Digital twins are virtual representations of an object or system that spans its lifecycle, is updated from real-time data, and use simulation, machine learning and reasoning to help decision-making (IBM). In most cases, this helps data scientists understand how products are operating in production environments and anticipate how they may behave overtime. But what happens when a digital twin is that of a human being? By using digital twins to model a person, you can use technologies like
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Diagnostic Imaging
Philips and Prisma Health Partner to Drive Enterprise Interoperability & Imaging Solutions
What You Should Know: - South Carolina’s largest health system Prisma Health adopts Philips software solutions for patient monitoring and enterprise imaging, helping to drive interoperability and data analytics, and deliver on Quadruple Aim. - The partnership reflects today’s growing trend of long-term strategic partnerships (LSPs) within hospitals and health systems to better manage the cost and complexity of their technology investments over a defined period of time while expanding
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Why Mainstream Precision Medicine Hinges on Healthcare HPC Storage
The healthcare industry is experiencing a data deluge, and it shows no sign of slowing down. In 2020, estimates reported that healthcare data comprised a staggering 30% of the world’s total data volume; projections for 2025 bump that number up to 36%, a growth rate outpacing every other industry. This is promising news for precision medicine, the data-driven healthcare initiative that promotes the right treatment for the right patient at the right time. Precision (or personalized)
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Rad AI Nabs $25M to Automate Radiology Impressions, Save Time, Reduce Burnout, Improve Patient Care
What You Should Know: - Rad AI, a Berkely, CA-based radiologist-led AI company, today announced $25M in Series A funding led by ARTIS Ventures with participation by several existing investors, including OCV Partners, Kickstart Fund, and Gradient Ventures (Google's AI-focused fund). - Rad AI Omni automatically generates a customized impression from the findings and clinical indication dictated by the radiologist, using the most advanced neural networks. It learns each
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Reshaping Imaging: 4 Areas Enhancing Provider Workflows & Patient Care
Ever since Wilhelm Roentgen created the first X-ray image in 1895, few technologies have had more influence on medicine than those related to clinical imaging. It’s pretty remarkable if we compare the MRI, CT, and X-ray technologies of even just 20 years ago with those of today. Rapid innovation is making imaging better and easier. Still, we’re only starting to scratch the surface of some amazing advances that promise to entirely reshape how doctors diagnose and treat patients. As with
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Sirona Medical Secures $40M for Cloud-Native Radiology Operating System
What You Should Know: - Sirona Medical, a San Francisco, CA-based cloud software company for radiologists taking on legacy technology, announced $40 Million in Series B funding led by GreatPoint Ventures and joined by Rose Park Advisors and Avidity Partners, with additional participation from previous investors including 8VC and Global Founders Capital. - Sirona Medical Inc. is addressing the needs of today’s radiology
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Collective Medical, Nuance Launches PowerShare to Provide ED Physicians Real-Time Notifications
What You Should Know: - Today, Collective Medical, a PointClickCare Company, was chosen for a collaboration with Nuance with the launch of Naunce PowerShare Image Aware. - The collaboration will provide emergency department (ED) physicians with real-time notifications of a patient's prior radiology studies within existing clinical workflows. Point-of-care access to previous diagnostic images reduces unnecessary imaging, healthcare costs, and ED waiting times while
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Intelerad Acquires Insignia Medical Systems, UK-Based Enterprise Imaging Provider
What You Should Know: Today, Intelerad Medical Systems, a provider of medical image management solutions, announced its acquisition of Insignia Medical Systems, a leading UK-based enterprise imaging provider. The deal signals an important step in expanding next-generation imaging solutions and resources to help modernize hospital trusts across the UK and marks the company’s fifth acquisition in the past year. Notably, the UK healthcare system is facing an aging and growing population,
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Accenture Invests in Virtual Diagnostic Testing Platform ixlayer
What You Should Know: - Accenture Ventures announced a strategic investment in ixlayer, a leader in healthcare IT-focused on providing technology-based solutions for diagnostic testing. Terms of the investment were not disclosed. - Aimed at making lab testing more efficient, the company’s platform lies at the nexus of doctors, researchers, patients and medical facilities, providing healthcare providers, payors and governments with the cloud-based IT infrastructure to scale products and
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GE Healthcare Unveils AI-Enabled, Cloud Imaging Solution
What You Should Know: - GE Healthcare unveils its next-generation, cloud-based Picture Archive and Communication System (PACS) designed to address the acute shortage of radiologists and growing demand for imaging scans has put radiology departments under increased strain. Edison True PACS is a transformative system, offering AI-enabled decision support to help radiologists adapt to higher workloads and increased exam complexity, and improve diagnostic accuracy. - Through a web-based
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