Company profile: Hexarad
1.1 - Company Overview
Company description
- Provider of tech-enabled teleradiology supporting remote reporting of medical scans such as CTs, MRIs and X-rays. Offers the Hexarad Platform for radiology solutions with fast and accurate diagnosis through remote reporting; ReportRad for access to subspecialist radiologists for routine, urgent and out-of-hours reporting; OptiRad workflow management software; and the Hexarad Thought Leadership Institute.
Products and services
- ReportRad: subspecialist-led reporting service supplying access to a network of radiologists for routine, urgent, and out-of-hours remote interpretations of CT, MRI, and X‑ray scans
- OptiRad: department-level workflow management software engineered to enhance the efficiency of radiology departments supporting remote reporting of CT, MRI, and X‑ray scans
- Hexarad Platform: tech-enabled teleradiology system delivering fast and accurate diagnosis through remote reporting of CT, MRI, and X‑ray scans
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Hexarad
USDTL
HQ: United States
Website
- Description: Provider of drug and alcohol testing services, including ChildGuard® hair testing to detect passive drug exposure in children and identify native drugs and metabolites; PEth testing via dried blood spots and whole blood to detect alcohol use over up to 4 weeks; urine drug testing with confirmatory methods and customizable panels; and hair drug testing for long-term detection.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Avantea
HQ: Italy
Website
- Description: Provider of advanced biotechnology and animal reproduction services, including ovum pick up with ICSI and IVF for in vivo oocyte retrieval and lab fertilization (primarily equine), animal cloning, development of animal models (notably pigs) for biomedical research, in vitro reproductive toxicity testing for cosmetics, pharmaceuticals and medical devices, and stem cell-based models and tests.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
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HealthTrackRx
HQ: United States
Website
- Description: Provider of advanced molecular diagnostic and clinical solutions, including PCR testing for viral, bacterial, and fungal infections with next-morning results; antimicrobial resistance solutions and personalized antibiograms; syndromic testing menus (urinary, gastrointestinal, STD/STI, respiratory); toxicology screening and pain management services; a universal collection device; and a financial assistance program.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
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Access Radiology
HQ: United States
Website
- Description: Provider of an online service offering information about radiology services.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Direct Radiology
HQ: United States
Website
- Description: Provider of physician-owned, Joint Commission accredited teleradiology services, delivering timely diagnostic imaging interpretations to hospitals, imaging centers, radiology groups, and mobile ultrasound services. Offerings include rapid emergency imaging, routine hospital support, sub-specialty reports, and 24/7 coverage for daytime and overnight needs.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Direct Radiology company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Hexarad
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Hexarad
2.2 - Growth funds investing in similar companies to Hexarad
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4 - Top valuation comps for Hexarad
4.2 - Public trading comparable groups for Hexarad
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