RAD-x
RAD-x is a Mannheim-based pan-European operator that acquires, integrates, and manages diagnostic imaging, nuclear medicine, and rheumatology practices across Germany, Switzerland, and France. It serves practice owners seeking succession while operating 17+ integrated MVZ and imaging center locations plus a teleradiology platform.
- Company typePrivate
- Founded2016
- HeadquartersMannheim, Germany
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What RAD-x does
RAD-x is a Mannheim-based, pan-European operator of diagnostic imaging and nuclear medicine practices, founded in 2016. The company acquires and integrates independent radiology and nuclear medicine practices whose owners are seeking succession or partnership, operating them under a group network while preserving local brand identity. RAD-x controls 17+ wholly-owned practice subsidiaries — primarily MVZ structures in Germany (Elmshorn, Ansbach, Lahnstein, Bonn, Pfaffenhofen, Munich-Ost, Hofheim, Neustadt, Zweibrücken, Albstadt), imaging centers in Switzerland (Geneva, Chablais) and France (Rive Gauche/Droite, CIM du Chablais), a national teleradiology platform (TelradKo), an in-house IT services subsidiary (RAD-x Solutions GmbH), and adjacent specialty centers in rheumatology. The group reports 251-500 employees and operates from Am Victoria-Turm 2, 68163 Mannheim.
RAD-x's core technology stack comprises MRI, CT, X-ray, and nuclear medicine diagnostic imaging equipment, supported by PACS and RIS systems for imaging and radiology workflow management, plus digital practice management systems maintained through the RAD-x Solutions subsidiary. The company follows an enterprise field sales motion targeting radiology practice owners, with a structured 5-step acquisition process — confidential discussions, indicative offer, letter of intent, due diligence and purchase contract, and closing — supplemented by referrals from existing partners and professional networks within the radiology community. Services are delivered directly to patients at physical practice locations and via TelradKo's remote interpretation channel.
RAD-x generates revenue as a managed-services operator of healthcare facilities, with billing routed through statutory health insurance frameworks — GKV in Germany, CSS/Lamal in Switzerland, and Assurance Maladie in France — rather than direct patient pricing. The company is privately held under a three-pillar ownership structure comprising selling or investing radiologists, healthcare-experienced management, and financial sponsors committed to long-term value creation. It is led by Co-CEOs Arthur Vogt and Fabian Groß, alongside an executive team including François Carle (Chief Strategy and Corporate Counsel) and Martin Hardens. RAD-x is a member of BBMV, the German equipment leasing industry association.
RAD-x firmographics
Firmographics- Name
- RAD-x
- Legal name
- RAD-x Management GmbH
- Website
- https://rad-x.eu
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- RAD-x is a Mannheim-based pan-European operator that acquires, integrates, and manages diagnostic imaging, nuclear medicine, and rheumatology practices across Germany, Switzerland, and France. It serves practice owners seeking succession while operating 17+ integrated MVZ and imaging center locations plus a teleradiology platform.
- Ownership category
- akta.pro rank
RAD-x industry classification
Industry- Product category
- Diagnostic Imaging Services
- NAICS
- Diagnostic Imaging Centers (621512)
- SIC
- Services-Health Services (8000)
- akta.pro primary industry
- Advanced Imaging & Specialty Radiology Centers (PET/CT, Nuclear Medicine, Interventional Radiology) (HLAFAKAB)
- akta.pro secondary industries
- Radiology Imaging Centers (X-ray/CT/MRI/Ultrasound) (HLAFAKAA), Nuclear Medicine Clinical Services & Therapy Centers (HLAIAGAI)
Keywords
Where RAD-x is headquartered
LocationHeadquarters
- HQ city
- Mannheim
- HQ country
- Germany
- HQ region
- Europe
Offices10 records
Markets served
RAD-x business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Diagnostic imaging services: Revenue generated from operating radiology and nuclear medicine practices across Europe. Services are billed through public health insurance systems (GKV in Germany, CSS/Lamal in Switzerland, Assurance Maladie in France). The company acquires existing practices, integrates them into the network, and operates them under the RAD-x umbrella while maintaining local brand identity.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
RAD-x product offering
Product offeringCore offering
RAD-x acquires, integrates, and operates radiology and nuclear medicine diagnostic imaging practices across Europe, providing MRI, CT, X-ray, and nuclear medicine imaging services to patients. Beyond patient-facing diagnostics, the company offers succession and partnership solutions to radiologist practice owners, taking over practices while allowing sellers to remain actively involved in management for at least three years post-acquisition. It also delivers professional practice management, administrative support, equipment procurement financing, and teleradiology capabilities through its TelradKo subsidiary.
Product overview
RAD-x is a pan-European diagnostic imaging operator network that operates radiology and nuclear medicine practices. The company provides diagnostic imaging services as its core offering, complemented by practice succession solutions for retiring radiologists, professional practice management services, and teleradiology capabilities through its TelradKo subsidiary. The network includes numerous partner practices across Germany and Switzerland, offering radiology services including MRI, CT, X-ray, and mammography diagnostics. RAD-x focuses on integrating existing practices, supporting their operational and financial growth, and facilitating long-term development of regional practice clusters.
Differentiator
Problem solved
Functional benefit
Brands
- TelradKo: One of the largest providers of teleradiology in Germany, an active part of the RAD-x group.
Products and services
- Diagnostic Imaging Services
- Practice Succession Solutions
- Practice Management Services
- Teleradiology Services
Quantifiable outcome
- RAD-x enabled practice expansion in Geneva market by moving to larger premises and investing in state-of-the-art imaging equipment, leading to improved medical care quality for patients
Companies that use RAD-x
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles2 records
RAD-x technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
RAD-x partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- TelradKocoreOne of the largest teleradiology providers in Germany, operating as a prominent part of the RAD-x group. Founder Andreas Heykes serves as medical director and co-owner, continuing to drive development and support of radiology diagnostics.
- BBMV (Bundesverband Betriebsmittelvermittlung)minorRAD-x is a member of BBMV (Bundesverband BETRIEBSMITTELVERMIETUNG e.V.), a German industry association for equipment leasing and rental.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
RAD-x competitors and assessment
Company assessmentDirect peers
- Affidea: Pan-European diagnostic imaging and outpatient cancer care operator with hundreds of centers across 15+ countries; operates a similar multi-modality (MRI/CT/PET/X-ray) acquisition-led model to RAD-x, making it the closest like-for-like European peer.
- Evidia: EQT-backed European radiology operator headquartered in Germany with practices across Germany, Switzerland, and the Nordics; competes head-to-head with RAD-x for succession-driven acquisitions of independent radiology practices in DACH.
- Medicover: European healthcare and diagnostics operator active in Germany, Poland, Romania, and elsewhere with significant diagnostic imaging revenue; comparable in combining multi-country imaging networks with adjacent specialty services.
- Conradia: Germany-focused MVZ radiology operator with multiple practice locations offering MRI, CT, and conventional imaging; competes directly with RAD-x for the same German practice-owner succession pool.
- bluu Group: German radiology chain operating a network of partner practices providing MRI, CT, and teleradiology services; highly comparable business model with regional cluster strategy similar to RAD-x's.
Broad incumbents
- Unilabs: Large European diagnostic services provider covering medical imaging, laboratory, and pathology across 15+ countries; broader portfolio than RAD-x but overlapping significantly in imaging service delivery to public-pay systems.
- Synlab: Pan-European leader in medical diagnostics with a strong laboratory focus and growing imaging presence; competes for the same outpatient diagnostic services budgets across Germany, Switzerland, and France.
Regional players
- InHealth Group: UK-based provider of diagnostic and imaging services including MRI, CT, and teleradiology; comparable operating model but primarily serves the UK rather than Continental Europe.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
RAD-x social profiles
Digital presenceRAD-x financial estimates
Financial estimateRevenue estimate
Valuation estimate
RAD-x leadership team
Management profileNumber of profiles
Profiles5 records
RAD-x subsidiaries and ownership
Company hierarchySubsidiaries18 records
RAD-x funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RAD-x M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RAD-x
What does RAD-x do?
RAD-x acquires, integrates, and operates radiology and nuclear medicine diagnostic imaging practices across Europe, providing MRI, CT, X-ray, and nuclear medicine imaging services to patients. Beyond patient-facing diagnostics, the company offers succession and partnership solutions to radiologist practice owners, taking over practices while allowing sellers to remain actively involved in management for at least three years post-acquisition. It also delivers professional practice management, administrative support, equipment procurement financing, and teleradiology capabilities through its TelradKo subsidiary.
Is RAD-x a public or private company?
RAD-x is a private company. It is classified as private equity controlled and is currently operating.
When was RAD-x founded?
RAD-x was founded in 2016. It employs 251 to 500 people.
Where is RAD-x based?
RAD-x is headquartered in Mannheim, Germany, in the Europe region.
How does RAD-x make money?
One revenue line is on record: diagnostic imaging services.
Who are RAD-x's main competitors?
Direct peers on record are Affidea, Evidia, Medicover, Conradia and bluu Group. Broad incumbents are Unilabs and Synlab. InHealth Group is listed as a regional player.
Does RAD-x have an API?
No public API is recorded for RAD-x.
What industry is RAD-x in?
RAD-x's product category is Diagnostic Imaging Services. Its primary akta.pro industry code is HLAFAKAB, Advanced Imaging & Specialty Radiology Centers (PET/CT, Nuclear Medicine, Interventional Radiology), with a secondary code of HLAFAKAA, Radiology Imaging Centers (X-ray/CT/MRI/Ultrasound). Its NAICS code is 621512 and its SIC code is 8000.