by parts and professional-services revenue. The business is privately held with no public revenue disclosure, and recent activity indicates geographic expansion into Georgia, ongoing modality diversification beyond its nuclear-medicine origins, and incremental fleet modernization. The combination of recurring contract revenue, multi-modality breadth, and OEM alignment creates a stable, service-led business model whose growth is driven by fleet capacity additions and regional coverage rather than software or platform monetization.

Name

Numed

Legal name

Numed, Inc.

Website

https://numedinc.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

101–250 employees

Short description

Numed is a family-owned Texas-based provider of diagnostic imaging solutions serving hospitals and imaging centers across the U.S. It delivers managed services, equipment leasing, and parts/maintenance across Nuclear Medicine, MRI, PET/CT, and CT modalities.

Ownership category

akta.pro rank

Product category

Diagnostic Imaging Services

NAICS

Diagnostic Imaging Centers (621512), General Medical and Surgical Hospitals (622110)

SIC

Services-Health Services (8000), Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

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

akta.pro secondary industries

Radiology Imaging Centers (X-ray/CT/MRI/Ultrasound) (HLAFAKAA), Nuclear Medicine Clinical Services & Therapy Centers (HLAIAGAI), Imaging Informatics & Workflow (PACS/RIS/VNA) (HLAHABAI)

Keywords

• Diagnostic imaging services
• Medical equipment leasing
• Mobile imaging solutions
• Imaging department management
• Nuclear medicine services

Headquarters

HQ city

Cross Plains

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Premium Full Service: Turnkey imaging department solution providing equipment, staffing, maintenance, and operational management. Customers pay for comprehensive modality management including equipment, certified technologists, compliance support, and marketing services. This is a recurring managed services model with long-term facility partnerships.
2. Equipment Leasing: Flexible leasing arrangements for imaging equipment including short-term and long-term lease options. Customers avoid capital expenditures through fixed lease payments. Covers both fixed and mobile installation options with customization to facility needs.
3. Parts & Maintenance Services: On-demand equipment service with 24/7 dispatch capability. Includes preventative maintenance, time and materials service, and parts sales. Field Service Engineers certified on specific modalities ensure quality repairs.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Numed provides turnkey diagnostic imaging solutions to healthcare facilities, delivering and managing Nuclear Medicine, MRI, PET/CT, and CT imaging systems along with certified technologists, regulatory compliance support, and 24/7 maintenance services. The company complements its Premium Full Service managed offering with standalone Equipment Leasing and Parts & Maintenance services, sourced primarily through its partnership with GE Healthcare.

Product overview

Numed offers a portfolio of diagnostic imaging services centered around three core offerings: Premium Full Service (turnkey imaging department solution providing equipment, staffing, maintenance, and management), Equipment Leasing (flexible rental options for imaging equipment), and Parts & Maintenance (service support and parts inventory). The company supports four imaging modalities: Nuclear Medicine, MRI, PET/CT, and CT. Premium Full Service integrates all service components into a unified solution, while Equipment Leasing and Parts & Maintenance can be purchased separately. The company was founded in 1975 and serves healthcare facilities nationwide.

Differentiator

Problem solved

Functional benefit

Products and services

• Premium Full Service Turnkey diagnostic imaging solution that equips, staffs, services, and manages a healthcare facility's imaging department from top to bottom. Includes equipment, certified technologists, compliance support, maintenance, and marketing options to drive revenue. Targeted at hospitals, medical centers, and healthcare systems seeking a single partnership for all imaging department needs.
• Equipment Leasing Flexible leasing arrangements for diagnostic imaging equipment including short-term and long-term lease options. Allows healthcare facilities to access advanced imaging technology without major capital commitments, with expert consultation and on-demand support included. Covers both fixed and mobile installation options customized to facility needs.
• Parts & Maintenance Comprehensive equipment maintenance service including parts sales, preventative maintenance, and 24/7 time and materials service. Delivered by certified Field Service Engineers with a large inventory of pre-tested replacement parts enabling most repairs to be completed in 24 hours or less. Minimizes imaging department downtime.
• Nuclear Medicine Nuclear gamma camera imaging systems delivered with complete computer systems, software, expert team, ancillary equipment, and ongoing software upgrades. Includes Numed's own Radioactive Materials License operations and in-house physicist support for regulatory compliance. Targeted at healthcare facilities offering or expanding nuclear medicine imaging services.
• MRI (Magnetic Resonance Imaging) MRI systems ranging from high-field standard bore to large-bore configurations, delivered with an expert support team. Includes Numed's real-time remote magnet monitoring and critical-component alert capabilities (chillers, cold heads, compressors) to detect issues before downtime. Targeted at healthcare facilities needing MRI capabilities for diagnostic imaging.
• PET/CT (Positron Emission Tomography and Computed Tomography) Fusion (dual-modality) imaging combining PET and CT in multiple configurations including multislice systems for oncology and cardiac imaging applications. Supported by Numed's own RAM License operations and an in-house physicist assigned to each PET/CT installation, covering radioactive materials handling, shielding verification, dose calibration, and regulatory documentation.
• CT (Computed Tomography) CT (Computed Tomography) equipment ranging from basic systems for routine imaging to state-of-the-art multislice systems for advanced studies. Available as part of Premium Full Service, Equipment Leasing, or standalone Parts & Maintenance arrangements for healthcare facilities of various sizes.

Quantifiable outcome

• Most repairs completed in 24 hours or less
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• GE HealthcarecoreTechnology or IntegrationNumed provides imaging equipment from GE Healthcare including Nuclear Medicine systems (GE Millennium MG, GE Ventri), MRI systems (GE 12x, 15x, 16x 1.5T models), PET/CT systems (GE Discovery DSTe, GE Discovery ST8), and CT scanners (GE 64 Slice VCT, GE Lightspeed 16). GE is the primary equipment OEM supplier for Numed's imaging solutions.

Scale indicators2 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• MXR Imaging: MXR Imaging provides mobile and modular diagnostic imaging solutions, equipment sales, service, and parts across MRI, CT, PET/CT, and other modalities. Its mobile leasing and service offering directly overlaps Numed's equipment leasing and parts & maintenance business.
• DMS Health Technologies: DMS Health Technologies provides mobile diagnostic imaging services, including mobile MRI, CT, PET/CT, and nuclear medicine, to hospitals and clinics nationwide. It is a direct competitor to Numed in mobile imaging fleet leasing and managed imaging services.
• Modular Devices: Modular Devices specializes in mobile and modular imaging labs, including CT, MRI, PET/CT, and cardiac catheterization, offered on a rental or lease basis. Its mobile imaging rental model closely mirrors Numed's mobile imaging leasing and turnkey service offering.
• Shared Imaging (now Avante Health Solutions): Shared Imaging, rebranded under Avante Health Solutions, is one of the largest independent providers of mobile MRI, CT, and PET/CT leasing and managed services to U.S. hospitals. It directly competes with Numed in mobile imaging leasing and turnkey modality services to small and mid-sized hospitals.

Broad incumbents

• Siemens Healthineers: Siemens Healthineers is a global imaging OEM offering MRI, CT, PET/CT, and molecular imaging systems, plus service and financing. It competes with Numed indirectly through its own equipment-as-a-service and vendor service offerings to hospitals.
• Philips Healthcare: Philips Healthcare is a global imaging and diagnostic equipment OEM with MRI, CT, and PET/CT systems, supported by service contracts. It competes with Numed indirectly as an OEM offering bundled service and financing to the same hospital customer base.
• GE HealthCare: GE HealthCare is Numed's primary equipment OEM, supplying its Nuclear Medicine, MRI, PET/CT, and CT fleet. While not a direct services competitor in mobile leasing, GE Financial Services offers direct equipment financing and service contracts to Numed's customer base, making it both a partner and adjacent competitor.
• Agiliti Health: Agiliti is a large medical equipment services company offering equipment rental, maintenance, and clinical engineering across multiple modalities, including imaging. It overlaps with Numed's parts, maintenance, and leasing business but operates at significantly larger scale and across a broader equipment portfolio.

Others

• Lantheus Holdings: Lantheus is a radiopharmaceutical company supplying nuclear medicine tracers used in PET and SPECT imaging. It is adjacent to Numed's nuclear medicine modality business — Numed supplies the imaging equipment platform while Lantheus supplies the radiotracers consumed within it.

Emerging players

• US Med-Equip: US Med-Equip rents and services movable medical equipment, including some imaging-related assets, to hospitals. While broader in scope (beds, infusion, monitors), it overlaps with Numed's equipment leasing and parts & maintenance model on the imaging-adjacent side.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/numedinc
• YouTubeyoutube.com/@numedinc.4562
• Facebookfacebook.com/NumedInc
• LinkedInlinkedin.com/company/numed-inc-

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 Numed