Tristate Imaging Group

What Tristate Imaging Group does

Tristate Imaging Group is a regional diagnostic imaging services company headquartered in Jenkintown, Pennsylvania, operating in the United States since 1997. With 30 employees, it is a small-scale operator serving the Tri-state area (Pennsylvania, New Jersey, and Delaware). As a regional imaging services provider, the company likely offers diagnostic imaging procedures — such as X-ray, ultrasound, and potentially MRI or CT — to patients referred by local physicians and healthcare providers, generating fee-for-service revenue per procedure billed through insurance and patient payors.

The company's business model follows the standard outpatient diagnostic imaging center framework: serving patients referred by physician practices, operating imaging equipment, producing diagnostic results interpreted by radiologists, and billing insurance carriers or patients for the imaging services rendered. Its 25+ year operating history in the Jenkintown/Philadelphia market suggests an established referral network with regional physicians and healthcare systems, though the firmographic data does not disclose specific modalities offered, equipment inventory, customer count, or revenue figures.

The available input data does not provide detailed information on Tristate Imaging Group's specific technology stack, modality mix, customer base, partnerships, or financial performance beyond the firmographic basics. The broader product and partnership data aggregated in the source material pertains to Akumin (NYSE: AKUM), a much larger national imaging operator, and does not appear to directly describe Tristate Imaging Group's operations. As such, the analytical depth for Tristate Imaging Group is necessarily constrained by the limited data provided.

Name

Tristate Imaging Group

Legal name

Akumin Inc.

Website

https://tristateimaging.com

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Tristate Imaging Group is a regional diagnostic imaging services provider founded in 1997 in Jenkintown, Pennsylvania, operating with 30 employees to serve patients and referring physicians in the Tri-state area through outpatient imaging procedures.

Ownership category

akta.pro rank

Product category

Diagnostic Imaging Services

NAICS

Diagnostic Imaging Centers (621512)

SIC

Services-Specialty Outpatient Facilities, Nec (8093)

akta.pro primary industry

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

akta.pro secondary industry

Mobile Imaging Services (HLAFAKAC)

Keywords

• Outpatient diagnostic imaging
• Radiation therapy services
• Mobile imaging fleet
• Radiology partner solutions
• Imaging center operations

Headquarters

HQ city

Tampa

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Partner Solutions / B2B Imaging Services: Revenue from hospitals, health systems, and physician groups through joint ventures, managed services, interim and mobile solutions, oncology services, and urology solutions. Payments from partner institutions for diagnostic imaging and radiation therapy services delivered at owned/managed outpatient centers or via mobile fleet.
2. Radiology Procedures: Fee-for-service revenue from diagnostic imaging procedures including MRI, PET/CT, CT, X-ray, Nuclear Medicine, DEXA, and 3D Mammography performed at outpatient imaging centers for patients referred by physicians.
3. Oncology Treatment: Revenue from radiation therapy and oncology services delivered at outpatient oncology treatment locations, including LINAC-based radiation therapy.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Tristate Imaging Group delivers outpatient diagnostic imaging and radiation therapy services through a national network of 100+ fixed-site outpatient imaging centers, the nation's largest mobile imaging fleet, and Akumin AXIS relocatable clinics. The company partners with 800+ hospitals, health systems, and physician groups to provide advanced imaging modalities including MRI, PET/CT, CT, X-ray, 3D mammography, ultrasound, nuclear medicine, DEXA, and LINAC-based radiation therapy. Patient access is supported through direct self-scheduling, walk-in availability, a HIPAA-compliant patient portal, and online bill payment.

Product overview

Akumin is a comprehensive outpatient radiology and oncology services company offering a unified portfolio of diagnostic imaging and radiation therapy solutions through three delivery channels: a network of 100+ fixed-site outpatient imaging centers nationwide, the nation's largest mobile imaging fleet, and Akumin AXIS relocatable clinics. The product portfolio spans advanced imaging modalities including MRI (wide-bore, open, and upright variants), PET/CT (including PSMA PET/CT for prostate cancer), CT scanning, digital X-ray, 3D mammography, ultrasound, nuclear medicine, DEXA, and cardiac imaging (EKG, echocardiography, cardiac MRI, cardiac PET, cardiac CT, and calcium scoring). Akumin AXIS product line includes PET/CT, 1.5T MRI, LINAC radiation therapy, and Drop Trailer relocatable solutions. The company delivers partner solutions including joint ventures, managed services, interim/mobile solutions, oncology services, and urology solutions, serving over 800 hospitals, health systems, and physician groups through a national network of owned and/or managed outpatient centers.

Differentiator

Problem solved

Functional benefit

Brands

• Akumin AXIS: Relocatable clinic solution offering PET/CT, MRI, and LINAC radiation therapy services that can be deployed flexibly to support clinical programs and patient volumes.

Products and services

• PET/CT Imaging Combined Positron Emission Tomography and Computed Tomography in a single seamless exam, providing three-dimensional images that show both metabolic activity and precise anatomical location of abnormalities for diagnosing and staging disease.
• MRI (Magnetic Resonance Imaging) Diagnostic imaging using radio waves and a strong magnetic field to visualize internal organs and produce highly detailed images without ionizing radiation; available in wide-bore, open, and upright configurations across the network.
• CT Scan (Computed Tomography) Diagnostic imaging combining advanced X-ray technology with computer processing to generate detailed cross-sectional images of organs, bones, blood vessels, and soft tissues.
• Digital X-ray Medical imaging using electromagnetic radiation to capture detailed views of internal body structures, used to diagnose conditions ranging from broken bones to cancer.
• 3D Mammography (Breast Tomosynthesis) FDA-approved advanced breast imaging capturing multiple slices at various angles to generate thin 1mm computer-reconstructed images, reducing callback rates by 15-30% versus 2D mammography.
• Ultrasound Safe, versatile imaging test using high-frequency sound waves to create real-time pictures of internal organs and blood vessels without ionizing radiation.
• Radiation Therapy (LINAC) Outpatient LINAC-based radiation therapy delivered at oncology treatment locations for cancer treatment, supported by oncology partner solutions.
• Partner Solutions - Joint Ventures B2B partnership model blending strengths and resources with hospitals and health systems to create winning strategies in outpatient imaging and radiation therapy.
• Partner Solutions - Managed Services Comprehensive managed services and expert support to unburden healthcare teams from operational imaging responsibilities at partner hospitals and health systems.
• Partner Solutions - Interim & Mobile Solutions Flexible on-the-go imaging solutions providing agile and adaptable mobile and interim imaging services to partner hospitals and health systems.
• Partner Solutions - Oncology Services Comprehensive oncology and mobile radiation therapy solutions for cancer treatment delivered in partnership with hospitals and health systems.
• Partner Solutions - Urology Solutions Dedicated mobile PET/CT, MRI, radiopharmaceuticals, and staffing services for urology practices and programs.
• Akumin AXIS PET/CT Relocatable PET/CT imaging solution enabling hospitals and health systems to grow PET/CT services while supporting new clinical programs and higher patient volumes through mobile deployment.
• Akumin AXIS 1.5T MRI Clinic-grade MRI experience delivered through mobile deployment, offering the speed and flexibility of relocatable imaging services.
• Akumin AXIS LINAC Advanced radiation therapy delivered in a relocatable, patient-centered environment for cancer treatment.
• Akumin AXIS Drop Trailer Unique trailer design in the U.S. that lowers to ground level for seamless patient access to imaging and radiation therapy services.

Quantifiable outcome

• 30% lower risk of dying from breast cancer with routine 3D mammography screening
• +2 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Three partnerships are on record, tiered core.

• Hospitals (800+)coreStrategic or Co-development PartnerAkumin partners with over 800 hospitals and health systems to deliver advanced outpatient diagnostic imaging and radiation therapy through a national network of owned and/or managed outpatient centers, the nation's largest mobile imaging fleet, and Akumin AXIS relocatable clinics.
• Health Systems (800+)coreStrategic or Co-development PartnerStrategic partnerships with health systems for outpatient imaging and oncology services, including joint ventures, managed services, interim and mobile solutions, and Akumin AXIS deployments.
• Physician Groups (800+)coreChannel Partner/ Reseller/ DistributorPartnerships with over 800 physician groups for diagnostic imaging referrals, with interoperability/image exchange solutions enabling seamless information exchange and coordinated patient care.

Scale indicators4 records

Recent moves2 records

Expansion highlights3 records

Broad incumbents

• RadNet: The largest national outpatient imaging platform operating hundreds of fixed-site centers across the U.S. RadNet is the dominant independent competitor and an aggressive acquirer of regional groups like Tristate, with overlapping MRI, CT, mammography, and PET/CT offerings.
• Akumin: Public national outpatient imaging and radiation oncology operator with 100+ fixed centers, the largest U.S. mobile imaging fleet, and 800+ hospital/health-system partnerships. Akumin is a direct strategic competitor and likely consolidator of independent regional imaging groups.
• SimonMed Imaging: One of the largest outpatient imaging networks in the U.S., operating several hundred sites with a heavy concentration in the Sun Belt but expanding nationally. Comparable as a multi-modality, multi-site outpatient imaging competitor.
• US Radiology Specialists: National radiology partnership platform combining contracted radiology services with owned outpatient imaging centers. Comparable as a scaled, multi-modality outpatient imaging and teleradiology competitor with active acquisition activity.

Emerging players

• Solis Mammography: Largest independent provider of breast imaging services in the U.S., focused on mammography, 3D tomosynthesis, and breast-specific diagnostics. Comparable as a specialty-focused outpatient imaging operator with consolidation-driven growth.

Direct peers

• RAYUS Radiology: National outpatient imaging platform (formerly CDI) operating a network of centers offering MRI, CT, mammography, and pain management injections. RAYUS is a direct peer in scale, multi-site outpatient model, and acquisition-driven growth strategy.
• Outpatient Imaging Affiliates (OIA): Outpatient imaging developer and operator partnering with hospitals and health systems to build and manage joint-venture imaging centers. Comparable as a similarly scaled multi-site outpatient imaging operator with hospital JV orientation.
• Touchstone Medical Imaging: Multi-site outpatient imaging group operating freestanding centers with MRI, CT, ultrasound, X-ray, and mammography. Closely comparable in operating model to an independent tri-state imaging group.

Regional players

• Penn Medicine Outpatient Imaging: Hospital-affiliated outpatient imaging sites operated by Penn Medicine in the Philadelphia region. Represents the hospital-system vertical integration threat faced by independent imaging groups in the tri-state area.
• Jefferson Outpatient Imaging: Outpatient imaging centers operated by Jefferson Health across the greater Philadelphia region. Directly comparable as a competing outpatient imaging provider in Tristate's primary local market.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat3 records

Key risks4 records

Key highlights4 records

Customer concentration

• Facebookfacebook.com/AkuminHealth
• LinkedInlinkedin.com/company/tristate-imaging-group
• Instagraminstagram.com/akuminhealth

Compliance2 records

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 Tristate Imaging Group