Medica Group: Richard Jones

Medica Group has appointed Richard Jones (pictured) as chief financial officer and a director of the board.

Medica provides teleradiology services, including outsourced interpretation and reporting on MRI, CT and x-ray. It offers three primary services to hospital radiology departments: NightHawk, an out-of-hours service, routine cross-sectional reporting on MRI and CT scans, and routine plain film reporting on x-ray images.

Jones will succeed Tony Lee, who’s stepping down as finance director after 10 years at the company. Jones has 20 years’ experience of healthcare businesses and is currently chief financial officer at Mereo BioPharma Group and was previously chief financial officer at Shield Therapeutics. He is also a non-executive director and chair of the audit committee at Alliance Pharma.

A chartered accountant, Jones started his career with PwC and moved into investment banking where he specialised in the healthcare services sector, initially as a research analyst, and then into corporate finance as head of healthcare at Investec.

Following a transition period, Jones will join Medica later this year.

Medica chief executive Stuart Quin said: “Medica has ambitious plans to expand and diversify its service offering and Richard’s leadership will be important as we develop the internal finance function at Medica, as well as to shape new business opportunities that will enable future growth.”

Jones said: “Medica has a great opportunity to continue to cement its leading position in the UK teleradiology market, as well as look to grow through new opportunities. I look forward to working with the executive team on this next stage of development.”

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