On the 4th March 2020, TeraRecon announced it had signed an agreement to be acquired by the SymphonyAI Group. Here are the facts of the deal, followed by our take on the potential impact on the medical imaging market:
- The terms of the deal were not disclosed and TeraRecon will continue to operate business as usual. However, it will benefit from greater financial backing and the synergistic technologies from other companies in the Group’s portfolio.
- TeraRecon is an Advanced
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Philips | News, Analysis, Insights - HIT Consultant
Philips Launches Emergency Care Informatics Suite to Power Real-Time Feedback Between Emergency Responders & Doctors
What You Need to Know:
- Philips launches its new pre-hospital informatics solution for emergency responders in the U.S. market and will debut it at HIMSS 2020 next week.
- Emergency medical service personnel are facing rising demands in their roles while also encountering challenging and diverse cases that require better technology to meet patient needs.
- By providing real-time, bidirectional feedback between emergency responders on the scene and doctors in the hospital awaiting the
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CTA Launches First-Ever ANSI-accredited Standard for AI in Healthcare
- The Consumer Technology Association (CTA) announces the first-ever ANSI-accredited standard for the use of artificial intelligence in healthcare, developed by more than 50 organizations from tech giants to healthcare leaders.
- CTA convened 52 organizations – including IBM, Philips, BlackBerry, Doctor on Demand, Humetrix, American Medical Association, and AdvaMed – to develop this standard that provides a foundation to better
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Hg Takes Majority Holding in Intelerad: 3 Major Implications to Know
- On 23rd Jan 2020, Hg Capital announced it had agreed to acquire a majority stake in imaging IT software vendor Intelerad Medical Systems from previous majority stake owners Novacap.
- The founders, management and employee shareholders at Intelerad will be reinvested, with Novacap remaining as a minority shareholder.
- The company has undergone significant growth in the last four years, announcing a USD75m R&D program in 2019 and acquiring imaging IT workflow specialist Clario Medical
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KLAS Names Epic, Pivot Point, Accenture Overall Best in KLAS 2020
- Epic was named the top Overall Software Suite for the tenth consecutive year in the Best in KLAS 2020 Software & Services report. - Pivot Point Consulting, a Vaco Company, was named the top Overall IT Services Firm, edging out last year’s winner, Impact Advisors. - Accenture earned the award of top Overall Healthcare Management Consulting Firm.Today, KLAS Research announced released their annual Best in KLAS Software & Services that recognizes the leading vendors for solutions,
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Philips Rolls Out New Innovations On Its Zenition Mobile C-Arm Platform
- Philips announced two major innovations on its Zenition mobile C-arm platform that includes a new Table Side User Interface which allows the clinician to operate the C-arm inside the sterile field, as well as an extension integrating intravascular ultrasound (IVUS) for peripheral vascular procedures, streamlining the operating room and improving workflow. - The Zenition mobile C-arm platform brings together innovations in image capture, image processing, ease-of-use and versatility pioneered
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Leveraging AI and Machine Learning to Advance Interoperability in Healthcare
(Left- Wilson To, Head of Worldwide Healthcare BD, Amazon Web Services (AWS) & Patrick Combes, Worldwide Technical Leader - Healthcare and Life Sciences at Amazon Web Services (AWS)- Right)Navigating the healthcare system is often a complex journey involving multiple physicians from hospitals, clinics, and general practices. At each junction, healthcare providers collect data that serve as pieces in a patient’s medical puzzle. When all of that data can be shared at each point, the puzzle is
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Top 60 Health IT/Digital Health Mergers & Acquisitions in 2019
- From Google's acquisition of Fitbit to Philips acquisition of Carestream Health's health IT business, here is a look at some of the biggest health IT/digital health mergers & acquisitions in 2019 by each quarter.
Q1 M&A Activity
Johnson & Johnson Acquires Auris Health for $3.4B to Expand Digital Surgery Portfolio
Johnson & Johnson acquiresAuris Health, a developer of robotic technologies for $3.4 billion in cash. Auris Health is a privately-held developer of
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Paige Raises $45M to Expand AI-Native Digital Pathology Ecosystem to Accelerate Biomarker Discovery
- Paige raises $45M in Series B funding led by Healthcare Venture Partners with participation from Breyer Capital, Kenan Turnacioglu, and others. - The funding will be used to accelerate commercial efforts of its AI-native digital pathology ecosystem in the U.S., Europe, Brazil, and Canada. Paige, a NYC-based leader in computational pathology transforming the diagnosis and treatment of cancer, today announced it has closed its Series B funding round of $45 million, bringing the Company’s
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Regional Medical Center, Philips Forms 5-Year, $16M Diagnostic Imaging Partnership
- Philips and Regional Medical Center announce a 5-year, $16M long-term strategic partnership to deliver diagnostic imaging solutions to support patient care for residents of rural South Carolina. - The partnership gives community health system access to the same innovative Philips diagnostic imaging solutions of larger networks, bringing quality care closer to home and delivering on the Quadruple Aim.Regional Medical Center (RMC), the only acute care provider serving Orangeburg, Calhoun,
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