Radiology Associates of the Fox Valley

What Radiology Associates of the Fox Valley does

Radiology Associates of the Fox Valley, S.C. (RAFV) is a Wisconsin-based subspecialized radiology practice headquartered in Neenah, WI. The practice employs nearly 35 physicians and advanced practice providers and delivers 24/7 diagnostic interpretation and vascular/interventional radiology services across 10 hospital and clinical care sites spanning Sturgeon Bay to Waupaca to Waupun. Its service mix spans body imaging, breast/women's imaging, emergency radiology, musculoskeletal imaging, neurointerventional surgery, neuroradiology, vascular/stroke neurology, and vascular and interventional radiology, with named customers including ThedaCare, Ascension Wisconsin, SSM Health, Door County Medical Center, and Southwest Health.

RAFV is a flagship practice within LucidHealth, a national, PE-backed operator of community-based radiology practices with 300+ radiologists. RAFV was the first LucidHealth practice to deploy Rad AI Omni Impressions (generative AI for radiology report impressions) and is an early adopter of NewVue's EmpowerSuite Workflow Orchestrator and Quinsite's analytics platform. These technologies are layered on top of the practice's subspecialized clinical operations and are part of a broader LucidWisconsin coalition (Beloit Radiology, Green Bay Radiology, Madison Radiologists, plus RAFV) that collectively operates as the largest radiology entity in Wisconsin, covering 70+ hospitals and care sites across 150+ miles.

The business model is B2B professional services: RAFV contracts with hospitals, health systems, and urgent care facilities to provide interpretation and interventional coverage, with billing routed through partner facilities and patient insurance. Go-to-market is enterprise field sales via parent-channel partnerships, supplemented by digital presence (LinkedIn, website/blog, news/PR). Revenue mechanics are recurring service contracts rather than transactional sales, and the practice relies on LucidHealth's centralized technology, operational, and leadership infrastructure for AI tooling, analytics, and executive functions (CEO Steve Corbeil, CMO Mark Alfonso, MD, Regional VP Dan Howell).

Name

Radiology Associates of the Fox Valley

Legal name

Radiology Associates of the Fox Valley, S.C.

Website

https://foxvalleyradiology.com

Company type

Private

Founded year

1939

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Diagnostic Radiology Physician Services

NAICS

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

SIC

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

akta.pro primary industry

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

akta.pro secondary industries

Advanced Imaging & Specialty Radiology Centers (PET/CT, Nuclear Medicine, Interventional Radiology) (HLAFAKAB), Teleradiology Platforms & Reading Workflow (HLACALAK)

Keywords

• Diagnostic radiology services
• Subspecialized radiology interpretations
• Vascular interventional radiology
• Hospital radiology staffing
• Imaging physician services

Headquarters

HQ city

Neenah

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Radiology Services: Professional radiology interpretation and diagnostic imaging services billed to hospitals, health systems, and patients through insurance. Services include diagnostic interpretations, vascular and interventional radiology treatments across multiple subspecialties.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Radiology Associates of the Fox Valley, S.C. is a physician radiology group that provides subspecialty diagnostic radiology interpretations (across multiple organ-system domains such as neuroradiology, musculoskeletal, body, breast and pediatrics) along with vascular and interventional radiology procedures. The practice delivers these professional radiology services under contract to hospitals, health systems and referring providers in the Wisconsin Fox Valley region.

Product overview

Radiology Associates of the Fox Valley operates as a radiology services practice offering a unified portfolio of subspecialized diagnostic interpretations and vascular/interventional radiology treatments. The core offering consists of subspecialized radiology services (body imaging, breast/women's imaging, emergency radiology, general imaging, musculoskeletal imaging, neurointerventional surgery, neuroradiology, vascular/stroke neurology, and vascular & interventional radiology) delivered through a 24/7 coverage model. The practice is enhanced by AI-powered tools including Rad AI Omni Impressions for automated radiology report generation, NewVue EmpowerSuite for workflow orchestration, and Quinsite for integrated healthcare analytics—all integrated into the operational infrastructure to improve radiologist productivity and patient care outcomes.

Differentiator

Problem solved

Functional benefit

Products and services

• Subspecialty Diagnostic Radiology Interpretations

Quantifiable outcome

• Market leader reputation in the Fox Valley region for radiology services
• +1 more outcomes

Named customers5 records

Segments4 records

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 capability2 records

Feature3 records

Partnerships

Four partnerships are on record, tiered core, major and flagship.

• NewVuecoreTechnology or Integration · 1 March 2025LucidHealth partnered with NewVue to implement the EmpowerSuite Workflow Orchestrator platform to unify radiology workflows across growing markets. The platform enhances patient care by streamlining operations and improving radiologist productivity through AI-driven data normalization. Implementation began with LucidHealth's Wisconsin-based operations in early 2025.
• QuinsitemajorTechnology or Integration · 1 March 2024LucidHealth partnered with Quinsite to deploy their Comprehensive Healthcare Analytics Platform to track productivity, optimize resources, improve quality, boost revenue, and create operational efficiencies. The platform integrates and analyzes data from clinical, financial, and operational systems. Deployment across the network with over 320 radiologists utilizing the system by end of 2024.
• Rad AIcoreTechnology or Integration · 1 January 2024LucidHealth partnered with Rad AI to provide access to Rad AI Omni Impressions, an AI radiology solution that automatically generates customized radiology report impressions from findings dictated by the radiologist. Radiology Associates of the Fox Valley was the first practice within LucidHealth to pilot and implement this solution. The technology learns each radiologist's language and style preferences to create impressions that the radiologist can review and finalize, improving report quality and efficiency while reducing burnout.
• LucidHealthflagshipStrategic or Co-development PartnerRadiology Associates of the Fox Valley is a LucidHealth practice. LucidHealth is a national leader in community-based radiology services with a broad network of radiology practices. The practice collaborates with other Wisconsin practices (Beloit Radiology, Green Bay Radiology, Madison Radiologists) to form LucidWisconsin, the largest radiology entity in Wisconsin. LucidHealth provides proprietary AI-driven technology, subspecialized services, and a clinically integrated network of practices.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• vRad (Virtual Radiologic): Large teleradiology practice providing remote diagnostic interpretation services to hospitals and imaging centers nationwide. Comparable as a subspecialized radiology services provider serving enterprise hospital customers with 24/7 coverage.
• Foundation Radiology Group: Subspecialized radiology services practice providing remote and onsite diagnostic interpretations to community hospitals and health systems. Comparable as a hospital-focused subspecialized radiology services provider serving regional markets.
• Radiology Partners: Largest physician-owned and led radiology practice in the United States, backed by private equity, operating across all 50 states with thousands of radiologists. Directly comparable as a PE-backed national radiology services group competing for the same hospital contracts and employing the same subspecialty delivery model.
• SimonMed Imaging: One of the largest outpatient medical imaging providers in the United States offering diagnostic and interventional radiology services. Comparable in offering a broad spectrum of subspecialized diagnostic imaging interpretation services to patients and providers.
• Akumin: National outpatient imaging services company operating fixed-site diagnostic imaging centers and providing radiology services to hospitals. Comparable as a multi-modality diagnostic imaging services provider serving hospitals and referring physicians.
• US Radiology Specialists: PE-backed national radiology partnership serving hospitals and health systems with subspecialized diagnostic and interventional radiology services. Closely comparable in business model, customer base (hospitals/health systems), and growth strategy via practice roll-ups.
• Center for Diagnostic Imaging (CDI): Outpatient imaging network providing diagnostic imaging and interventional radiology services across multiple states, now operating under the RadNet brand. Comparable as a multi-site subspecialized diagnostic imaging services provider.

Broad incumbents

• Envision Healthcare: Large national physician services group with radiology as one of several specialty service lines alongside emergency medicine and anesthesiology. Comparable as an enterprise-scale outsourced physician services provider to hospitals.
• MEDNAX: National physician services organization providing radiology, neonatology, and other specialty physician services to hospitals. Comparable as a multi-specialty outsourced physician services group serving enterprise healthcare customers.

Regional players

• Charlotte Radiology: Large subspecialized regional radiology practice serving hospitals, outpatient centers, and physician practices across the Carolinas. Comparable as a subspecialized community-based radiology practice operating in a defined regional market under a similar multi-modality delivery model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/lhradiology
• LinkedInlinkedin.com/company/radiology-associates-of-the-fox-valley-sc

Revenue estimate

Valuation estimate

Number of profiles

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 of the Fox Valley