Cinov

What Cinov does

Cinov S.A. is a privately held outpatient medical radiology center founded in 2005 and headquartered in Yverdon-les-Bains, Canton of Vaud, Switzerland. The company provides the full spectrum of diagnostic imaging services — MRI (IRM), CT, mammography, ultrasound, conventional X-ray, and specialized procedures including arthrography, barium studies, urography, and defecography — as well as nuclear medicine. Its imaging fleet comprises latest-generation vendor equipment: a Philips Ingenia 3T MRI, a Toshiba Aquilion Prime 80-detector CT scanner with dose-reduction technology, a Hologic Selenia Dimensions digital mammography system with 3D tomosynthesis, a Philips iU22 ultrasound, and a Philips DuoDiagnostic digital radiography/fluoroscopy unit. The center was built in repurposed Paillard and Hermes factory buildings and is staffed by 27 collaborators including radiologists, technicians, and administrative personnel.

Cinov operates on a prescription-only, appointment-based outpatient model requiring a signed radiology order from a treating physician. Patient acquisition is driven by referrals from general practitioners and specialists in northern Vaud, with results delivered through a secure online portal (Xplore/RIS, launched February 2024). The company bills all services at the mandatory Swiss health insurance (LAMal) base tariff, does not require supplementary insurance, and holds cantonal accreditation from the Fondation cantonale pour le dépistage du cancer du sein in Epalinges to perform both diagnostic and screening mammography. The center performs approximately 13,000 examinations annually and operates Monday through Friday 8h00–18h00 from a single ground-floor site near the Yverdon-les-Bains train station with free parking and wheelchair access. Revenue is not publicly disclosed and no funding rounds, acquisitions, or geographic expansions have been recorded since founding.

The business is a stable, single-site ambulatory radiology practice with no parent company, no institutional investors, and no identified expansion plans. Competitive positioning rests on modern imaging equipment, LAMal-rate pricing parity, cantonal screening accreditation, and convenient regional accessibility. The company is led by co-founder and radiologist Dr. Benoit Richoz alongside a team of FMH-certified radiologists and a chief radiology technician, with ownership concentrated among founders and private investors consistent with the typical Swiss independent radiology practice model.

Name

Cinov

Legal name

Cinov S.A.

Website

https://cinov.ch

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Cinov S.A. is an outpatient medical radiology center in Yverdon-les-Bains, Switzerland, providing MRI, CT, mammography, ultrasound, and X-ray diagnostics to ~13,000 patients per year, billed through mandatory Swiss health insurance (LAMal) and operated by 27 staff.

Ownership category

akta.pro rank

Product category

Outpatient Diagnostic Imaging

NAICS

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

SIC

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

akta.pro primary industry

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

akta.pro secondary industry

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

Keywords

• Diagnostic imaging services
• Outpatient medical radiology
• MRI imaging center
• Mammography screening
• Medical ultrasound services

Headquarters

HQ city

Yverdon

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Medical Imaging Services: Outpatient radiology services billed through mandatory Swiss health insurance (LAMal). All examinations performed at basic insurance rates without requiring supplementary insurance coverage. Services include MRI, CT, mammography, ultrasound, and conventional X-ray examinations.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Cinov operates a fully digitized outpatient medical radiology center providing MRI, CT scanning, mammography, ultrasound, conventional X-ray, nuclear medicine, and special imaging examinations. All services are delivered at the base rate of Swiss mandatory health insurance (LAMal) without requiring supplementary insurance, on a prescription-required, appointment-only basis at its single site in Yverdon-les-Bains.

Product overview

Cinov is a fully digitized outpatient medical imaging center offering a comprehensive range of radiology services. The portfolio consists of five core diagnostic imaging services: MRI (IRM), CT Scanner, Mammography, Ultrasound, and Conventional X-ray radiography. The center also provides specialized imaging procedures including nuclear medicine, arthrography, barium transit, barium enema, intravenous urography (UIV), and defecography. All examinations are performed at mandatory basic health insurance rates. The center was established in 2005 by Dr. Benoit Richoz and M. Jacques Fiaux, and serves approximately 13,000 examinations per year.

Differentiator

Problem solved

Functional benefit

Products and services

• MRI (IRM - Magnetic Resonance Imaging) MRI imaging service using hydrogen proton reactions under a magnetic field, offering whole-body and segmental studies (neurological, spinal, musculoskeletal, pelvic) without ionizing radiation, performed on a Philips Ingenia 3T system. For adult patients referred by physicians in northern Vaud.
• CT Scanner (Tomodensitometry) CT scanner service using X-rays to produce cross-sectional body images, equipped with 80 detectors of 0.5 mm resolution and a dose reduction system, particularly effective for abdomen and chest imaging. Performed on a Toshiba Aquilion Prime scanner for referred adult patients.
• Mammography X-ray mammography service for diagnosis and follow-up of breast conditions in women and men, featuring direct digital imaging with 3D tomosynthesis for enhanced diagnostic precision and minimal radiation dose. Performed on a Hologic Selenia Dimensions system, accredited for both diagnostic and cantonal breast cancer screening examinations.
• Ultrasound / Echography (Ultrason) Non-invasive ultrasound/sonography service using ultrasonic waves to image organs and structures of the abdomen (liver, spleen, kidneys, breasts), pelvis (genital organs, bladder), musculoskeletal joints, and vessels (arteries and veins), performed on a Philips iU22 system. Examination lasts 15-30 minutes.
• Conventional Radiology (X-ray and Special Examinations) Conventional X-ray radiology for bone and internal structure imaging using digital radiography with phosphor plates, performed on a Philips DuoDiagnostic system. Includes special examinations such as arthrography, barium transit, barium enema, intravenous urography, and defecography.

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Fondation cantonale pour le dépistage du cancer du sein (Epalinges)coreStrategic or Co-development PartnerCinov is accredited by the cantonal foundation for breast cancer screening located in Epalinges. Both diagnostic and screening mammography examinations are performed under this accreditation, with TRM technicians and radiologists meeting foundation certification standards.

Scale indicators4 records

Recent moves5 records

Expansion highlights2 records

Broad incumbents

• Hirslanden: Switzerland's largest private hospital group, operating inpatient and outpatient radiology across multiple cantons including Vaud. Competes for the same referring physicians and patients in the Vaud region through broader hospital-based imaging services.
• Synlab: European diagnostics leader with imaging-adjacent services and a Swiss presence. Comparable as a scaled outpatient diagnostics operator, though with a heavier laboratory tilt than Cinov's pure radiology focus.
• Unilabs: Large European diagnostics group operating imaging and laboratory services across Switzerland and the continent. Comparable as a multi-modality outpatient imaging provider with a Swiss footprint, though much larger and more diversified.
• Affidea: Pan-European outpatient diagnostic imaging operator with hundreds of centers across multiple countries. Provides a comparable multi-modality (MRI/CT/ultrasound/X-ray) outpatient service model at much greater scale, representing the consolidator archetype.
• RadNet: Largest US outpatient imaging center operator, with a similar single-modality-outpatient-radiology business model (MRI/CT/mammography/ultrasound/X-ray on a referral-driven basis). Useful comp for the unit economics and scaling playbook of a multi-site outpatient radiology network.

Direct peers

• Ygare Radiologie: Referenced on Cinov's own website and historically linked via shared RIS/PACS results infrastructure for the Vaud region. Ygare operates a comparable outpatient radiology model and was the prior results portal provider for Cinov examinations before February 2024.
• Centre d'Imagerie Médicale de Lausanne (CIML): Outpatient medical imaging center in Lausanne serving the broader Vaud region. Directly comparable in service mix (MRI, CT, mammography, ultrasound, X-ray) and referral-based patient acquisition model, and a regional competitor for northern Vaud referrals.

Regional players

• Medbase: Swiss outpatient medical group with primary care, specialty services, and on-site radiology across multiple cantons. Comparable as a Swiss ambulatory provider integrating imaging into a multi-specialty care pathway, though at a national-network scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

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 Cinov