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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Radiologist
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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Star Trek-Inspired Bed for X-Ray Medical Imaging Raises $26M
- Israeli digital health startup Nanox raises $26M to support the commercialization and deployment of its Star Trek-inspired medical bed for end-to-end X-ray medical imaging service. - The Nanox System is composed of the Nanox.Arc, a novel digital X-ray device and the Nanox.Cloud, a companion cloud-based software that will be designed to provide an end-to-end medical imaging service. NANO-X IMAGING LTD. (“Nanox” or the “Company”), an Neve Ilan, Israel-based innovative medical imaging technology
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RSIP Vision Launches AI-Based, 3D Total Hip Replacement Solution
- RSIP Vision launches a new AI-based solution that provides a precise automated 3D structure for physicians to better plan surgery.
- The new AI-based technology will create a precise fit of the new implant to best fit the patients’ body, enabling a better clinical outcome and an easier recovery.
RSIP Vision, an Israeli global provider of artificial intelligence (AI), computer vision, and image processing technology, announced today a new AI-based total hip replacement solution that
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MaxQ AI Expands Partnership with GE Healthcare’s PACS Solution
- MaxQ AI and GE Healthcare announces the expansion of their partnership that will bring the power of AI-enabled solutions into hospitals and emergency rooms worldwide.- MaxQ AI’s ACCIPIO ICH and Stroke platform will be integrated into the next generation of GE Healthcare’s PACS and Universal Viewing platforms- This addition makes GE Healthcare the first to offer a comprehensive CT and PACS MaxQ AI offering. MaxQ AI, the industry-leading medical diagnostic AI company, today announced that the
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Rad AI Raises $4M to Automate Repetitive Tasks for Radiologists Through Machine Learning
- Rad AI raises $4M in seed funding led by Gradient Ventures, Google’s AI-focused venture fund to transform radiology with the latest advances in AI to save radiologists 60+ minutes a day.
- By streamlining existing workflow and automating repetitive manual tasks, Rad AI increases daily productivity while reducing radiologist burnout.
- Rad AI provides more consistent radiology reports for ordering clinicians, and higher accuracy for the patients it serves.
Berkeley-based Rad AI, a
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10 Factors Radiologists Should Consider When Selecting AI Vendors
With over 150 independent software vendors developing machine learning solutions for medical imaging, sorting through the plethora of options to select vendors is a challenge. Here are 10 factors radiologists should consider (and questions they should ask) before partnering with vendors providing AI solutions for medical imaging.
1. Clinical Relevancy
The foremost consideration for healthcare providers adopting AI into their clinical workflow is relevancy. Does the AI solution truly
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Analysis: Why EMRs Will Not Replace Enterprise Imaging IT
The growing influence and uptake of electronic medical records (EMRs) in healthcare have driven debate over the future role of specialist clinical and diagnostics software. With interoperability in the health sector still a major challenge, many health providers are looking to simplify their IT systems, consolidating to fewer software platforms and few vendor partners. With recent extensive and long-term investment in EMR systems, some healthcare providers considering the EMR as a potential
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Intelerad, Zebra Medical Vision Partner to Accelerate AI Adoption for Radiologists
- Intelerad and Zebra Medical Vision join forces to accelerate AI adoption through newly released Intelerad’s Odyssey workflow solution.- The partnership will further help radiologists increase productivity, improve clinical decisions and provide high-quality care globally.After expanding its “all-in-one” AI bundle, which includes 3 FDA 510(k) clearances, the deep learning medical imaging analytics company, Zebra Medical Vision, is now announcing a new joint partnership
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Getting Back to Joy in Work: A Call to Prioritize The Patient-Provider Relationship
When I think about the term “joy in work”, coined by the Institute for Health Improvement, the first thing that comes to mind are my patients and their health. If I feel like I can contribute in some way to overcoming an illness, meeting their health goals, or improving their quality of life, then it makes the long days of work worthwhile. Like anyone else in any other profession, the impact I make through my work keeps me going throughout all the other headaches. That’s why re-prioritizing the
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