What Tri-City Cardiology does

Tri-City Cardiology is a private, physician-owned multi-specialty cardiovascular medicine group founded in 1979 and headquartered in the Phoenix East Valley. The group employs 50+ board-certified cardiologists and advanced practice providers across 12+ locations serving Mesa, Chandler, Casa Grande, San Tan Valley, Sun Lakes, Gold Canyon, and surrounding communities. Clinical services span general cardiology, interventional cardiology, electrophysiology, structural heart, venous and vascular care, cardiac rehabilitation, and diagnostic imaging, with the group operating its own Ambulatory Surgery Center that has exceeded 6,000 procedures.

The practice delivers care using a broad set of advanced cardiovascular device platforms, including CardioMEMS for remote pulmonary artery pressure monitoring, the WATCHMAN FLX Pro left atrial appendage closure system, MitraClip and PASCAL Precision for transcatheter mitral valve repair, and participation in renal denervation trials for hypertension. In October 2025, the group entered a partnership with Basata to integrate AI tooling into practice operations. Leadership includes COO Angela Szczublewski and CFO Michelle Holmes.

Revenue is generated through fee-for-service clinical reimbursement across general and procedural cardiology, supplemented by ambulatory surgery center facility fees. The practice is exposed to payer mix across Medicare, commercial, and Medicaid lines and to referring-physician relationships with primary care practices across the East Valley. In March 2026, the group resolved a regulatory matter with a $4.75M settlement tied to allegations of unnecessary cardiac treatments, which represents a material compliance and reputational factor for prospective investors or acquirers.

Name

Tri-City Cardiology

Legal name

Tri City Cardiology Consultants

Website

https://tricitycardiology.com

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

251–500 employees

Short description

Tri-City Cardiology is a private, physician-owned multi-specialty cardiology group founded in 1979, operating 12+ locations across the Phoenix East Valley with 50+ cardiologists and providers, an ambulatory surgery center, and advanced structural heart and electrophysiology programs.

Ownership category

akta.pro rank

Product category

Cardiology Services

NAICS

Offices of Physicians (62111), Other Outpatient Care Centers (62149)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Specialty Outpatient Facilities, Nec (8093)

akta.pro primary industry

General Cardiology (Consultative) (HLAKABAA)

akta.pro secondary industries

Cardiovascular / Cath Lab & Electrophysiology Centers (HLAFAIAI), Ambulatory Cardiology Diagnostic & Procedure Centers (Non-hospital-based) (HLAFABAK), Cardiac Diagnostic Centers (Echo/Stress Testing/Holter) (HLAFAKAE)

Keywords

• Cardiovascular care services
• Interventional cardiology
• Electrophysiology services
• Cardiac rehabilitation
• Vascular disease treatment

Headquarters

HQ city

Mesa

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Patient Care Services: Revenue generated from cardiology consultations, diagnostic testing, interventional procedures, electrophysiology services, and surgical center procedures. Billed through insurance plans and patient payments.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Tri-City Cardiology is a physician-owned cardiovascular medical group practice that diagnoses, treats, and manages heart and vascular conditions across multiple clinic locations in the Phoenix East Valley. The group offers a full continuum of cardiac and vascular services spanning medical cardiology, interventional procedures, electrophysiology, structural heart, cardiac rehabilitation, and screening, and operates an Ambulatory Surgery Center (ASC) for outpatient cardiovascular procedures. Patient-facing digital tools such as an online patient portal and online bill pay support ongoing care and administration.

Product overview

Tri-City Cardiology is a Phoenix-based cardiology group providing comprehensive cardiovascular care through a multi-service platform architecture. The organization operates the Tri-City Surgical Centers (Ambulatory Surgery Center) as a flagship outpatient facility alongside numerous specialty service lines including Cardiac Rehabilitation, Diagnostic Imaging, Electrophysiology/Arrhythmia Center, Interventional Cardiology, Medical Cardiology, and Vein & Vascular Center. The practice offers advanced device and procedure technologies including CardioMEMS HF System for heart failure monitoring, WATCHMAN FLX Pro for stroke prevention in atrial fibrillation, MitraClip and PASCAL Precision for mitral valve repair, and Renal Denervation for resistant hypertension. Service sub-specialties cover Structural Heart Disease, AFib, Heart Failure Management, Coronary Artery Disease, Pacemaker management, Peripheral Artery Disease, and Cardiovascular Disease Screening. Patient-facing digital services include a Medfusion patient portal and online bill pay with CareCredit integration.

Differentiator

Problem solved

Functional benefit

Products and services

• Medical Cardiology
• Interventional Cardiology
• Electrophysiology & Arrhythmia Center Specialized evaluation and treatment of heart rhythm disorders, including AFib and other arrhythmias, with device-based therapies such as pacemaker implants and checks.
• Vein & Vascular Center Diagnosis and treatment of venous and peripheral vascular conditions for patients with vascular disease.
• Cardiac Rehabilitation Structured rehabilitation program for patients recovering from cardiac events or procedures, focused on long-term cardiovascular health.
• Diagnostic Imaging Cardiac and vascular diagnostic imaging services to support cardiovascular disease screening and ongoing patient management.
• Structural Heart Disease Program Specialized program for evaluation and treatment of structural heart conditions using advanced minimally invasive procedures.
• Ambulatory Surgery Center (ASC) Outpatient ambulatory surgery center operated by Tri-City Cardiology for cardiovascular procedures; the ASC was recognized for reaching a significant procedure milestone.
• Cardiovascular Disease Screening Screening services to detect cardiovascular disease risk and existing conditions in adult patients.
• Online Patient Portal Online portal that enables patients to access their health information and interact with the practice digitally.
• Online Bill Pay Online billing service that allows patients to view and pay their cardiology practice bills.

Quantifiable outcome

• 6,000+ procedures completed at Ambulatory Surgery Center
• +1 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature5 records

Partnerships

One partnership is on record.

• BasatacoreTechnology or Integration · 21 October 2025Expanded partnership to integrate AI across Tri-City Cardiology's healthcare operations, building on previous successful deployments of AI to manage clinical workflows. The move aims to reduce administrative overhead, improve efficiency, and enhance patient care by embedding AI into core functions including communication and workflow management.

Scale indicators4 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Cardiovascular Associates of America (CVAUSA): PE-backed platform aggregating independent cardiology group practices across the U.S. Most directly comparable business model: multi-location cardiology group with physicians, ambulatory capabilities, and procedure volumes — Tri-City's logical strategic/financial peer.
• HeartPlace: Large independent cardiology group practice in Texas with multi-subspecialty cardiac care, ambulatory facilities, and a similar physician-owned structure. Direct comparability on service breadth and ambulatory surgery capabilities.
• U.S. Heart & Vascular: Cardiology practice platform built through partnerships with independent cardiology groups nationwide. Directly comparable specialty group model with focus on interventional, EP, and vascular services.

Regional players

• Phoenix Heart & Vascular Center: Independent Phoenix-area cardiology practice offering general, interventional, and vascular services in the same East Valley market as Tri-City, providing a directly comparable regional peer for patient share and pricing dynamics.
• Arizona Cardiology Group: Regional cardiology group operating in the Phoenix metro with consultative, interventional, and diagnostic imaging services. Closely comparable specialty footprint and referral-base dynamics within the same geography.

Broad incumbents

• Banner Heart Institute (Banner Health): Banner Health's cardiovascular service line operates across the Phoenix East Valley — including Banner Heart Hospital where Tri-City conducts Renal Denervation trials. A local incumbent competing for the same structural heart and EP volumes.
• HonorHealth Heart Group: HonorHealth's employed cardiology group across Scottsdale/Phoenix competes with Tri-City for general and interventional cardiology referrals. Comparable specialty within a broader health-system delivery model.
• Mayo Clinic Arizona: National destination provider with Phoenix campus offering structural heart, EP, and advanced cardiology. Sets the upper-tier competitive benchmark for complex cardiac cases in the same metro.
• Cleveland Clinic Heart, Vascular & Thoracic Institute: National cardiac care benchmark with broad structural heart and EP capabilities. Sets clinical and technology standards against which any regional cardiology group is evaluated by payers and referring physicians.

Emerging players

• CardioOne: Emerging cardiology-focused management services and technology platform enabling independent cardiology practices to scale. Adjacent to Tri-City's operations and a potential partner/competitor for AI-enabled practice modernization.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@tri-citycardiology1395
• Facebookfacebook.com/TriCityCardiology

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Tri-City Cardiology