Raleigh Neurology Associates, P.A.

What Raleigh Neurology Associates, P.A. does

Raleigh Neurology Associates, P.A. (RNA) is a physician-owned, private multispecialty neurology practice founded in 1983 and headquartered in Raleigh, North Carolina. The practice employs 40+ providers (physicians, physician assistants, and nurse practitioners) within an organization of 251-500 total employees, serving more than 250,000 patients across the Raleigh-Durham Triangle from a 100,000+ square foot flagship facility on Sunday Drive and a satellite office in Durham. Operating as a Professional Association under North Carolina law, RNA is controlled by its physician shareholders with no disclosed private equity, venture, or corporate parent ownership.

The practice delivers comprehensive neurological care across adult neurology, pediatric neurology, sleep medicine, pain management, multiple sclerosis, neuro-ophthalmology, neurodiagnostics, MRI imaging, infusion therapy, and an on-site full-service pharmacy (RNA Pharmacy). Its Multiple Sclerosis Center has been nationally accredited by the National Multiple Sclerosis Society since 2012, and its sleep medicine program is accredited by the American Academy of Sleep Medicine. Underlying technology includes athenahealth (patient portal), Nexus MD (cloud imaging portal), HealthMark Group (medical records), and on-site MRI with open-bore scanners accommodating patients up to 350 pounds. The RNA Clinical Research Center runs 80-100 active Phase II, III, and IV trials in MS, Parkinson's, Alzheimer's, sleep medicine, migraine, and stroke, with site partnerships including IQVIA, Syneos Health, and Velocity Clinical Research.

Revenue is generated through three primary streams: fee-for-service patient care billed to Medicare and major commercial insurance carriers, professional services from pharmaceutical-sponsored clinical trials, and prescription fulfillment through the in-house pharmacy. Go-to-market is predominantly sales-led via physician referral networks in the Triangle region with supplementary direct-to-consumer access through online portals, phone scheduling, and self-referral for select services. The practice is led by CEO Cynthia Cox (joined 2025), CFO Marcus Wilson (joined 2017), and HR Director Kellie Schmidt (joined 2003), with Dr. William G. Ferrell serving as President since the mid-1990s.

Name

Raleigh Neurology Associates, P.A.

Legal name

Raleigh Neurology Associates, P.A.

Website

https://raleighneurology.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

251–500 employees

Short description

Raleigh Neurology Associates is a physician-owned, private multispecialty neurology practice founded in 1983 in Raleigh, NC. With 40+ providers and a 100,000+ sq ft facility, it serves 250,000+ patients across the Triangle area through adult and pediatric neurology, MRI, infusion, pharmacy, and a clinical research center.

Ownership category

akta.pro rank

Product category

Neurology Medical Practice

NAICS

Offices of Physicians (62111), Offices of Physicians (except Mental Health Specialists) (621111), Diagnostic Imaging Centers (621512), Research and Development in the Physical, Engineering, and Life Sciences (54171)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Medical Laboratories (8071), Services-Misc Health & Allied Services, Nec (8090)

akta.pro primary industry

General Neurology (HLAKAIAA)

akta.pro secondary industries

Pediatric Neurology (HLAKAIAK), Neurodiagnostic Centers (EEG/EMG/NCS) (HLAFAKAK)

Keywords

• Neurology medical services
• Neurological diagnostic imaging
• Specialty physician practice
• Clinical research trials
• Pain management services

Headquarters

HQ city

Raleigh

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Patient Care Revenue: Fee-for-service healthcare delivery where the practice bills insurance carriers for medical services provided. Patients are responsible for copays and any amounts not covered by their insurance plans.
2. Clinical Research Revenue: Pharmaceutical companies sponsor clinical trials conducted at the practice. All treatment costs are covered by sponsors for enrolled trial participants.
3. Pharmacy Services: In-house pharmacy fills prescriptions for patients, billing insurance plans and collecting copays

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Raleigh Neurology Associates is a multi-specialty physician practice delivering comprehensive neurological care for adults and children, including diagnostic evaluation, treatment, MRI imaging, neurodiagnostics, sleep medicine, infusion therapy, pain management, and clinical research services. The practice operates a unified platform with on-site pharmacy, accredited MS Care Center, and clinical trials program across its Raleigh flagship and Durham satellite offices in North Carolina's Triangle area.

Product overview

Raleigh Neurology Associates, P.A. is a multi-service neurology practice offering a comprehensive suite of neurological care services. The practice operates as a unified platform with multiple specialized service lines including Adult Neurology Services, Child Neurology Services, Sleep Medicine Program, Pain Management Clinic, MRI Services, Neurodiagnostics Lab, Neuro-Ophthalmology Services, and a Nationally Accredited Multiple Sclerosis Center. Supporting clinical operations are the Clinical Research Center (conducting 80-100 active trials), Infusion Services suites in Raleigh and Durham, and the RNA Pharmacy for on-site prescription fulfillment. Child Development Services were sunsetted effective March 2025. All services are coordinated through patient portals powered by athenahealth and Medfusion, with medical records managed through HealthMark Group and imaging through Nexus MD. The practice has been serving the Triangle area since 1983 and treats over 250,000 patients.

Differentiator

Problem solved

Functional benefit

Products and services

• Adult Neurology Services Comprehensive neurological care for disorders of the central and peripheral nervous system, including the brain, spinal cord, peripheral nerves, neuromuscular junctions, and muscles. Treats Alzheimer's Disease, headache/migraine, multiple sclerosis, neck and back pain, Parkinson's Disease, seizures/epilepsy, and stroke.
• Child Neurology Services Pediatric neurology department providing comprehensive neurological evaluation, accurate diagnosis, modern treatment and follow-through for children. Specializes in epilepsy/seizures, headache/migraines, sleep disorders, developmental issues, mild traumatic brain injury, tic disorders/Tourette syndrome, and botulinum toxin injections.
• Sleep Medicine Program Full-service clinical facility providing diagnosis and treatment of sleep disorders including sleep-related breathing disorders, insomnia, hypersomnias, parasomnias, sleep movement disorders, and circadian rhythm disorders. Offers overnight sleep studies, CPAP therapy, MSLT, and MWT testing at accredited labs.
• Pain Management Clinic State-of-the-art pain management clinic providing comprehensive management for chronic and episodic pain. Offers interventional procedures including guided injections using C-Arm X-ray and ultrasound machines. Treats headaches/migraines, degenerative disc disease, spinal headaches, scoliosis, trigger points, post-surgical pain, nerve pain, radio frequency ablations, and spinal cord stimulator trials.
• MRI Services Comprehensive neurological MRI imaging with state-of-the-art scanners, on-site neuroradiology services, and open MRI technology. Two fixed MRI scanners accommodate patients up to 350 pounds with neuro-radiologist on site Monday through Friday for immediate interpretation.
• Neurodiagnostics Lab Advanced diagnostic services analyzing and monitoring nervous system function. Services include nerve conduction studies (NCS), electromyography (EMG), electroencephalography (EEG), videonystagmography (VNG), and audiology testing. Procedures range from 20 minutes to 48 hours for ambulatory EEG.
• Neuro-Ophthalmology Services Specialized evaluation and treatment of conditions affecting nerves of the eye, eye socket, and brain. Treats optic neuritis, papilledema, unexplained vision loss, transient vision loss, double vision, abnormal eye movements, abnormal pupils, Graves' disease, and ocular myasthenia gravis.
• Multiple Sclerosis Center Nationally Accredited MS Care Center (since 2012) bringing together clinical research, infusion, neuropsychology, and radiology. Offers baseline testing (EDSS), diagnosis via MRI/LP, collaborative MS treatment, PT/neuropsychology assessment, clinical research, and shared medical visits.
• Clinical Research Center Clinical trials program conducting 80-100 Phase II, III, or IV trials at any given time in MS, Parkinson's Disease, Alzheimer's Disease, sleep medicine, migraine, and stroke. Experienced nurse coordinators provide personalized care throughout trial visits with all treatment costs covered by pharmaceutical sponsors.
• Infusion Services Infusion therapy suites in Raleigh and Durham offering cutting-edge treatments for conditions including optic neuritis, CIDP, myasthenia gravis, and GBS. Features comfortable recliners, on-site neurologist for therapy adjustment, and special certifications in MS and infusion management.
• RNA Pharmacy Full-service, in-house pharmacy at 1540 Sunday Drive office for prescription fulfillment. Offers in-house compounding, accepts most major insurance plans, and accepts prescriptions via e-prescribe, fax, or walk-in. No referral required.

Quantifiable outcome

• Serving over 250,000 people in the Triangle area
• +4 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and support.

• IQVIAcoreStrategic or Co-development PartnerIQVIA is a partner site for clinical research operations. IQVIA is a leading global provider of clinical trial services and healthcare data analytics.
• Syneos HealthcoreStrategic or Co-development PartnerSyneos Health Research Site Partner award winner. Syneos Health is a pharmaceutical solutions company providing clinical and commercial services.
• Velocity Clinical ResearchcoreStrategic or Co-development PartnerClinical research department partnered with Velocity Clinical Research for conducting clinical trials in neurological indications.
• AMN Healthcare (formerly Stratus/InDemand)supportTechnology or IntegrationVideo on demand (VOD) technology partnership providing interpreter services for Limited English Proficiency patients at no cost.
• HealthMark GroupsupportTechnology or IntegrationPartnership for medical records requests. Records can be available for download in as few as 8 business hours through their secure platform.
• Nexus MDsupportTechnology or IntegrationCloud-based patient portal for imaging records. Allows patients to view, download, and share imaging studies without needing CDs.
• NC HealthConnexcoreTechnology or IntegrationParticipates in the North Carolina Health Information Exchange Network operated by the NC Health Information Exchange Authority. Shares patient health information for care coordination and is required to submit clinical data for state-funded healthcare programs.

Scale indicators5 records

Recent moves10 records

Expansion highlights5 records

Emerging players

• Velocity Clinical Research: Dedicated clinical research site network. Although a research partner of RNA today, it also acquires and operates neurology research sites, making it both a partner and a long-term competitor for trial placement.
• Sevaro Health: Tele-neurology and inpatient neurohospitalist provider. Represents the emerging virtual/remote neurology delivery model that could compete for certain RNA service lines (e.g., neurohospitalist coverage at WakeMed) over time.

Regional players

• Novant Health Neurology: Multi-state health system neurology service line headquartered in the Carolinas. Comparable specialty mix and a regional alternative to independent practices like RNA.
• WakeMed Neurology: Hospital-affiliated neurology service in Raleigh where RNA already provides neurohospitalist coverage. Represents both a partner and a potential employer competitor for neurology providers in the Triangle.

Direct peers

• Texas Neurology, P.A. Large independent multi-subspecialty neurology practice in Dallas, TX with comparable offerings (neurodiagnostics, infusion, MRI, sleep). Operates on a similar FFS, physician-owned model and is among the most analogous large independent neurology groups to RNA.
• Palm Beach Neuroscience Institute: Independent multi-physician neuroscience group offering adult neurology, neuroimaging, infusion, and clinical trials. Closely comparable private-practice neurology business model with on-site diagnostics and research.
• Dent Neurologic Institute: One of the largest independent neurology practices in the U.S. based in Amherst, NY. Multi-subspecialty clinical services plus imaging, infusion, and clinical research make it a close analog to RNA's integrated service stack and scale profile.

Broad incumbents

• UNC Department of Neurology: Academic neurology program at UNC-Chapel Hill. Competes with RNA in the same Triangle geography, particularly for complex cases, MS, and pediatric neurology.
• Duke Neurology (Duke Health): Academic neurology department at Duke University, also based in the Triangle area. Direct local competitor for referrals and subspecialty talent, with deeper research budgets and residency pipelines than RNA.
• Atrium Health Neurosciences: Carolinas-based health system with a growing neurology service line including MS, stroke, and movement disorders. A regional incumbent that competes for neurologists and referrals in adjacent markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/raleigh-neurology-associates-p-a-
• Instagraminstagram.com/rnaclinicalresearch
• Xx.com/raleighneuro

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 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 Raleigh Neurology Associates, P.A.