Cardio Health

What Cardio Health does

Cardio Health is a privately held Canadian healthcare services company headquartered in Richmond Hill, Ontario that operates a network of 27 cardiac diagnostic clinics distributed across six Ontario regions. The company delivers non-invasive cardiac diagnostic testing services including specialist consultation, 2D echocardiography, electrocardiogram (ECG/EKG), Holter monitoring for 72 hours to 14 days, ambulatory blood pressure monitoring, stress echocardiography, and exercise stress testing. Services are performed by a network of 43 cardiologists and internal medicine physicians across the clinic footprint.

The company operates on a physician-referral-driven model in which family doctors and nurse practitioners refer patients via secure fax using standardized requisition forms, with central phone-based scheduling and coordination. Cardio Health has integrated its requisition workflow into two leading Ontario EMR platforms, Oscar EMR and Accuro, to reduce friction for referring practices. The technology stack consists of established cardiac diagnostic equipment rather than proprietary or AI-driven systems.

Revenue is generated primarily through fee-for-service diagnostic billing, with most tests covered by the Ontario Health Insurance Plan (OHIP); ambulatory blood pressure monitoring is the only service explicitly identified as not OHIP-covered. The company is part of an interconnected healthcare network that includes Cardio Health Clinical Trials (CHCT) for cardiovascular research and CanMed Endoscopy for adjacent clinical services, enabling cross-referral pathways within the network. Ownership, funding history, and revenue figures are not disclosed in available source materials.

Name

Cardio Health

Legal name

Cardio Health

Website

https://cardiohealth.ca

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Cardio Health is a privately held Ontario-based healthcare services company operating 27 cardiac diagnostic clinics staffed by 43 cardiologists and internal medicine physicians, delivering physician-referred diagnostic testing including echocardiography, ECG, Holter monitoring, and stress testing across Ontario.

Ownership category

akta.pro rank

Product category

Cardiac Diagnostic Services

NAICS

Offices of Physicians (6211), Diagnostic Imaging Centers (621512)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Health Services (8000)

akta.pro industry

PRIMARYHLAFAKAE

Cardiac Diagnostic Centers (Echo/Stress Testing/Holter)

Healthcare & Life Sciences/Healthcare Providers & Systems/Diagnostic & Imaging Centers

SECONDARYHLAFABAK

Ambulatory Cardiology Diagnostic & Procedure Centers (Non-hospital-based)

Healthcare & Life Sciences/Healthcare Providers & Systems/Ambulatory & Outpatient Care Centers

SECONDARYHLAKABAA

General Cardiology (Consultative)

Healthcare & Life Sciences/Specialist Medical Practice/Cardiology & Vascular Medicine

Keywords

• Cardiac diagnostic services
• Echocardiography testing
• Ambulatory cardiac monitoring
• Stress testing services
• Cardiology consultation

Headquarters

HQ city

Richmond Hill

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Cardiac Diagnostic Services: Cardio Health generates revenue through providing cardiac diagnostic testing services. Most tests are covered by OHIP (Ontario Health Insurance Plan), with the exception of Ambulatory Blood Pressure monitoring which is not covered.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Cardio Health operates a network of 27 cardiac diagnostic clinics across Ontario providing specialist cardiac testing services including consultations, 2D echocardiograms, ECGs, Holter monitoring (72 hours to 14 days), ambulatory blood pressure monitoring, stress echocardiograms, and exercise stress tests. Services are delivered to patients primarily through referrals from family physicians and nurse practitioners, with results returned to referring providers for care planning.

Product overview

Cardio Health is a cardiac diagnostic service network providing comprehensive cardiac diagnostic testing and consultation services across Ontario through 27 clinic locations. The core offering consists of diagnostic cardiac testing services including consultation, 2D Echocardiogram, Electrocardiogram (ECG/EKG), Holter Monitoring, Ambulatory Blood Pressure monitoring, Stress Echocardiogram, and Exercise Stress Test. These services work together as a coordinated diagnostic pathway, with referrals initiated by family physicians and results delivered back to referring healthcare providers for care planning.

Differentiator

Problem solved

Functional benefit

Products and services

• Specialist Consultation
• 2D Echocardiogram
• Electrocardiogram (ECG/EKG)
• Holter Monitoring
• Ambulatory Blood Pressure Monitoring
• Stress Echocardiogram (Stress Echo)
• Exercise Stress Test

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Cardio Health Clinical Trials (CHCT)coreStrategic or Co-development PartnerCardio Health Clinical Trials (CHCT) is part of the same healthcare network, enabling Cardio Health to offer patients access to cardiovascular clinical research and study information. Both organizations are interconnected within the Cardio Health brand ecosystem.
• CanMed EndoscopyminorStrategic or Co-development PartnerCanMed Endoscopy provides endoscopy services and is part of the growing network of healthcare organizations connected to Cardio Health. The partnership allows for expanded clinical service offerings within the same healthcare network.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• LifeLabs: Canada's largest community diagnostic services network, operating hundreds of patient service centers across Ontario and other provinces. Comparable as a multi-site, physician-referred diagnostic testing network with centralized coordination, though LifeLabs is broader (lab + imaging) and significantly larger.
• Dynacare: Major Canadian diagnostic services provider offering laboratory and select specialty testing across Ontario, Quebec, and Western Canada. Comparable multi-site, physician-referred diagnostic services model, though Dynacare is lab-centric rather than cardiac-focused.
• True North Imaging: Ontario-based diagnostic imaging network with multiple clinic locations, providing ultrasound, X-ray, and cardiac imaging services on a physician-referred basis. Highly comparable operating model in the same province, competing directly for cardiac imaging referrals.
• Institute of Medical Imaging (IMI): Ontario diagnostic imaging clinic group operating multiple sites across the Greater Toronto Area and surrounding regions. Directly comparable as a multi-site outpatient imaging operator competing for the same referring physician base.

Emerging players

• LMC Healthcare: Canadian specialty clinic network focused on diabetes, endocrinology, and related cardiometabolic care, with multiple Ontario locations. Comparable multi-site specialist clinic model with cross-referral potential for cardiac diagnostics in the cardiometabolic patient population.

Broad incumbents

• Centric Health Corporation: Canadian specialty healthcare services company operating outpatient clinics, surgical centers, and allied health services across multiple provinces. Comparable as an established multi-site Canadian outpatient services operator, though broader and not cardiology-specialized.
• Appletree Medical Group: Large Canadian multi-site physician practice and walk-in clinic operator with locations across Ontario. Comparable multi-site outpatient physician services operator, though primary-care and walk-in focused rather than cardiac specialty.
• William Osler Health System: Ontario hospital system operating inpatient and outpatient services including cardiology diagnostics in the Peel/Halton and surrounding regions. Comparable as a cardiac diagnostic provider in the same geography, though delivered through a hospital system rather than a standalone clinic network.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cardio-health-inc

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 Cardio Health