Touchstone Medical Imaging, LLC

Touchstone Medical Imaging, LLC offers extensive diagnostic imaging services, including MRI, CT, PET/CT, Ultrasound, and X-Ray, assisting healthcare providers in patient care and disease management across multiple locations in the US. Founded in 1991 in Franklin, US, Touchstone Medical Imaging specializes in diagnostic imaging services. In November 2018, the company was acquired by Charlotte Radiology PA, a portfolio company of Welsh, Carson, Anderson & Stowe. The CEO is Pat Rice.

Touchstone Medical Imaging specializes in providing a comprehensive range of diagnostic imaging services, including Magnetic Resonance Imaging (MRI), Computed Tomography (CT), Positron Emission Tomography/Computed Tomography (PET/CT), Ultrasound, and X-Ray services. These imaging modalities assist healthcare providers in diagnosing various medical conditions, guiding treatment plans, and monitoring patient progress. Touchstone operates over 60 outpatient imaging centers strategically located across the United States, primarily serving markets such as Texas, Colorado, Florida, Montana, and Arkansas. Its facilities are designed for patient convenience, offering same-day and next-day appointments with flexible operating hours, including evenings and weekends.

The company focuses on providing cost-effective imaging solutions, typically at rates up to 60% less than hospital-based imaging, while maintaining high standards of care through board-certified, subspecialized radiologists. Touchstone Medical Imaging generates revenue primarily through fee-for-service transactions with patients and their healthcare providers. These transactions are structured around patient referrals, with a significant portion of clients covered by major health insurance plans, allowing for streamlined billing and payment processes. Revenue is derived from services such as MRI, CT scans, and mammography, among others, which are billed per procedure.

Touchstone’s commitment to cost-effective imaging ensures that it remains competitive in the market, catering to a diverse clientele that includes individual patients, healthcare practices, and hospitals seeking outpatient imaging solutions. Touchstone Medical Imaging's most recent deal on November 30, 2018, involved its acquisition by Charlotte Radiology PA, indicating a strategic move to enhance its services. Future growth plans may include the introduction of new diagnostic products, and expansion into new geographic regions, particularly targeting markets where imaging services are in high demand. The company aims to leverage its recent funding to support these initiatives, enhancing service delivery and operational capabilities.