Radiology Partners, (RP), the largest physician-led and physician-owned radiology practice in the U.S. with 1400 radiologists supporting more than 1000 hospitals across 21 states, today announced that Starr Investment Holdings (SIH) has invested approximately $700M of long-duration capital in the practice to support its continued growth, including future practice and hospital system partnerships, as well as investments in clinically-focused technology and innovation. RP physicians are also
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Diagnostic Imaging
Zebra Medical Vision Granted FDA 510k Clearance for AI Chest X-Ray Triage
Zebra Medical Vision, an Israli-based deep learning imaging analytics company, today announces that it has received FDA 510(k) clearance for HealthPNX – an AI-powered alert for pneumothorax (PNX), based on chest X-rays.FDA 510(k) Clearance DetailsReceived in May 2019, the FDA 510(k) clearance focuses on an AI alert for “stat” (urgent) findings of pneumothorax and demonstrates a promising potential to substantially reduce turnaround time and increase the radiologist’s confidence in making this
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Analysis: 5 Trends Shaping The Future of The Global Radiology IT Market
Against the backdrop of artificial intelligence in medical imaging and other hyped healthcare IT technologies, market trends in core radiology IT software and services can easily be overlooked. Many of the largest markets in North America and Western Europe have reached saturation, with few new “greenfield” opportunities. Instead, the dynamics of much of the global radiology IT market revolve around long procurement cycles, replacement or contract roll-on and an entrenched customer base.However,
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NVIDIA, American College of Radiology Partner to Accelerate AI for Diagnostic Radiology
NVIDIA and the American College of Radiology are teaming up to enable thousands of radiologists nationwide to create and use AI for diagnostic radiology in their own facilities, using their own data, to meet their own clinical needs. The announcement follows a successful three-month pilot program by both parties, ACR is integrating the NVIDIA Clara AI toolkit into the newly announced ACR Data Science Institute ACR AI-LAB.ACR AI-LAB BackgroundACR AI-LAB is a free software platform that will be
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Healthcare M&A: How Carestream Will Change Philips Strategy in Imaging Informatics
Earlier this month, Philips Healthcare announced it had signed an agreement to purchase the IT business (HCIS) of Carestream Healthcare for an undisclosed amount. The deal, expected to close in the second half of the year, is one of the largest M&A moves in the imaging informatics market for some time. While it was one of the worst kept secrets in the industry that the owners of Carestream were looking for a buyer, the decision to split off the HCIS business of Carestream was more of a
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4 Pillars of Value for AI in Medical Imaging
At ECR this year, there were over 25 independent software vendors (ISVs), many of them start-ups, showcasing artificial intelligence (AI) solutions for medical imaging within a dedicated space. Additionally, with established imaging vendors foraying into the AI space, what was once the hype is now in the early stages of market maturity, and, it appears, AI within medical imaging is here to stay.
The question has now shifted to what clinical value AI solutions can provide, rather than if AI is
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Nuance Unveils AI Marketplace for Diagnostic Imaging
Today at RSNA, Nuance announced that their AI Marketplace for Diagnostic Imaging, the first workflow-integrated marketplace, has mobilized a collaborative community of developers, researchers and technology leaders to build, test, validate, and share algorithms for radiology. This community can seamlessly create, distribute, and utilize continuously learning algorithms for 25,000 radiologists across 5,500 connected healthcare facilities.Nuance AI Marketplace for Diagnostic Imaging OverviewThe AI
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Visla Labs Raises $3M for AI Medical Diagnostics Platform for Radiology
Visla Labs, a San Francisco, CA-based AI medical diagnostics platform for radiology has raised $3M in seed funding led by Lux Capital with participation from former Twitter CEO and COO Dick Costolo and Adam Bain, as well as prominent healthcare experts and advisors. Founded in 2018 by serial entrepreneurs Kevin Quennesson, Wei-En Tan and Alessandro Sabatelli, Visla is collaborating with major hospitals, industry veterans, and award-winning physicians to re-invent the imaging experience with
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Mercy Technology Services (MTS) Extends PACS Imaging Solution to Hospitals Everywhere
Mercy Technology Services (MTS), the IT backbone of one of the largest Catholic health systems in the nation, today announced it will launch a new picture archiving communication system (PACS) imaging solution. Built on a foundation of proven hosting services and success in helping Mercy’s radiologists achieve increased efficiency and decreased report turnaround time by up to 50 percent, MTS will become the first health care provider to extend PACS as Service to hospitals across the country.MTS
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4 Barriers to Overcome Before AI in Medical Imaging Becomes Mainstream
The world market for artificial intelligence (AI) in medical imaging, comprising software for automated detection, quantification, decision support, and diagnosis, is forecasted to reach $2 billion by 2023, according to a new report from Signify Research, an independent supplier of market intelligence and consultancy to the global healthcare technology industry. The report, “Machine Learning in Medical Imaging – 2018 Edition” provides a data-centric and global outlook on the current and
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