- Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Expires: November 30, 2011 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

Molchan Matthew G.

2. Date of Event Requiring Statement (MM/DD/YYYY) 1/6/2012

3. Issuer Name and Ticker or Trading Symbol

DIGIRAD CORP [DRAD]

(Last) (First) (Middle)

13950 STOWE DRIVE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director _____ 10% Owner
___ X ___ Officer (give title below) _____ Other (specify below)
President, DIS, Inc. /

(Street)

POWAY, CA 92064-8803

(City) (State) (Zip)

5. If Amendment, Date Original Filed (MM/DD/YYYY)

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Option (Right to Buy)	⁽¹⁾	11/11/2018	Common Stock	20000	$.70	D
Stock Option (Right to Buy)	⁽²⁾	7/9/2016	Common Stock	11666	$1.21	D
Stock Option (Right to Buy)	⁽¹⁾	2/16/2017	Common Stock	30000	$1.87	D

Explanation of Responses:
( 1)	One forty-eighth (1/48th) of the shares subject to the option shall vest and become exercisable on each monthly anniversary of the vesting commencement date (Novebmer 11, 2008), subject to Reporting Person's continuous service through each such date.
( 2)	Fifty percent (50%) of the shares subject to the option shall vest and become exercisable on the one year anniversary of the grant date of the option (July 9, 2009), and one twenty-fourth (1/24th) of the shares subject to the option shall vest and become exercisable monthly thereafter, such that all the shares subject to the option shall be fully vested and exercisable on the second anniversary of the grant date, subject to the Rerporting Person's continuous service through each such date.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Molchan Matthew G. 13950 STOWE DRIVE POWAY, CA 92064-8803			President, DIS, Inc.

Signatures
/s/ Laura S. Kwartler, by Power of Attorney		1/11/2012
^** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.