Radiology Business January 17, 2025
Boston private equity firm PSG is investing $80 million in radiology workflow vendor Core Sound Imaging, the two announced Thursday.
Founded in 2007 and based in Raleigh, North Carolina, Core Sound’s flagship product is the Studycast imaging workflow platform. Physicians and technologists participated in designing the technology, which is billed as “more than a picture archiving and communication system,” providing one workflow for multiple steps in the imaging procurement process.
Private practices, hospitals and labs use Studycast across 49 U.S. states and seven countries, but PSG (formerly Providence Strategic Growth) sees opportunity to scale further. Studycast’s core specialties include cardiology, vascular surgery, and OB/GYN with a concentration in ultrasound, nuclear medicine and electrocardiography, among other modalities.
“As demand for...