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Diagnostic Imaging

Change Healthcare Acquires Cloud-Native Imaging Platform Nucleus.io

by Fred Pennic 08/19/2020 Leave a Comment

Change Healthcare Acquires Cloud-Native Imaging Platform Nucleus.io

What You Should Know: - Change Healthcare acquires Nucleus.io to create the first of its kind end-to-end, cloud-native Enterprise Imaging to integrate Change Healthcare’s next-generation medical imaging platform. - The acquisition will accelerate Change Healthcare’s timeline to implement a complete cloud-based, end-to-end Enterprise Imaging solution with customers by leveraging the 7,500+ organizations Nucleus.io currently serves. Change Healthcare (Nasdaq: CHNG) today announced the
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M&A Analysis: 3 Benefits of Siemens Healthineers’ $16.4B Acquisition of Varian Medical

by Steve Holloway, Director at Signify Research 08/07/2020 Leave a Comment

M&A Analysis: 3 Benefits of Siemens Healthineers $16.4B Acquisition of Varian Medical

What You Should Know: - Siemens Healthineers and Varian Medical announce a $16.4B deal in an all-cash transaction on 2nd August 2020. - Deal expected to close in 1H 2021. - Varian Medical will maintain its brand name and operate “independently” - Siemens AG will drop holding in Siemens Healthineers from 85% to 72% as part of the transaction. News of the deal between Siemens Healthineers and Varian Medical will have caught many industry onlookers off guard on Sunday evening.
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VA, Philips to Create World’s Largest Tele-Critical Care System for Veterans

by Fred Pennic 07/08/2020 Leave a Comment

VA, Philips to Create World’s Largest Tele-Critical Care System for Veterans

What You Should Know: - U.S. Department of Veterans Affairs selects Philips to create the world’s largest tele-critical care system, further integrating tele-health and delivering quality care for veterans. - The ten-year contract, which enables VA to invest up to $100 million with Philips for tele-critical care technology and services, leverages Philips history of innovation, including research into technologies that can better support veterans, telehealth,
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M&A Analysis: Mednax to Sell its Radiology and Teleradiology Business

by Arun Gill, Senior Analyst at Signify Research 06/17/2020 Leave a Comment

M&A Analysis: Mednax to Sell its Radiology and Teleradiology Business

Earlier this month saw Mednax announce significant plans to transform its business. Mednax intends to: - Sell its Mednax Radiology Solutions business, which includes its radiology groups and the teleradiology market leader Virtual Radiologic (vRad). - Reposition itself as a dedicated pediatrics and obstetrics business, including a return to its original company name, Pediatrix Medical Group. Mednax made its entrance into the radiology business following the $500m acquisition of vRad in
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Siemens Healthineers and Geisinger Ink 10-Year to Drive Digital Health Innovation

by Fred Pennic 06/09/2020 Leave a Comment

Bayer and Geisinger to Create EHR-Integrated Contraception Counseling Pathway

What You Should Know: -Siemens Healthineers and Geisinger announced a 10-year agreement to drive digital health collaborations, including artificial intelligence-enabled applications. - The partnership will make better health easier throughout Pennsylvania and in all communities that Geisinger serves. Siemens Healthineers and Geisinger have established a 10-year Value Partnership to advance and support elements of Geisinger’s strategic priorities related to continually improving
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RADLogics Brings AI-Powered COVID-19 Apps for CT & X-rays to U.S. Market

by Jasmine Pennic 05/22/2020 Leave a Comment

Study AI-Powered Solution Achieves High Accuracy for Detecting COVID-19 on CT

What You Should Know: RADLogics has signed an agreement with Nuance to officially bring its novel COVID-19 solutions for CT and X-ray to the U.S. market. The new agreement that will expand access to RADLogics’ medical imaging applications designed to assist in the detection and quantification of findings associated of COVID-19 patients in the U.S. through Nuance’s AI Marketplace for Diagnostic Imaging – a cloud-based platform that has broad reach to U.S. radiologists across more than
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Philips Unveils Innovative Ultrasound Solution for Pediatric Assessment

by Fred Pennic 05/06/2020 Leave a Comment

Philips Unveils Innovative Ultrasound Solution for Pediatric Assessment

What You Should Know: Philips unveils first of its kind ultrasound solution for pediatric assessment to provide a gentler approach to imaging children.  It combines dedicated transducers, enhanced processing, and software tools that are optimized for the pediatric diagnostic workflow to help improve the experience of both young patients and staff. Royal Philips, a global leader in health technology, announced the ultimate ultrasound
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The Impending Artificial Intelligence Revolution in Healthcare

by Harjinder Sandhu, CEO of Saykara 05/04/2020 Leave a Comment

The Impending AI Revolution in Healthcare

For at least a decade, healthcare luminaries have been predicting the coming AI revolution. In other fields, AI has evolved beyond the hype and has begun to showcase real and transformative applications: autonomous vehicles, fraud detection, personalized shopping, virtual assistants, and so on. The list is long and impressive. But in healthcare, despite the expectations and the tremendous potential in improving the delivery of care, the AI revolution is just getting started. There have been
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HeartVista Raises $8.65M to Expand One Click, AI-Guided MRI Platform

by Fred Pennic 04/28/2020 Leave a Comment

HeartVista Raises $8.65M to Expand One Click, AI-Guided MRI Platform

What You Should Know: HeartVista, a pioneer in AI-assisted MRI solutions raises $8.65M in Series A funding led by Khosla Ventures, Jeff Rothschild, Leslie Ventures, Open Field Capital, and additional investors. The startup plans to use the funding to fuel new musculoskeletal and neural products, expand internationally, and deepen strategic alliances with the world’s leading cardiology centers. HeartVista, a pioneer in AI-assisted MRI solutions, today announced the closing of a
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Philips Ramps Up Production of Critical Health Tech Products in Response to COVID-19 Pandemic

by Fred Pennic 03/25/2020 Leave a Comment

Philips Ramps Up Production of Critical Health Tech Products in Response to COVID-19 Pandemic.

What You Should Know: - The most needed products are patient vital signs monitors and portable ventilators and medical consumables for non-invasive and invasive ventilation to treat a broad range of respiratory conditions. - Philips’ efforts to increase the production include hiring additional manufacturing employees and shifting current employees to support increased demand immediately Royal Philips announced that it is increasing the production of
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