Private equity-backed imaging software provider Intelerad names new CEO

Enterprise imaging software provider Intelerad named Jordan Bazinsky, MBA, as its new chief executive officer on Tuesday, May 23.

He takes over for the retiring CEO Mike Lipps, who has served in the role since October 2020. Bazinsky’s career spans more than 20 years, with him recently filling executive roles at healthcare analytics companies Cotiviti and Verisk Health.

“I am intimately tied to this industry and value the work that has been done before me,” Bazinsky said in a statement. “Now, we have an opportunity to look ahead, evaluate our position and determine how we can make the biggest impact on the lives of healthcare providers and the patients they serve.”

Montreal-based Intelerad was founded in 1999 and has grown through acquisition, including seven deals since Lipps became CEO amid the pandemic. The company bought competitor Life Image in 2022, creating a combined organization managing 80 billion medical images. It also acquired Ambra Health the year before, merging to form a $1.7 billion company at the time.  

Private equity firms such as Hg Capital and TA Associates have invested in Intelerad during the past three years to help fuel its growth. Today, the company has over 900 employees across six countries, with almost 2,500 healthcare organizations using its products.

“Jordan’s healthcare experience is coming at a crucial time,” JB Brian, partner at London-headquartered Hg and chairman of Intelerad’s board, said in a statement. “His innate ability to efficiently run and significantly scale businesses within this space is invaluable, and we are confident he is the right leader to steer the organization to new heights.”