What is Digirad?
Digirad Corporation, established in 1985 and headquartered in Suwanee, provides a comprehensive suite of healthcare solutions across the United States. The company operates through four distinct segments: Diagnostic Services, offering nuclear and ultrasound imaging; Mobile Healthcare, providing contract sales and diagnostic imaging services like CT, MRI, and PET to hospitals; Diagnostic Imaging, which develops and sells gamma camera imaging systems; and Medical Device Sales and Services, focusing on the sale and maintenance of Philips-branded imaging and monitoring systems in the upper Midwest. This diversified approach positions Digirad as a key player in medical imaging and healthcare technology.
How much funding has Digirad raised?
Digirad has raised a total of $93M across 3 funding rounds:
Stock Offering
$66M
Debt
$25M
Debt
$2M
Stock Issuance/Offering (2004): $66M, investors not publicly disclosed
Debt (2017): $25M led by Comerica Incorporated
Debt (2020): $2M supported by PPP
Key Investors in Digirad
Comerica Incorporated
Comerica Incorporated, a financial services company founded in 1849, provides business, retail banking, and wealth management services. Its participation suggests a strategic debt financing arrangement.
What's next for Digirad?
The recent major strategic investment indicates a phase of potential expansion or technological advancement for Digirad. With a history of both debt financing and stock issuances, the company demonstrates a capacity for diverse capital strategies. Future growth may involve enhancing its mobile healthcare offerings, expanding its diagnostic imaging portfolio, or further solidifying its medical device sales and services partnerships. The company's established presence and multi-faceted business model suggest a focus on sustained operational efficiency and market penetration.
See full Digirad company page
