Roshal Health
On-demand diagnostic imaging technicians for healthcare facilities.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | $10.0m | Late VC | |
| Total Funding | 000k | ||
Related Content
Roshal Health, founded in 2005 by John and Usha Thomas, provides on-demand diagnostic imaging services to various healthcare facilities. The company operates a tech-enabled platform that connects hospitals, emergency rooms, micro-hospitals, and rural health clinics with certified sonographers and technologists for services like ultrasounds and echocardiograms. This model is designed to address staffing shortages, reduce patient transfer rates, and lower workforce costs for its clients, with an average savings of up to 40% on staffing.
The business operates on a shared services model, allowing healthcare providers to access staffing and operational support as needed, paying only for the services they use. This approach provides a flexible workforce solution that can deliver technologists in under 60 minutes, similar to a ride-hailing service. Roshal Health's platform manages the entire process, from scheduling to ensuring technologists have the necessary credentials and training on compliance and documentation for CPT coding to maximize reimbursement.
Initially bootstrapped, Roshal Health has since secured institutional growth capital from investors including Camden Partners, Catalio Capital Management, and Green Street Impact Partners. In February 2024, the company announced it had secured $10 million in structured equity financing to further develop its technology platform and expand nationally. The company, led by CEO Michael Hall, is based in Katy, Texas, and has grown from a local service to a national provider with over 300 employees.
Keywords: on-demand healthcare staffing, diagnostic imaging services, medical technologists, sonographer staffing, healthcare workforce solutions, ultrasound services, echocardiogram services, teleradiology, hospital staffing, healthcare technology, medical imaging, flexible workforce, rural healthcare, emergency room services, healthcare operational efficiency, cost-reduction healthcare, venture capital, private equity, healthcare finance, medical diagnostics