Foundation Radiology

Foundation Radiology Group, established in 2007 and headquartered in Pittsburgh, Pennsylvania, operates as a comprehensive, full-service radiology provider. The firm was founded to address the diagnostic imaging needs of community healthcare settings by providing both on-site and remote radiology services. A key milestone in the company's history was its initial venture funding round in April 2009, which raised $10 million to expand its team of radiologists and build out its service bureau. On July 20, 2021, Foundation Radiology Group was acquired by RAYUS Radiology, a national provider of advanced diagnostic and interventional radiology.

The company's business model is centered on a hybrid approach, combining local, on-site radiologists with an extensive network of U.S.-based, subspecialty teleradiologists. This structure enables the delivery of final, not preliminary, diagnostic reads 24/7/365. Foundation's services cater to a diverse client base, including academic medical centers, integrated delivery networks (IDNs), and community hospitals across multiple states such as Pennsylvania, New York, and Ohio. Revenue is generated by providing professional diagnostic imaging services, information technology infrastructure, and workflow consulting under multi-year, exclusive contracts. Annually, the group performs over 1.5 million diagnostic reads for physicians and other healthcare providers.

Foundation's core service is providing continuous access to board-certified radiologists with expertise across numerous subspecialties, including neuroradiology, interventional radiology, and pediatric radiology. A distinct feature is its status as the first multi-institutional radiology group to be accredited by The Joint Commission, underscoring its commitment to quality and safety standards. The service is built on a single, proprietary technology platform that integrates with a hospital's existing electronic health records, facilitating efficient image and data exchange. This model is designed to enhance diagnostic accuracy, reduce turnaround times for interpretations, and allow partner hospitals to expand their clinical service lines without the overhead of maintaining a full roster of subspecialists.

Keywords: radiology services, teleradiology, diagnostic imaging, subspecialty radiology, hospital radiology solutions, healthcare services, medical imaging, physician services, interventional radiology, neuroradiology, pediatric radiology, Joint Commission accredited, healthcare IT integration, clinical workflow consulting, on-site radiology, remote radiology, academic medical centers, community hospitals, integrated delivery networks, RAYUS Radiology