Lexington Diagnostic Center & Open MRI

What Lexington Diagnostic Center & Open MRI does

Lexington Diagnostic Center & Open MRI is a privately held, independent outpatient diagnostic imaging facility operating from a single site at 1725 Harrodsburg Road, Suite 100, in Lexington, Kentucky. Founded in 1988 and owned by Dr. Jason Harris, a board-certified, musculoskeletal fellowship-trained radiologist, the center delivers a full multi-modality imaging portfolio: Open MRI (6,000-gauss magnet), High Field 1.5T MRI, 3T MRI, CT (with low-dose lung cancer screening), ultrasound, DEXA bone densitometry, nuclear medicine, and walk-in X-ray. The facility operates extended hours (weekdays 7 AM–8 PM, Saturdays 8 AM–2 PM by appointment) and accommodates higher-weight and claustrophobic patients across scanner platforms (up to 525–550 lb MRI capacity, 390 lb CT capacity, 500 lb nuclear medicine capacity). It is also BBB accredited.

The business model is fee-for-service diagnostic imaging, billed through patient insurance or direct self-pay, with prices explicitly published and bundled to include the radiology reading fee. The center's central commercial positioning is cost transparency and pricing 2–5x below hospital-based imaging centers, a message amplified through its website, physician referral network, and social channels (Facebook, Twitter, Instagram, Pinterest, YouTube). Its payer mix is intentionally broad: Anthem Blue Cross Blue Shield, Cigna, Humana, United Healthcare, traditional Medicare, multiple Kentucky Medicaid managed-care plans (Aetna Better Health, Humana Medicaid, Passport/Molina, United Healthcare Medicaid, Wellcare), TriCare, and self-pay. Go-to-market is sales-led, combining a referring-physician channel (with pre-certification support and result delivery) and a self-serve patient appointment-request flow on the website.

The facility is co-tenanted with the Health & Wellness Clinic (urgent care and aesthetics) in Suite 210 of the same building, a structural arrangement that creates a small multi-tenant healthcare anchor on owned real estate. Marketing is primarily content-driven (website, social, BBB profile) and referral-driven, with no disclosed parent company, private equity sponsor, or institutional investor. Headcount is 11–50 and the company is classified as a small, independent for-profit operator within the Lexington ambulatory imaging market.

Name

Lexington Diagnostic Center & Open MRI

Legal name

Lexington Diagnostic Center & Open MRI

Website

https://lexingtondiagnostic.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

11–50 employees

Short description

Lexington Diagnostic Center & Open MRI is a privately held, independent outpatient imaging center in Lexington, Kentucky, offering MRI, CT, ultrasound, X-ray, nuclear medicine, and DEXA scans at prices 2–5x below hospital-based providers to physician-referred and self-pay patients.

Ownership category

akta.pro rank

Product category

Diagnostic Imaging Services

NAICS

Diagnostic Imaging Centers (621512), Ambulatory Health Care Services (621)

SIC

Services-Specialty Outpatient Facilities, Nec (8093), Services-Health Services (8000)

akta.pro primary industry

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

akta.pro secondary industry

Independent Diagnostic Testing Facilities (IDTFs) & Multi-Specialty Diagnostic Centers (HLAFAKAN)

Keywords

• Diagnostic imaging services
• MRI scans
• CT scanning
• Open MRI imaging
• Outpatient radiology

Headquarters

HQ city

Lexington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Diagnostic Imaging Services: Provides medical imaging services (MRI, CT, Ultrasound, X-Ray, Nuclear Medicine, DEXA) billed through patient insurance or self-pay. Revenue is generated through procedure fees covered by insurance carriers or direct patient payment.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Lexington Diagnostic Center & Open MRI is an independent outpatient medical imaging facility that performs MRI (Open, High Field 1.5T, and 3T), CT, ultrasound, X-ray, nuclear medicine, and DEXA bone density scans for patients referred by physicians or self-referred. Services are delivered at a single Lexington, KY location with extended hours and bundled pricing that includes the radiology reading fee, positioned as a lower-cost alternative to hospital-based imaging departments.

Product overview

Lexington Diagnostic Center & Open MRI operates as a medical imaging facility offering a comprehensive portfolio of diagnostic imaging services. The core offering includes three distinct MRI modalities (Open MRI with 6,000-gauss magnet for claustrophobic patients, High Field 1.5T MRI with 525 lb capacity, and 3T MRI for advanced detail), complemented by CT scanning, ultrasound, DEXA bone density, nuclear medicine, and standard X-ray services. The center also provides low-dose CT lung cancer screening and houses an affiliated Health & Wellness Clinic. Services are delivered with price transparency including radiology reading fees, positioning the facility as an affordable alternative to hospital-based imaging centers.

Differentiator

Problem solved

Functional benefit

Products and services

• Open MRI Open MRI imaging using a 6,000-gauss magnet, designed for patients with claustrophobia or larger body types, accommodating up to 500 lbs.
• High Field 1.5T MRI High-field MRI scanner with 1.5T magnet strength, 70 cm diameter bore, accommodating patients up to 525 lbs. Provides faster scan times with shorter system design.
• 3T MRI 3 Tesla MRI imaging providing highly detailed scans for advanced diagnostic needs, with 550 lb weight capacity and shorter bore design.
• CT Scan Computed Tomography scan using x-rays to create cross-sectional images of internal organs, brain, soft tissues, bones, and blood vessels. Accommodates patients up to 390 lbs.
• Ultrasound Non-invasive imaging using high-frequency sound waves to examine internal organs, soft tissues, thyroid gland, and blood vessels without radiation.
• DEXA Bone Density Scan Dual-energy x-ray absorptiometry scan measuring bone mineral density to diagnose osteopenia and osteoporosis. Uses minimal ionizing radiation.
• Low Dose CT Lung Cancer Screening Low-dose CT screening for lung cancer, typically covered by insurance for qualifying patients.
• Nuclear Medicine Nuclear medicine imaging using radioactive tracers injected or ingested to evaluate organ function at the cellular level. Includes bone scans, HIDA scans, thyroid scans, renal scans, and more.
• X-Ray Standard x-ray imaging using ionizing radiation to capture images of bones, lungs, heart, abdomen, and pelvis. No appointment required for walk-in X-rays.

Quantifiable outcome

• 2-5x cost savings compared to hospital imaging centers
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Anthem Blue Cross Blue ShieldcoreOthersMajor insurance provider accepted by Lexington Diagnostic Center for patient imaging services.
• CignacoreOthersMajor insurance provider accepted by Lexington Diagnostic Center for patient imaging services.
• HumanacoreOthersMajor insurance provider accepted by Lexington Diagnostic Center for patient imaging services.
• United HealthcarecoreOthersMajor insurance provider accepted by Lexington Diagnostic Center for patient imaging services.
• Medicare (Traditional Federal)coreOthersMedicare insurance accepted for eligible imaging services.
• Kentucky MedicaidcoreOthersKentucky Medicaid programs accepted including Aetna Better Health, Humana Medicaid, Passport/Molina Healthcare, United Healthcare Medicaid, and Wellcare.
• TriCarecoreOthersMilitary health insurance (TriCare) accepted for eligible imaging services.
• Health & Wellness ClinicminorOthersAn urgent care walk-in clinic is located upstairs in Suite 210 of the same building, offering urgent care and aesthetic/wellness treatments.

Scale indicators2 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• RadNet: Largest U.S. operator of freestanding outpatient diagnostic imaging centers, offering MRI, CT, ultrasound, X-ray, mammography, and nuclear medicine across 30+ states. Direct operating-model analog to Lexington Diagnostic Center at national scale.
• SimonMed Imaging: One of the largest physician-owned outpatient imaging networks in the U.S., offering MRI, CT, ultrasound, X-ray, nuclear medicine, and DEXA with emphasis on cost transparency. Closely matches LDC's independent, multi-modality model.
• RAYUS Radiology: National network of freestanding imaging centers (formerly Center for Diagnostic Imaging) providing MRI, CT, PET/CT, and other modalities. Comparable as a multi-site independent imaging operator competing against hospital systems.
• Akumin: Outpatient imaging and oncology services operator running freestanding centers across multiple U.S. states with MRI, CT, PET/CT, and related modalities. Same independent, multi-modality outpatient imaging model.
• MedQuest Associates: Independent operator and manager of outpatient diagnostic imaging centers (MRI, CT, ultrasound, X-ray), often partnering with hospital systems. Comparable freestanding-imaging business model and payer mix.
• Outpatient Imaging Affiliates: Operator and developer of freestanding outpatient imaging centers in partnership with hospitals and health systems. Highly comparable as a multi-site independent imaging platform.

Emerging players

• Solis Mammography: Specialized breast imaging network with focus on mammography, ultrasound, and DEXA at freestanding centers. Comparable as a non-hospital outpatient diagnostic imaging operator, though narrower modality scope.

Broad incumbents

• US Radiology Specialists: Multi-brand radiology platform that owns and partners with regional outpatient imaging centers and radiology practices nationwide. Larger, broader-incumbent analog to LDC's independent imaging model.
• Baptist Health Lexington: Lexington-area hospital system whose imaging department competes directly with LDC for referrals and patients. Comparable modality breadth and patient base, but operating under a hospital cost structure.
• UK HealthCare: University of Kentucky academic health system with extensive imaging services in Lexington. Competes for outpatient imaging volumes within the same primary service area as Lexington Diagnostic Center.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/lexopenmri
• YouTubeyoutube.com/channel/UC01yJiw_AYRa8gZFnSYxzHw
• Facebookfacebook.com/lexdiag
• LinkedInlinkedin.com/company/lexington-diagnostic-center-&-open-mri
• Instagraminstagram.com/ldcmri
• Pinterestpinterest.com/LDCMRI

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Lexington Diagnostic Center & Open MRI