PACE Cardiology

What PACE Cardiology does

PACE Cardiology is a for-profit, private cardiac care provider founded in 2012 and headquartered in Newmarket, Canada. The firm delivers cardiac care, clinical diagnostics, and research services, with a service mix that includes echocardiography, ECG monitoring, and stress testing. It operates with a workforce of 51-100 employees and maintains a public web presence at pace-cardiology.com, though the scrape returned only limited corporate profile content.

The company's stated value proposition centers on integrated cardiac diagnostics delivered alongside ongoing patient care, suggesting a single-site or small-network specialty clinic model serving patients referred for cardiovascular workup and monitoring. The inclusion of "research" in its description indicates some participation in clinical research activity, which in a Canadian specialty practice context may include principal investigator roles for pharmaceutical or device trials; however, the source data does not disclose specific studies, sponsors, or research affiliations.

From a business model standpoint, no pricing, reimbursement, or revenue mechanics are disclosed in the available source material. As a Canadian healthcare provider, PACE Cardiology's revenue is presumed to derive primarily from fee-for-service billings to the Ontario Health Insurance Plan (OHIP) and potentially supplementary private payors or third-party insurer relationships, supplemented by any research grants or industry-sponsored trial fees. The source documents do not provide ownership structure, management team, funding history, customer composition, partnership relationships, technology stack, or operating geographies beyond the Newmarket base, materially limiting the precision of any further business-model assertions.

Name

PACE Cardiology

Website

https://pace-cardiology.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

51–100 employees

Short description

PACE Cardiology is a private Canadian cardiac care and diagnostics provider founded in 2012 and based in Newmarket, Ontario, offering echocardiography, ECG monitoring, stress testing, and clinical research services to cardiac patients.

Ownership category

akta.pro rank

Product category

Cardiology Services

NAICS

Offices of Physicians (except Mental Health Specialists) (621111), Outpatient Care Centers (6214)

SIC

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

akta.pro primary industry

Cardiac Diagnostic Centers (Echo/Stress Testing/Holter) (HLAFAKAE)

akta.pro secondary industries

General Cardiology (Consultative) (HLAKABAA), Ambulatory Cardiology Diagnostic & Procedure Centers (Non-hospital-based) (HLAFABAK)

Keywords

• Cardiac care services
• Echocardiography diagnostics
• ECG monitoring services
• Stress testing
• Cardiac health diagnostics

Headquarters

HQ city

Newmarket

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure

Core offering

PACE Cardiology provides outpatient cardiac care, clinical research, and health diagnostics services. Its core offerings include echocardiography, ECG monitoring, and stress testing delivered to patients seeking cardiovascular evaluation and treatment. The practice operates as a for-profit cardiology clinic founded in 2012 in Newmarket, Canada.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Direct peers

• True North Imaging: Ontario-based outpatient diagnostic imaging network offering cardiac and vascular imaging. Competes with PACE for community cardiology referrals and shares the multi-modality outpatient diagnostic model.
• KMH Cardiology & Diagnostic Centres: Canadian multi-site operator of outpatient cardiology diagnostics (echo, nuclear, stress, Holter) across Ontario. Directly comparable to PACE Cardiology in service mix, outpatient model, and Canadian specialty diagnostics positioning.

Emerging players

• CardioOne: US cardiology practice management platform partnering with independent cardiology groups to scale operations. Comparable business model of supporting independent cardiology practices, and a potential roll-up competitor to PACE.
• Heartbeat Health: US-based cardiology telehealth and remote diagnostics platform offering virtual consults, ECG/Holter interpretation, and care coordination. Comparable to PACE in core cardiology service offering but delivered through a digital-first model.

Broad incumbents

• Lifemark Health (Centric Health legacy): Large Canadian outpatient healthcare services network with diagnostic and cardiac rehabilitation capabilities. Represents the broader Canadian outpatient health services incumbent that competes for cardiology referral volume and physician talent.
• Cleveland Clinic Canada (Cardiology): Broad incumbent cardiology brand offering consultative and diagnostic cardiac services in Canada before closing its Toronto clinic. Represents the large established cardiology brand competing for the same premium Canadian patient segment.

Regional players

• Medcan Clinic: Toronto-based private preventive health and cardiology screening clinic. Comparable in offering executive cardiac screening, stress testing, and ECG to affluent Canadian patients on a private-pay basis.
• Southlake Regional Health Centre — Cardiology Program: The hospital-based cardiology service serving Newmarket and York Region. Directly competes with PACE for the same patient catchment via its outpatient cardiology clinics and diagnostic labs.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/pace_cardiology

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 PACE Cardiology