Cardiac Associates

What Cardiac Associates does

Cardiac Associates, P.C. is a private physician-owned cardiology group practice headquartered in Rockville, Maryland, operating across three office locations in Montgomery County (Rockville, Germantown, and White Oak/Silver Spring). The practice employs 11 cardiologists and 4 advanced practice providers (physician assistants and nurse practitioners), offering comprehensive cardiovascular care that spans non-invasive diagnostics (ECG, echocardiography, exercise and nuclear stress testing, Holter and event monitoring), invasive and interventional procedures (cardiac catheterization, percutaneous coronary stenting, pacemaker and defibrillator implantation, bi-ventricular pacing, and ablation therapies for atrial fibrillation, ventricular tachycardia, and WPW), peripheral vascular interventions (carotid stenting, endovascular arterial stenting, peripheral balloon angioplasty), and venous procedures (endovenous radiofrequency and laser ablation, microphlebectomy, ultrasound-guided sclerotherapy, spider vein treatment). The practice also operates specialty clinics in arrhythmia, heart failure, blood pressure management, anticoagulation, and pacemaker/defibrillator care, and runs a dedicated Venous Health Centers sub-brand with its own website and referral pipeline.

The business model is professional-services billing against insurance: the practice accepts all major commercial plans plus federal and state health insurance, collects copays at time of service, and bills deductibles by mail. Patients are acquired primarily through physician referrals (with faxed referral forms and direct phone scheduling) and word-of-mouth, supplemented by a static informational website with patient forms and educational content. Invasive and interventional procedures are performed at six affiliated hospitals across the region — Adventist HealthCare Shady Grove Medical Center, Adventist HealthCare White Oak Medical Center, Holy Cross Germantown Hospital, Holy Cross Hospital, Frederick Memorial Hospital, and Medstar Montgomery Medical Center — where several Cardiac Associates physicians hold Director-level clinical and administrative leadership positions. Telemedicine is offered for follow-up consultations.

The practice is positioning itself as a regional subspecialty hub rather than a primary-care access point. Its differentiator is the training pedigree of its physicians (Johns Hopkins, Georgetown, Cleveland Clinic, Duke, Emory, University of Pennsylvania) and its embedded relationships across the Montgomery County hospital system. Operating strictly on a regional scope with no disclosed expansion, M&A, or capital-event activity, Cardiac Associates is a mature, stable private practice with no AI/ML, no proprietary technology platform, and no ancillary digital revenue streams.

Name

Cardiac Associates

Legal name

Cardiac Associates, P.C.

Website

https://cardiacassociates.org

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Cardiac Associates, P.C. is a private physician-owned cardiology group practice in Montgomery County, Maryland, with 11 cardiologists and 4 APPs across three offices, delivering comprehensive cardiovascular diagnostics, interventional procedures, and specialty clinics to adult patients in the region.

Ownership category

akta.pro rank

Headquarters

HQ city

Rockville

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Patient Visits and Consultations: Revenue generated from office consultations with cardiologists and nurse practitioners. The practice accepts all major commercial insurance plans as well as federal and state health insurance plans. Patients pay copays at time of service, and deductible amounts are billed via mail.
2. Cardiac Diagnostic Procedures: Revenue from diagnostic tests including ECG/EKG, echocardiography, stress tests, nuclear stress tests, Holter monitoring, and event monitoring performed at the office.
3. Invasive and Interventional Procedures: Revenue from invasive cardiac procedures including cardiac catheterization, percutaneous coronary stenting, pacemaker/defibrillator implantation, and ablation procedures performed at affiliated hospitals.
4. Peripheral Vascular and Venous Procedures: Revenue from peripheral vascular interventions and venous procedures including endovenous ablation, laser treatment, microphlebectomy, and sclerotherapy.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

A private cardiology group practice providing comprehensive cardiovascular care including invasive cardiac procedures (cardiac catheterization, percutaneous coronary stenting, pacemaker/defibrillator implantation, and arrhythmia ablation), peripheral vascular interventions (carotid stenting, endovascular arterial stenting, peripheral balloon angioplasty), venous procedures (endovenous ablation, sclerotherapy, microphlebectomy), non-invasive diagnostic testing (ECG/EKG, echocardiography, stress tests, Holter and event monitoring), specialty clinics for arrhythmias, heart failure, blood pressure, and anticoagulation management, plus telemedicine consultations across three office locations in Montgomery County, Maryland.

Product overview

Cardiac Associates is a cardiovascular medical practice offering a comprehensive range of cardiac care services through multiple specialties. The practice operates invasive cardiac procedures (catheterization, stenting, pacemakers, ablations), peripheral vascular interventions, and non-invasive diagnostic testing (ECG, echocardiography, stress tests, monitoring). The Venous Health Centers sub-brand provides dedicated vein treatment services. Specialty clinics address arrhythmias, heart failure, blood pressure, and anticoagulation management. Telemedicine services enable remote patient consultations.

Differentiator

Problem solved

Functional benefit

Products and services

• Invasive Cardiac Procedures Interventional cardiology procedures including cardiac catheterization, percutaneous coronary stenting (PCI), pacemaker and defibrillator implantation, biventricular pacing, and ablation therapies for atrial fibrillation/flutter, ventricular tachycardia, WPW, and loop recorder implants.
• Peripheral Vascular Procedures Vascular interventions including carotid stenting, percutaneous endovascular arterial stenting, and peripheral balloon angioplasty for patients with peripheral artery disease.
• Venous Procedures Minimally invasive vein treatments including endovenous radiofrequency ablation, endovenous laser treatment, microphlebectomy, ultrasound-guided sclerotherapy, and spider vein treatment.
• Non-Invasive Diagnostic Procedures Diagnostic cardiac testing including ECG/EKG, echocardiography, exercise treadmill test, exercise stress echocardiogram, exercise and pharmacological nuclear stress tests, dobutamine stress echo, Holter monitoring, and event monitoring.
• Specialty Clinics Specialized clinical programs including Arrhythmia Clinic, Heart Failure Management, Blood Pressure Management, Anticoagulation Clinic, and Pacemaker/Defibrillator Clinic for ongoing chronic cardiovascular care.
• Venous Health Centers Dedicated vein treatment center operated as a sub-brand with its own referral form and website (venoushealthcenters.com), offering comprehensive venous disease evaluation and treatment.
• Telemedicine Services Virtual visit capabilities enabling patients to receive cardiac consultations and follow-up care remotely for appropriate visit types.

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

Partnerships

Six partnerships are on record, tiered core and minor.

• Adventist HealthCare Shady Grove Medical CentercoreOthersPrimary affiliated hospital where several Cardiac Associates physicians serve in leadership roles including Director of Cardiac Catheterization Laboratory, Medical Director of Inpatient Cardiac Services, and Director of Research.
• Adventist HealthCare White Oak Medical CentercoreOthersAffiliated hospital in Silver Spring, Maryland offering cardiac care services to patients in the White Oak area.
• Holy Cross Germantown HospitalcoreOthersAffiliated hospital in Germantown, Maryland. Dr. Michael S. Chen served as Chair of Internal Medicine and member of Medical Executive Committee at this facility from 2014-2016. Several physicians are founding members of the medical staff.
• Holy Cross HospitalcoreOthersAffiliated hospital in Silver Spring where Dr. Rajeev Patel serves as Director of Interventional Cardiology and Cardiac Catheterization Laboratory.
• Frederick Memorial HospitalminorOthersAffiliated hospital providing cardiac care services to patients in Frederick, Maryland area.
• Medstar Montgomery Medical CenterminorOthersAffiliated hospital providing cardiac care services to patients in the Montgomery County area.

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• MedStar Heart & Vascular Institute: Large hospital-owned cardiology and cardiovascular surgery program within the MedStar Health system, operating across the DC/Maryland region including Medstar Montgomery Medical Center where Cardiac Associates has privileges. Comparable as an integrated system offering the full cardiology continuum but as a much larger, employed-physician model.
• Adventist HealthCare Heart & Vascular Services: Hospital-system cardiology service line across Adventist HealthCare Shady Grove and White Oak Medical Centers, where Cardiac Associates physicians hold leadership roles. Comparable as a broad incumbent cardiology provider in the same Montgomery County service area, though operating under an employed-physician model.
• Cleveland Clinic Heart, Vascular & Thoracic Institute: National academic cardiology powerhouse where several Cardiac Associates physicians trained. Comparable as a top-tier cardiology brand that influences patient referral decisions and talent flows in the Mid-Atlantic market, but at a fundamentally different (academic, employed) scale.
• Johns Hopkins Heart and Vascular Institute: Academic medical center cardiology program at Johns Hopkins in Baltimore, drawing complex cases from across Maryland including Montgomery County. Comparable as a regional cardiology incumbent offering the full subspecialty spectrum, but at academic-medical-center scale.

Direct peers

• Washington Cardiovascular Institute: Private cardiology group in the DC/Maryland region offering interventional, structural, peripheral vascular, and venous procedures with multi-hospital coverage. Direct peer due to overlapping metropolitan geography, similar procedural mix, and private-practice structure.
• Cardiology Associates of Frederick: Private cardiology group in Frederick, Maryland offering diagnostic, interventional, and EP services with hospital affiliations in the same western-Montgomery / Frederick corridor that Cardiac Associates serves. Comparable as a regional private cardiology peer.
• Capital Cardiology Associates: Private multi-specialty cardiology group in the DC metro area providing invasive and non-invasive cardiology, electrophysiology, and vascular services. Direct peer due to overlapping geography, similar service breadth, and private-practice physician-owned structure.
• Cardiovascular Associates of Northern Virginia: Multi-physician private cardiology practice serving Northern Virginia with a similar mix of consultative, diagnostic, and interventional cardiology services. Comparable as a regional private cardiology group with multiple office locations and hospital affiliations.
• Virginia Heart: Large private cardiology group in Northern Virginia offering comprehensive cardiovascular services (invasive, non-invasive, EP, vascular, venous) across multiple office locations and hospital systems. Highly comparable in structure, service mix, scale, and referral-driven GTM to Cardiac Associates in the adjacent Mid-Atlantic market.

Regional players

• Holy Cross Health Cardiovascular Services: Cardiology service line at Holy Cross Hospital and Holy Cross Germantown Hospital, both core affiliated sites for Cardiac Associates. Comparable as a regional inpatient cardiology provider in the same Montgomery County market, but operating primarily as a hospital-based program.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cardiac-associates-p.c.

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Cardiac Associates