The firm has an annual turnover of £28.5m. It was floated on the London stock exchange in 2017. It provides outsourced interpretation and reporting of MRI scans, CT scans and x-ray images to hospital radiology departments. The technology allows hospitals to transmit diagnostic images to a remote radiologist, based from either their own home or one of Medica's dedicated reporting centres so that the service is always available. It raised £121 million at the stock market launch, giving it a market capitalisation of £150 million. It declared an operating profit of just over £6 million in the nine months ended 30 September 2016.
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