Radiology Associates

What Radiology Associates does

Radiology Associates is a private diagnostic imaging and interventional radiology practice headquartered in Daytona Beach, Florida. Operating since 1958 as a division of Radiology Imaging Associates, LLC, the group runs 8 outpatient imaging centers across Volusia, Flagler, and St. Johns counties in east Central Florida and employs 33+ board-certified, fellowship-trained subspecialized radiologists (with the wider RIA network spanning 54-80+ radiologists across 6 Florida counties). The practice delivers a full imaging stack including 3T MRI, 64-slice CT with ASiR dose reduction, Time-of-Flight PET/CT, 3D mammography with Hologic SmartCurve, ultrasound, nuclear medicine, fluoroscopy, DEXA, and echocardiography, alongside image-guided biopsies and interventional radiology procedures. All facilities are ACR accredited, and the group was first in the region to achieve Image Gently Levels 1, 2, and 3 Honor Roll status.

The practice operates a hybrid B2C / B2B2C go-to-market: patients self-schedule screening mammography and can call directly, while most diagnostic and interventional volume is driven by referring physicians using online ordering tools, a dedicated physician scheduling line, and Synapse PACS integration for image review and treatment staging. The wider RIA corporate structure includes three operating divisions: Radiology Associates Imaging (the core outpatient imaging arm), Select Radiology Solutions (a national teleradiology interpretation service launched September 2024 with AI-enabled interpretation), and Interventional Specialists of Florida (an interventional radiology treatment division launched January 2025). Revenue is generated on a fee-for-service, per-procedure basis through insurance billing (commercial payors, Medicare) with self-pay Good Faith Estimates provided; pricing is not publicly disclosed.

Management includes Lisa Adams, MBA as CEO (appointed September 2020 after seven years as COO), Dr. Caleb Rivera as President of RIA, Dr. Roy Siragusa as President of the RIA Daytona Division, Dr. Alireza Bozorgmanesh as Medical Director of Interventional Specialists of Florida, and Tracy Phipps as CFO. Ownership is described as a privately held physician-centric practice with no private equity or venture capital ownership signals in the source data.

Name

Radiology Associates

Legal name

Radiology Imaging Associates, LLC

Website

https://radiologyassociatesimaging.com

Company type

Private

Founded year

1958

Operating status

Operating

Headcount range

101–250 employees

Short description

Radiology Associates is a private outpatient diagnostic imaging and interventional radiology practice operating 8 imaging centers across east Central Florida, staffed by 33+ board-certified subspecialized radiologists under the wider Radiology Imaging Associates corporate umbrella.

Ownership category

akta.pro rank

Product category

Diagnostic Imaging Services

NAICS

Diagnostic Imaging Centers (621512), Offices of Physicians (62111)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Health Services (8000)

akta.pro primary industry

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

akta.pro secondary industry

Radiology Imaging Centers (X-ray/CT/MRI/Ultrasound) (HLAFAKAA)

Keywords

• Diagnostic imaging services
• Interventional radiology procedures
• Outpatient imaging center
• Teleradiology services
• Women's diagnostic imaging

Headquarters

HQ city

Daytona Beach

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Diagnostic Imaging Services: Fee-for-service revenue from outpatient diagnostic imaging including X-ray, CT, MRI, PET/CT, ultrasound, nuclear medicine, mammography, and other imaging modalities. Services billed per procedure based on insurance contracts or self-pay.
2. Interventional Radiology Procedures: Revenue from minimally invasive interventional procedures including biopsies, vascular angioplasty/stenting, joint pain injections, and other image-guided treatments. Billed per procedure.
3. Screening Services: Preventive screening services including mammography, lung cancer screening (LDCT), colorectal cancer screening (CT colonography), prostate MRI, and bone density testing. May be covered by Medicare for eligible patients.
4. Teleradiology Services: Remote image interpretation services provided by Select Radiology Solutions division, operating 365 days a year with 24/7 coverage for diagnostic needs

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Radiology Associates provides diagnostic imaging and interventional radiology services across 8 outpatient imaging centers in eastern Central Florida. The practice offers a full spectrum of imaging modalities including MRI (3T), CT (64-slice), PET/CT, 3D mammography, ultrasound, nuclear medicine, DEXA, echocardiography, and X-ray, plus minimally invasive image-guided procedures such as biopsies, vascular angioplasty/stenting, joint injections, and prostate artery embolization. It also operates a national teleradiology service through its Select Radiology Solutions division.

Product overview

Radiology Associates, a division of Radiology Imaging Associates (RIA), operates as a comprehensive diagnostic imaging and interventional radiology practice with over 65 years of service. The company offers a unified portfolio of imaging services centered around general diagnostic imaging, MRI (including 3T), CT (64-slice), PET/CT, mammography (3D Tomosynthesis), ultrasound, nuclear medicine, interventional radiology, and specialized screening services. The portfolio includes sub-brands Interventional Specialists of Florida (interventional radiology treatments) and Select Radiology Solutions (teleradiology with AI-enabled diagnostics). Services are delivered through 8 state-of-the-art imaging centers across three counties in eastern Central Florida, staffed by 33+ board-certified subspecialized radiologists. The practice emphasizes advanced technology including first-to-market implementations (Time-of-Flight PET/CT, 3T MRI, 64-slice CT) and maintains ACR accreditation across all facilities.

Differentiator

Problem solved

Functional benefit

Products and services

• General Diagnostic Imaging Services Comprehensive diagnostic imaging services including X-ray, CT, MRI, PET/CT, ultrasound, nuclear medicine, and fluoroscopy for various diagnostic purposes across multiple body systems, offered to adult and pediatric patients on an outpatient basis.
• 3D Mammography (Breast Tomosynthesis) FDA-approved breast tomosynthesis screening exam producing 3D images of breast tissue for superior cancer detection and reduced false positive results compared to standard digital mammography, available with Hologic SmartCurve Breast Stabilization System.
• MRI Services Magnetic resonance imaging including 3T MRI (Ultra-High Field 3-Tesla), prostate MRI, breast MRI, cardiac MRI, and open-bore MRI machines for detailed soft tissue imaging without ionizing radiation.
• CT Services Computed tomography including 64-slice CT with ASiR dose reduction, cardiac CT, CT colonography (virtual colonoscopy), and low-dose CT lung cancer screening, with active participation in the ACR Dose Index Registry.
• PET/CT Imaging Positron emission tomography combined with CT, including first-and-only regional Time-of-Flight PET/CT scanners for cancer detection, staging, and treatment planning.
• Interventional Radiology Minimally invasive image-guided procedures including CT-guided interventions, vascular angioplasty/stenting, biopsies, joint pain injections, and prostate artery embolization (PAE), performed by fellowship-trained interventional radiologists.
• Women's Diagnostic Imaging Comprehensive women's imaging including 3D mammography, breast ultrasound, breast MRI, image-guided breast biopsy, pelvic ultrasound, and bone density testing at ACR Accredited centers, including the first Breast Centers of Excellence in St. Johns and Volusia counties.
• Nuclear Medicine Nuclear medicine imaging using radioactive tracers for diagnostic evaluation of various conditions including cardiac nuclear medicine and myocardial perfusion scans.
• Bone Density (DEXA) Dual-energy X-ray absorptiometry testing for bone mineral density measurement to diagnose osteoporosis and assess fracture risk.
• Echocardiography Cardiac ultrasound imaging to assess heart function, valves, and structural issues for diagnosis of heart disease and heart failure.
• Lung Cancer Screening (LDCT) Low-dose computed tomography screening providing up to 90% less ionizing radiation than conventional CT for early detection of lung cancer in high-risk patients aged 55-80 with 30 pack-year smoking history, reducing lung cancer mortality by up to 20% compared to chest X-ray.
• Full-Body MRI Screening Comprehensive MRI screening service for early detection and evaluation of various medical conditions throughout the body.
• Image-Guided Biopsy Services Minimally invasive tissue sampling guided by imaging including ultrasound-guided, stereotactic, and MRI-guided breast biopsies performed by fellowship-trained subspecialists.
• Select Radiology Solutions (Teleradiology Services) Division providing AI-enabled diagnostic imaging and teleradiology services operating 365 days/year with board-certified U.S.-based radiologists and industry-leading turnaround times, serving healthcare organizations nationally with 24/7/365 remote image interpretation.
• Interventional Specialists of Florida Division of Radiology Imaging Associates providing advanced, minimally invasive interventional radiology treatments with focus on excellence, precision, and price transparency in eastern central Florida. Medical Director: Alireza Bozorgmanesh, MD.

Quantifiable outcome

• 3D Mammography is up to 40% more effective in detecting invasive cancers and reduces false positive results
• +4 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability2 records

Feature10 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Interventional Specialists of FloridacoreStrategic or Co-development Partner · 24 January 2025New division of RIA focused on advanced, minimally invasive interventional radiology treatments. Mission to provide timely, accurate, and compassionate IR services using state-of-the-art technology. Medical Director: Alireza Bozorgmanesh, MD.
• Select Radiology SolutionscoreStrategic or Co-development Partner · 25 September 2024New division of RIA providing teleradiology services nationally with AI-enabled technology. Operates 365 days a year with board-certified, US-based radiologists. President: Dr. Caleb Rivera.
• HologiccoreTechnology or IntegrationRadiology Associates uses Hologic SmartCurve Breast Stabilization System combined with Genius 3D Mammography exam to provide more comfortable mammography screening with superior accuracy. 93% of women surveyed found SmartCurve more comfortable than standard mammography compression.
• Synapse PACScoreTechnology or IntegrationSynapse Picture Archiving and Communication System (PACS) used for immediate image review, data transfer, interactive treatment staging and more. Available to referring physicians for real-time image access.
• Image Wisely CampaignminorStrategic or Co-development PartnerPledged to Image Wisely campaign dedicated to radiation safety in adult medical imaging. Part of commitment to reducing unnecessary radiation exposure.
• Image Gently CampaignminorStrategic or Co-development PartnerPledged to Image Gently campaign dedicated to radiation safety in pediatric medical imaging. First regional imaging centers to receive Levels 1, 2 and 3 Honor Roll status.
• American College of Radiology (ACR)coreStrategic or Co-development PartnerACR accreditation for all facilities ensuring physicians meet strict education/training standards and all equipment surveyed by qualified medical physicists. Active participation in ACR Dose Index Registry.
• Embry-Riddle Aeronautical University AthleticsminorStrategic or Co-development PartnerOfficial radiology provider for Embry-Riddle Aeronautical University Athletics sports medicine program, providing musculoskeletal imaging for athletes.
• American Lung AssociationminorStrategic or Co-development PartnerSupports American Lung Association recommendations for annual LDCT screening for high-risk patients as part of lung cancer awareness and early detection efforts.
• Insurance ProviderscoreChannel Partner/ Reseller/ DistributorWorks with multiple insurance providers for coverage of imaging services. Complete list of insurance providers available on website. Good Faith Estimates provided for patient cost transparency.

Scale indicators11 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Radiology Partners: Largest physician-led radiology practice in the U.S., operating a national network of contracted and owned radiology groups with subspecialty reads. Directly comparable as a multi-state radiology group that consolidates independent practices and provides both on-site and teleradiology services.
• RadNet: National leader in outpatient diagnostic imaging with hundreds of centers across the U.S., strong in mammography, MRI, and CT. Directly comparable as a multi-state outpatient imaging center operator with the same modalities, payers, and patient base.
• SimonMed Imaging: One of the largest outpatient imaging networks in the U.S. with a heavy footprint in the Sun Belt, offering MRI, CT, ultrasound, mammography, and DEXA. Comparable to RIA as a regional-to-national outpatient imaging operator competing in Florida markets.
• US Radiology Specialists: PE-backed national radiology practice combining on-site coverage, subspecialty reads, and teleradiology. Directly comparable in business model and modality mix, with active M&A roll-up of regional groups similar to RIA.
• Akumin: Outpatient imaging and radiology services provider with fixed-site centers, mobile imaging, and teleradiology across multiple states. Comparable in modality breadth, including MRI, CT, PET, and women's imaging, and in Florida presence.
• RAYUS Radiology: National outpatient imaging network with subspecialist radiologists and advanced modalities including 3T MRI and PET/CT. Comparable in modality mix, physician-led model, and multi-state expansion strategy.
• Envision Radiology: Multi-state outpatient imaging provider offering MRI, CT, mammography, and interventional procedures with a regional-center footprint. Comparable in service mix and patient-facing center model to RIA.
• Rezolut: National diagnostic imaging platform operating fixed-site centers, women's imaging, and teleradiology. Comparable as a consolidator of regional imaging practices pursuing scale across multiple U.S. states.

Broad incumbents

• AdventHealth: Large, Florida-based non-profit health system with extensive outpatient imaging, employed physicians, and integrated payer relationships. Competes with RIA for imaging referrals in the same east Central Florida geography but as part of a much broader hospital portfolio.
• HCA Florida Healthcare: Major hospital network operating throughout Florida, with significant outpatient imaging and employed radiology groups. Competes with RIA for advanced imaging referrals in overlapping Central and North Florida markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/RadAssocImaging
• Facebookfacebook.com/RadiologyAssociatesImagingCenters
• LinkedInlinkedin.com/company/radiology-associates-imaging

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 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 Radiology Associates