What is Digirad?
Digirad Corporation is a multifaceted healthcare solutions provider established in 1985, headquartered in Suwanee, Georgia. The company operates through four distinct business segments: Diagnostic Services, Mobile Healthcare, Diagnostic Imaging, and Medical Device Sales and Services. Its market position is defined by a comprehensive approach to medical diagnostics, ranging from the development and sale of gamma camera imaging systems to the provision of mobile CT, MRI, and PET/CT services. By integrating both hardware sales and clinical service delivery, Digirad functions as a critical partner for healthcare institutions seeking to optimize their diagnostic workflows and patient monitoring capabilities.
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 is a prominent financial services organization providing comprehensive banking and wealth management solutions to business and retail clients.
PPP
Public-Private Partnership
Undisclosed Investors
What's next for Digirad?
With the support of its recent strategic financing, Digirad is well-positioned to further scale its diagnostic service offerings and enhance its medical device maintenance portfolio. The company's forward-looking strategy likely involves deepening its penetration into the upper Midwest market while continuing to leverage its long-term contracts with major healthcare entities. As the demand for high-fidelity diagnostic imaging and remote cardiac monitoring continues to rise, Digirad's ability to provide both equipment and operational expertise will be pivotal in maintaining its competitive edge. Future growth will likely focus on technological integration and the expansion of its mobile healthcare footprint to meet the evolving needs of federal institutions and private healthcare networks.
See full Digirad company page
