Cardiology Associates

What Cardiology Associates does

Cardiology Associates is a physician-owned private cardiology practice founded in 1985 by Dr. Gerry M. Phillips in Mobile, Alabama. Over four decades the group has scaled to 30 board-certified physicians and 25 advanced practice providers (55 providers total) operating from five full-time clinics in Mobile, Fairhope, and Foley, Alabama plus three outreach clinics in Chatom, Alabama; Jackson, Alabama; and Lucedale, Mississippi. The practice delivers the full cardiovascular subspecialty spectrum — clinical cardiology, interventional procedures, cardiac electrophysiology, peripheral vascular intervention, heart failure and transplant management, congenital heart disease, structural heart interventions, and preventive care — to individual patients across the Alabama, Mississippi, and Florida Gulf Coast. The practice exited Atmore, Alabama in July 2023 after more than 25 years of service and relocated its Chatom clinic onto the Washington County Hospital campus in December 2025.

The service portfolio is anchored by advanced imaging (a dedicated Cardiac PET scanner and an ultra-fast CT scanner for cardiac and peripheral CT angiography — the latter being a U.S. private-practice first in 2005), catheter-based interventional procedures (TAVR, MitraClip, PFO/ASD closure, Left Atrial Appendage Closure, renal denervation, radiofrequency and pulse field ablation, coronary and peripheral stenting), and specialty programs (Arrhythmia Center, Structural Heart, Heart Failure, Peripheral Vascular). Diagnostic interpretation is augmented by Cleerly's AI-enabled coronary plaque analysis software applied to CT angiography images. Patient access is supported by HIPAA-compliant telehealth appointments, a FollowMyHealth patient portal, and InstaMed online bill pay. The structural heart team has performed more than 1,000 TAVR procedures and the practice was first in Mobile to offer TAVR in 2011, first in region to offer renal denervation, and an early adopter of pulse field ablation.

Cardiology Associates generates revenue on a fee-for-service professional services model, billing commercial insurance carriers, Medicare, and Medicaid, and collecting patient copays at the time of service. Select screening services are published at unit prices for self-pay patients (cardiac calcium scoring at $125, low-dose CT lung screening at $250). Marketing and patient acquisition are sales-led via direct scheduling (including a same-day appointment line), primary-care physician referrals driven by HMO/PPO insurance requirements, the practice website, and clinical-trial-driven research visibility. The practice has participated in more than 35 sponsored clinical trials with Medtronic, Boston Scientific, Abbott, NIH, and AstraZeneca, and operates without disclosed private equity, venture capital, or parent-company ownership.

Name

Cardiology Associates

Legal name

Cardiology Associates

Website

https://cardassoc.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

101–250 employees

Short description

Cardiology Associates is a physician-owned private cardiology practice founded in 1985 in Mobile, Alabama, with 55 providers across 8 Gulf Coast clinics. It delivers comprehensive cardiovascular care — advanced imaging, interventional and structural heart procedures, and heart failure management — to individual patients across Alabama, Mississippi, and Florida.

Ownership category

akta.pro rank

Product category

Cardiology Services

NAICS

Offices of Physicians (except Mental Health Specialists) (621111)

SIC

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

akta.pro primary industry

Ambulatory Cardiology Diagnostic & Procedure Centers (Non-hospital-based) (HLAFABAK)

akta.pro secondary industries

General Cardiology (Consultative) (HLAKABAA), Interventional Cardiology (PCI/Structural Heart) (HLAKABAB), Cardiovascular / Cath Lab & Electrophysiology Centers (HLAFAIAI), Heart Failure & Transplant Cardiology (HLAKABAD)

Keywords

• Cardiology services
• Cardiovascular care
• Interventional cardiology
• Diagnostic imaging
• Heart failure care

Headquarters

HQ city

Mobile

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Patient Care Services: Fee-for-service healthcare delivery including office visits, diagnostic tests, interventional procedures, and telehealth appointments. Revenue generated through insurance billing, Medicare/Medicaid, and patient copays.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Cardiology Associates is a private physician-owned cardiology practice that delivers comprehensive cardiovascular care spanning preventive services, advanced diagnostic imaging, catheter-based interventional procedures, and specialty programs for arrhythmias, structural heart disease, peripheral vascular disease, and heart failure. Services are delivered across multiple clinic locations and partner hospitals in the Gulf Coast region, supplemented by telehealth appointments.

Product overview

Cardiology Associates operates as a comprehensive cardiovascular care practice offering a unified platform of diagnostic, interventional, and specialty services. The portfolio includes advanced cardiac imaging (CT, PET, echocardiography, stress testing), interventional procedures (TAVR, ablation, stenting), specialty programs (arrhythmia, structural heart, heart failure, peripheral vascular), and digital patient services (telehealth, patient portal). Core diagnostic imaging services are supported by AI-powered Cleerly plaque analysis. The practice serves the Gulf Coast region through multiple clinic locations.

Differentiator

Problem solved

Functional benefit

Products and services

• Cardiac and Peripheral CT Imaging
• Cardiac PET Imaging
• Cardiac Calcium Scoring
• Low Dose CT Lung Screening
• Cardiac Angiography and Catheterization
• Transesophageal Echocardiography (TEE)
• Stress Testing and Stress Echocardiography
• Holter Monitoring
• Ankle-Brachial Index and Doppler Studies
• Cardiopulmonary Exercise Testing (CPX/CPET)
• Transcatheter Aortic Valve Replacement (TAVR)
• MitraClip Transcatheter Edge-to-Edge Repair
• Left Atrial Appendage Closure (LAAC)
• Radiofrequency Ablation
• Pulse Field Ablation (PFA)
• Renal Denervation (RDN)
• Coronary, Peripheral, and Carotid Stenting
• Permanent Pacemaker and ICD Implantation
• Electrophysiology Studies and Pulmonary Vein Isolation
• Heart Failure Care Program
• Arrhythmia Center
• Structural Heart Program
• Peripheral Vascular Care
• Telehealth Appointments
• Patient Portal Access
• Cleerly Coronary Plaque Analysis

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability3 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• MedtroniccoreStrategic or Co-development PartnerClinical trial sponsor for Global SYMPLICITY Registry (GSR) DEFINE studying renal denervation for hypertension. Dr. Stan Thornton served as Principal Investigator and treated first U.S. patient in the trial.
• Boston ScientificcoreStrategic or Co-development PartnerSponsor for ADVENT PAS study on FARAPULSE Pulsed Field Ablation System and EXPAND G4 MitraClip G4 System studies. Dr. E. Matthew Quin and Dr. M. Wail Hashimi serve as Principal Investigators.
• AbbottcoreStrategic or Co-development PartnerSponsor for EXPAND G4 study evaluating MitraClip G4 System for mitral regurgitation treatment.
• Infirmary HealthcoreStrategic or Co-development PartnerHospital partner for clinical trials including GSR DEFINE with coordinator Rhonda Dickinson RN participating from Infirmary Health.
• National Institutes of Health (NIH)coreStrategic or Co-development PartnerSponsor for CREDENCE study evaluating CT features for detection of myocardial ischemia.
• AstraZenecaminorStrategic or Co-development PartnerSponsor for ARTEMIS study on antiplatelet medication duration after STEMI and NSTEMI.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Sanger Heart & Vascular Institute (Atrium Health): Part of Atrium Health, this institute offers comprehensive cardiovascular services including structural heart, EP, and advanced imaging across a large regional footprint — overlapping capability with Cardiology Associates but embedded in a health system rather than an independent group.
• Cleveland Clinic Heart, Vascular & Thoracic Institute: A leading academic cardiovascular institute performing the full range of complex interventional and structural heart procedures; overlaps with Cardiology Associates on the cutting-edge procedure portfolio (TAVR, PFA, RDN) but operates at academic-medical-center scale.
• Piedmont Heart Institute: A hospital-based cardiovascular service line offering advanced cardiac care including TAVR and EP across Georgia. Comparable to Cardiology Associates in procedural breadth but operates inside a multi-hospital system.
• Minneapolis Heart Institute (Allina Health): A nationally recognized cardiovascular program offering the full range of cardiology subspecialties; comparable service mix but embedded in a larger integrated delivery network rather than an independent private practice.

Direct peers

• Oklahoma Heart Institute (OHI): A physician-led cardiovascular specialty group offering the full subspecialty mix including structural heart (TAVR), EP, and advanced imaging — comparable to Cardiology Associates in structure and procedure depth.
• Cardiovascular Institute of the South: A large, independent, multi-specialty cardiovascular practice serving Louisiana and surrounding Gulf states with diagnostic, interventional, and EP services. Closely comparable to Cardiology Associates in scale, scope, and regional private-practice positioning.
• Cardiovascular Associates of America (CVAUSA): CVAUSA is a private-equity-backed platform building a national network of multi-specialty cardiology practices, directly comparable to Cardiology Associates as a physician-led group offering the full cardiovascular subspecialty stack (clinical, interventional, EP, structural heart). It is the closest strategic and operational analogue in terms of growth model.
• The Chattanooga Heart Institute: A large private cardiology specialty practice in the Southeast delivering comprehensive cardiovascular care across subspecialties — comparable to Cardiology Associates in size, regional presence, and multi-specialty service model.

Others

• Cleerly, Inc. AI-enabled coronary plaque analysis vendor partnered with Cardiology Associates via the PARAMOUNT trial; adjacent to the practice rather than a competitor, but indicative of the technology partner ecosystem that supports modern cardiology practices.

Market position

Strengths1 record

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance5 records

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 Cardiology Associates