Cheyenne Radiology

What Cheyenne Radiology does

Cheyenne Radiology Group (CRG) is a private, physician-owned outpatient radiology practice founded in 1952 and headquartered at 2003 Bluegrass Circle in Cheyenne, Wyoming. It operates Cheyenne's first and only full-service outpatient imaging center, delivering eight diagnostic imaging modalities — CT, CTA, MRI, MRA, mammography, DEXA, ultrasound, and X-ray — performed by certified technologists and interpreted by nine board-certified, fellowship-trained radiologists with subspecialty expertise in neuroradiology, breast imaging, musculoskeletal imaging, and abdominal radiology.

The group's underlying technology stack includes digital imaging scanners across all modalities, a web-based PACS (Intelrad Pacs) for image transfer, storage, and retrieval, plus dedicated Patient and Provider portals that support 24/7 scheduling, records access, secure messaging, and claims/payment workflows. The PACS also enables teleradiology, allowing the practice to provide remote read services to hospitals, clinics, and physician practices throughout Wyoming and Colorado with 24-hour turnaround on standard reads and 15-minute turnaround on emergency/stat reads.

CRG makes money through two primary revenue streams. The first is fee-for-service outpatient imaging billed to patients and insurance payers (BCBS, Cigna, Medicare, Medicaid, United Healthcare, and others) at its Cheyenne facility. The second is professional/remote read services revenue, billed to healthcare-provider customers in Wyoming and Colorado for 24/7 radiology interpretation. The group also participates in a joint venture, Cheyenne Women's Imaging Pavilion, with Cheyenne Regional Medical Center to centralize women's diagnostic imaging in southeast Wyoming. The practice holds ACR accreditation across all modalities and, in 2023, became one of the first ten institutions in the US and the first west of the Mississippi River to earn the ACR Diagnostic Imaging Center of Excellence (DICOE) designation.

Name

Cheyenne Radiology

Legal name

Cheyenne Radiology Group

Website

https://cheyrad.com

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

101–250 employees

Short description

Cheyenne Radiology Group is a private, physician-owned outpatient radiology practice in Cheyenne, Wyoming, operating eight imaging modalities and a regional teleradiology service across Wyoming and Colorado for patients and healthcare providers.

Ownership category

akta.pro rank

Product category

Diagnostic Imaging Services

NAICS

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

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011)

akta.pro industry

PRIMARYHLAFAKAA

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

Healthcare & Life Sciences/Healthcare Providers & Systems/Diagnostic & Imaging Centers

SECONDARYHLACALAK

Teleradiology Platforms & Reading Workflow

Healthcare & Life Sciences/Digital Health & Health IT/Medical Imaging Informatics (PACS/RIS/VNA) & Radiology IT

SECONDARYHLACALAF

Radiology Reporting, Dictation & Structured Reporting

Healthcare & Life Sciences/Digital Health & Health IT/Medical Imaging Informatics (PACS/RIS/VNA) & Radiology IT

SECONDARYHLACALAI

Image Exchange, Sharing & Patient/Provider Portals (DICOM/Web)

Healthcare & Life Sciences/Digital Health & Health IT/Medical Imaging Informatics (PACS/RIS/VNA) & Radiology IT

Keywords

• Diagnostic imaging services
• Outpatient radiology
• Teleradiology services
• Medical imaging center
• Radiology interpretation

Headquarters

HQ city

Cheyenne

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Outpatient Imaging Services: Fee-for-service medical imaging procedures billed to patients and insurance providers. Services include CT, MRI, mammography, ultrasound, X-ray, DEXA, MRA, and CTA scans performed at the Cheyenne outpatient facility.
2. Professional/Remote Read Services: Remote radiology interpretation services provided to hospitals, clinics, and physician practices in Wyoming and Colorado. Radiologists provide image interpretations 24/7 with PACS-based image transfer.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Cheyenne Radiology Group is a private radiology practice that performs and interprets a full range of outpatient diagnostic imaging studies—CT, MRI, mammography, ultrasound, X-ray, DEXA, CTA, and MRA—for referred patients at its Cheyenne, Wyoming facility. It additionally provides remote read/teleradiology interpretation services to external hospitals and physician practices across Wyoming and Colorado, delivered through a PACS-based digital workflow with online patient and provider portals.

Product overview

Cheyenne Radiology is Cheyenne's first and only full-service outpatient imaging center (established 1952), offering a unified portfolio of diagnostic imaging services. The core offering consists of eight imaging modalities—CT, CTA, MRI, MRA, Mammography, DEXA, Ultrasound, and X-ray—all performed by certified technologists and interpreted by board-certified radiologists. These services are delivered through the company's own outpatient facility and supplemented by Professional Services (teleradiology/remote read services) that extend radiologist coverage to hospitals and practices throughout Wyoming and Colorado. Technology platforms include a Patient Portal for 24/7 patient access to records and appointments, a Provider Portal for referring physician management, and a PACS system (Intelrad Pacs) for image storage and retrieval. Cheyenne Radiology also operates Cheyenne Women's Imaging Pavilion as a joint venture with Cheyenne Regional Medical Center for specialized women's diagnostic imaging.

Differentiator

Problem solved

Functional benefit

Products and services

• CT (Computed Tomography)

Quantifiable outcome

• 24-hour turnaround for all image reads
• +2 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

Feature2 records

Partnerships

One partnership is on record.

• Cheyenne Regional Medical CentercoreStrategic or Co-development PartnerJoint venture partner for Cheyenne Women's Imaging Pavilion, a dedicated facility that centralizes and expands women's diagnostic imaging services in southeast Wyoming. The joint venture combines Cheyenne Radiology's radiology expertise with Cheyenne Regional Medical Center's hospital resources.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• SimonMed Imaging: One of the largest outpatient imaging networks in the U.S., with a focus on advanced imaging including MRI, CT, and mammography. Comparable to CRG's broad-modality outpatient imaging offering, but at a national, multi-state scale.
• Akumin: Outpatient imaging and radiology services provider operating fixed-site centers and mobile imaging units. Comparable to CRG's outpatient modality-based business model, with a substantially larger geographic footprint.
• RadNet: Public outpatient imaging center operator with more than 350 centers across the U.S. Comparable to CRG because it operates outpatient imaging facilities and related IT/AI-enabled workflows, but at enterprise scale and across multiple states versus CRG's single-market Cheyenne presence.

Direct peers

• Foundation Radiology Group: Radiology practice providing both on-site and remote reads to community hospitals and outpatient centers. Comparable to CRG in combining onsite and teleradiology work for smaller regional healthcare providers, with similar subspecialty model.
• RAYUS Radiology: One of the largest U.S. outpatient imaging networks, operating a multi-state network of diagnostic imaging centers offering MRI, CT, mammography, and other modalities. Comparable to CRG as a directly competitive outpatient imaging platform with cross-state reach, though at substantially greater scale.
• Radiology Partners: Largest PE-backed radiology group in the U.S., providing both on-site and remote radiology reads to hospitals and outpatient centers. Comparable to CRG's teleradiology/remote read business and its physician-owned practice model, but with national scale and significantly broader subspecialty coverage.
• US Radiology Specialists: PE-backed radiology group offering both on-site and remote interpretation services across multiple states. Directly competes with CRG's hospital and remote read services in multi-state markets, with a similar subspecialty-driven model but national footprint.
• Envision Radiology: Multi-state outpatient imaging center operator offering CT, MRI, ultrasound, X-ray, and mammography services. Comparable to CRG as a multi-site outpatient imaging provider in secondary markets, with a similar modality breadth.
• vRad (Virtual Radiologic): Large teleradiology practice providing remote image interpretation to hospitals and clinics on a 24/7 basis. Directly comparable to CRG's remote read services business in terms of delivery model and customer base, but at national scale.

Regional players

• Inland Imaging: Physician-owned radiology group serving the Pacific Northwest with outpatient imaging and remote read services. Comparable to CRG as a similarly structured physician-owned outpatient practice with a regional teleradiology component, though operating in a different geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cheyenne-radiology-group

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

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 Cheyenne Radiology