Captive Radiology
Cleveland, US · Founded 2003 · 47 employees on LinkedIn · 1 known investors
Captive Radiology designs and manages imaging partnerships for healthcare providers, offering mobile and in-house radiology programs along with operations management, project management, staffing, equipment sourcing, and quality assessment. It serves large physician practices and hospitals/health systems, particularly specialty groups such as urology and orthopaedics.
Also known as Captive Radiology
Founders & leadership
Investors · 1
Company profile
researched Aug 2026Captive Radiology is a North Canton, Ohio-based diagnostic imaging solutions company that delivers fully managed, turnkey radiology programs to hospitals, health systems and physician practices. Rather than supplying equipment alone, the company bundles imaging systems (MRI, CT and PET-CT) with project management, operations management, technologist staffing, quality assurance and accreditation support, and ongoing technical oversight under a single partnership. Deployments can be mobile, fixed in-office, or hybrid, and equipment may be new or refurbished.
The company's clinical focus areas include urology, neurology and orthopaedics. Its urology work centers on PSMA PET-CT for prostate cancer and ccRCC imaging for kidney evaluation, while its neurology offering covers brain and spinal MRI and PET-CT for conditions such as Alzheimer's disease, multiple sclerosis and other neurodegenerative diseases. Captive Radiology has stated it is seeing rising demand in the emerging theranostics space and has recently expanded into PET-CT for prostate cancer detection and monitoring.
As of May 2026, the company reported over 30 imaging partnerships across nearly 20 states, with named partners including Virginia Urology, Urology Austin (an affiliate of Urology America), Southern Urology, Urologic Specialists of Oklahoma, Associated Medical Professionals and Urology of Indiana (both affiliates of US Urology Partners), Wichita Urology, First Urology, Central Ohio Urology Group, the four-hospital Adena Health System, Crystal Clinic and the OrthoUnited orthopedic group.
Founding story
Dave Kelly and Joe Palmisano founded the company in 2003; Kelly serves as CEO and remains owner of the business following the 2026 RC Capital investment.
Business model
Captive Radiology operates as a single-source partner that installs and runs imaging programs on behalf of provider organizations, taking responsibility for equipment selection and procurement, site planning, shielding and installation, staff recruitment and credentialing, day-to-day operations, maintenance and compliance. The company states that every client relies on it for at least one layer of support beyond equipment, and it markets tailored strategies intended to maximize program profitability and mitigate risk for partner practices.
Traction
As of May 2026 the company reported more than 30 imaging partnerships across nearly 20 states, up from a history that began with two partnerships in 2004. Milestones include two company-owned multi-modality imaging centers opened in 2005, the first U.S. installation of a Hitachi Echelon 1.5T MRI in 2006, a first hospital partnership in 2009, a multi-site Adena Health System MRI program from 2012, a first critical access hospital partnership in 2018, expansion to Georgia and Connecticut in 2019, and entry into urology PET-CT with Virginia Urology in 2023.
Latest developments
On May 27, 2026, Captive Radiology announced a strategic growth investment from Cincinnati-based private equity firm RC Capital; the deal amount was not disclosed. The company said proceeds will accelerate nationwide expansion, enhance service capabilities and strengthen resources for healthcare partners, citing increasing demand for diagnostic imaging and theranostics. CEO Dave Kelly will continue as owner and leader of the business. RC Capital, which has raised over $1 billion since its founding 30 years ago, has also invested in AlignedCardio, Bolder Surgical, Endodontic Practice Partners and SurgiQuest; principal Vitaly Goldfeder commented on the transaction.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
The company positions itself against vendors that supply imaging equipment alone by offering a combined equipment, staffing, quality assurance and operations model. Its investor, RC Capital, characterized Captive Radiology's full-service model as accelerating access to theranostic modalities for healthcare providers.
Differentiation is based on delivering equipment, technologists, quality assurance/accreditation support and daily operations through one partner rather than multiple vendors, combined with regulatory and compliance expertise and flexibility across mobile, fixed and hybrid deployments.
Technology
Imaging modalities offered include MRI (mobile, in-office fixed, and hybrid configurations, including 1.5T and 3T systems), CT, and PET-CT, including PSMA PET-CT for prostate cancer and imaging supporting theranostic applications. The company also supports radiopharmaceutical administration and handling within compliance-driven environments.
Go-to-market
The company sells through a business development team that consults with practices on equipment selection and program structure, supported by partner case studies, customer testimonials and a newsletter aimed at healthcare leaders. Mobile PET-CT is positioned as a lower-risk entry point that lets practices demonstrate financial viability before committing to fixed imaging installations.
Large physician practices — particularly urology, neurology and orthopaedic groups — as well as hospitals, health systems and critical access hospitals seeking in-house or mobile imaging capacity.
Geography
Headquartered in North Canton, Ohio, with nationwide U.S. coverage; partnerships span nearly 20 states, with named sites in Ohio, Indiana, Virginia, New York, Oklahoma, Texas, Kansas, Georgia and Connecticut.
History
Founded in 2003, Captive Radiology formed its first two partnerships in 2004 with OMNI Orthopaedics and St. Joseph's Medical Clinic in Ohio, then developed and operated two company-owned multi-modality imaging centers in Alliance and Sylvania, Ohio in 2005. In 2006 it installed the first Hitachi Echelon 1.5T MRI in the United States at South Bend Clinic in Indiana, and in 2009 added its first hospital-based partnership at St. Vincent Charity Medical Center in Cleveland. A 2012 partnership with Adena Health System grew to four MRI units across five south central Ohio locations, including the company's first 3T MRI. It signed its first critical access hospital partner, Fayette County Memorial Hospital, in 2018 and expanded into Georgia and Connecticut in 2019. Its first urology partnership, with Virginia Urology, began in 2023, and in 2026 it announced a strategic partnership with RC Capital.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 12
launches, deals, and filingsRC Capital, a Cincinnati-based investment firm, made a strategic growth investment in Captive Radiology to support nationwide expansion and enhanced service capabilities. The amount was not disclosed. CEO Dave Kelly remains owner and leader of the business.
Partnered with Urology of Indiana, an affiliate of U.S. Urology Partners, to roll out a mobile PET-CT scanner for prostate cancer imaging in the Indianapolis region.
Helped Wichita Urology roll out a mobile PET-CT scanner in 2024.
Established its first urology partnership, delivering a fully supported PSMA PET-CT program with Virginia Urology in Richmond, Virginia.
Expanded into Georgia and Connecticut with two MRI partnerships.
Developed its first partnership with a Critical Access Hospital, Fayette County Memorial Hospital in Washington Courthouse, OH.
Developed a partnership with Adena Health System that currently includes four MRI units (including Captive's first 3T MRI) serving five locations across south central Ohio.
Added its first hospital-based partnership at St. Vincent Charity Medical Center in Cleveland, OH.
Installed the first Hitachi Echelon 1.5T system in the United States as part of a partnership at South Bend Clinic (South Bend, IN).
Designed, developed, and operated two company-owned multi-modality imaging centers in Alliance, OH and Sylvania, OH.
Formed first partnerships with OMNI Orthopaedics (Canton, OH) and St. Joseph's Medical Clinic (Andover, OH).
Captive Radiology was founded in 2003 by Dave Kelly and Joe Palmisano and has served hospitals and physician groups since then.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- Captive Radiologycaptiveradiology.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Captive Radiology do?
- Ohio-based provider of turnkey, fully managed diagnostic imaging programs — MRI, CT and PET-CT — for hospitals and physician groups.
- Who are Captive Radiology's investors?
- Captive Radiology's investors include RC Capital.
- Where is Captive Radiology headquartered?
- Captive Radiology is headquartered in Cleveland, US.