Diagnostic Health Corporation

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Diagnostic Health Corporation - overview

Location

Birmingham, AL, US

Primary Industry

Healthcare

About

Diagnostic Health Corporation is dedicated to improving healthcare through innovative diagnostic technologies, providing solutions for patient engagement and chronic disease management across North America and Europe. Diagnostic Health Corporation specializes in providing advanced healthcare solutions aimed at enhancing patient outcomes. The company is headquartered in Birmingham, US. Founded by a team of healthcare professionals, it has undergone strategic pivots to focus on diagnostic technologies and patient engagement tools.


The firm has made three notable deals, with the most recent transaction occurring on March 14, 2011, when RadNet, Inc. acquired seven outpatient imaging centers from the company. The founder's history includes prior experience in healthcare startups, although specific details are not available. DxHealthCorp specializes in innovative healthcare solutions aimed at enhancing patient outcomes through advanced diagnostic technologies and therapeutic products.


Their core offerings include a proprietary platform designed for real-time health monitoring and data analytics, which supports healthcare providers in making informed clinical decisions. The company’s products primarily target chronic disease management, offering tools that facilitate patient engagement and adherence to treatment protocols. DxHealthCorp serves a diverse client base that includes hospitals, clinics, and healthcare professionals across North America and Europe, with particular emphasis on urban areas where healthcare accessibility is a priority. By integrating technology with user-friendly design, DxHealthCorp aims to empower end users—patients and clinicians alike—to effectively address health challenges and improve overall wellness.


In the most recent fiscal year, Diagnostic Health Corporation reported a revenue of USD 3,000. 10 mn. The company's revenue structure is built around B2B transactions, primarily through partnerships with healthcare institutions and direct sales to medical facilities. The company offers subscription-based access to its health monitoring platform, which enables clients to utilize the service for a recurring fee, ensuring a steady revenue stream.


Additionally, DxHealthCorp markets its flagship products directly to hospitals and clinics, where they are integrated into existing healthcare systems, fostering long-term relationships with healthcare providers. Diagnostic Health Corporation has plans for significant growth, with a focus on expanding its product line and entering new geographic markets. The company is currently designing upcoming products aimed at enhancing chronic disease management, although specific release dates have not been disclosed. Furthermore, DxHealthCorp is targeting expansion into additional European markets by the end of 2023.


The recent acquisition by RadNet, Inc. is expected to support these initiatives by enabling resource sharing and operational synergies.


Current Investors

The Gores Group

Primary Industry

Healthcare

Sub Industries

Healthcare, Healthcare IT

Website

www.dxhealthcorp.com

Total Amount Raised

Subscriber access only

Diagnostic Health Corporation - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedDiagnostic Health Corporation-
Trade SaleCompletedDiagnostic Health Corporation-
Public to PrivateCompletedDiagnostic Health Corporation-

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Diagnostic Health Corporation - employee data

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