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Radiology | Medical Imaging | News, Insights, Analysis - HIT Consultant

The Market Demand for Data-Driven Tech Solutions in Healthcare

by Guilherme Macagnan, CEO, AMX Healthcare 03/06/2023 Leave a Comment

The Market Demand for Data-Driven Tech Solutions in Healthcare

The market demand for data-driven technology solutions in healthcare is on the rise. Today, one-third of the world's data is generated by the healthcare industry. This data is often complex and is coming from multiple different sources such as personal health information, claims data, clinical trial data, patient surveys, disease registries, population health statistics, wellness apps, and wearable devices. And so, the need for data management technologies continues to grow. In the Future Health
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CodaMetrix Raises $55M for AI-Powered, Autonomous Medical Coding

by Fred Pennic 02/27/2023 Leave a Comment

CodaMetrix Raises $55M for AI-Powered, Autonomous Medical Coding

What You Should Know: - CodaMetrix, an AI technology platform transforming healthcare revenue cycle management, today announced that it closed a $55 million Series A round led by SignalFire. Frist Cressey Ventures (FCV), Martin Ventures, Yale Medicine, University of Colorado Healthcare Innovation Fund, and Mass General Brigham physician organizations also participated in the round. - The capital injection will accelerate go-to-market with major provider organizations and health systems, as
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Is AI-Assisted Lung Cancer Diagnosis Right For Your Hospital?

by Ryan Hennen, VP of US Sales at Optellum 01/24/2023 Leave a Comment

Is AI-assisted lung cancer diagnosis right for your hospital?

Lung cancer is the leading cause of cancer deaths worldwide, with approximately 1.8 million people dying from this disease each year. Most patients are diagnosed after symptoms have appeared and the disease has progressed to an advanced stage (Stage III or IV), which explains the current worldwide five-year survival rate of just 20 percent. In contrast, the survival rate for small lung tumors that are treated at Stage 1A is as high as 90 percent. This significant difference highlights a critical
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Top 10 Health Technology Hazards in 2023 to Watch

by Fred Pennic 01/20/2023 Leave a Comment

Top 10 Health Technology Hazards for 2023

What You Should Know: - ECRI, the nation's largest non-profit patient safety organization, names communications gaps with recalls of home-use medical devices as the nation’s most pressing health technology safety issue for 2023. - ECRI’s Top 10 Health Technology Hazards for 2023 list identifies the potential sources of danger that will warrant the greatest attention for the coming year and offers practical recommendations for reducing
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M&A: Alpine Investors Acquires RCM Services Provider Medusind

by Jasmine Pennic 01/13/2023 Leave a Comment

M&A: Alpine Investors Acquires RCM Services Provider Medusind

What You Should Know: - Alpine Investors, a people-driven private equity fund, announced that it has acquired Medusind, a provider of revenue cycle management services to the healthcare industry. - Jose Rivero, an Alpine CEO-in-Residence and part of the firm’s PeopleFirst program, has assumed the role of CEO of Medusind. Terms of the private transaction were not disclosed. Medusind Background Founded in 2002, Medusind provides deep expertise and powerful revenue cycle
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Teleradiology Market Primed to Hit $3.7Bn by 2026 – What’s Driving the Surge in Demand?

by Arun Gill, Senior Analyst at Signify Research 12/27/2022 Leave a Comment

Teleradiology Market Primed to Hit $3.7Bn by 2026 – What’s Driving the Surge in Demand?

4.7bn diagnostic imaging procedures were performed globally in 2021, representing a strong recovery over 2020. Healthy demand for teleradiology services resulted in the global penetration of teleradiology reads into diagnostic imaging procedures bouncing back to 1.9%, and the overall teleradiology reading services and IT market revenue elevating past its pre-pandemic level to USD $1.7bn. With a projection for the market to reach USD $3.7bn in 2026, here I explore five drivers fueling this period
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KLAS Enterprise Imaging 2022: Which Vendors Are Delivering?

by Syed Hamza Sohail 12/23/2022 Leave a Comment

KLAS Enterprise Imaging 2022: Which Vendors Are Delivering?

What You Should Know: - Many healthcare organizations are working to expand and mature their enterprise imaging (EI) strategies to bring together more facilities and service lines. At the same time, both vendors and healthcare organizations are experiencing staffing and budget constraints, leading to a host of financial and operational difficulties. In this environment, some vendors are surmounting challenges and providing the partnership and innovation customers need, while others are
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Merck Invests in Gesund, Launches Medical AI Platform on AWS

by Syed Hamza Sohail 12/21/2022 Leave a Comment

Merck Invests in Gesund, Launches Medical AI Platform on AWS

What You Should Know: - Gesund, the company ensuring that medical artificial intelligence (AI) is safe and effective for all, today announced the securing of a strategic investment from Merck as well as a launch of a new commercial platform on Amazon Web Services Marketplace. - While terms of the investment are not being disclosed, the news signals support for the company's approach as it launches a first of its kind commercial platform on Amazon Web Services Marketplace, immediately
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Analysis: RSNA 2022: Predictions vs Reality

by Steve Holloway, Director at Signify Research 12/13/2022 Leave a Comment

RSNA 2022: Predictions vs Reality

Much has already been written about attendance at RSNA, but from a first-hand perspective, RSNA 2022 could be regarded as a step back toward “normal”. Amongst mostly bustling halls, vendors reported very positive feedback on the volume and quality of customer meetings, with one prominent global imaging vendor citing “We’re signing deals here at the show again – things are looking up”.  Against this positive backdrop, however, the stark challenges facing radiology in a post-COVID world were
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AI Improving the Patient Experience of Cancer Care

by Chris Cashwell, CEO and Founder of Azra AI 12/05/2022 Leave a Comment

AI Improving the Patient Experience of Cancer Care

For cancer patients and their loved ones, days, weeks, and months matter. In fact, anyone who has waited anxiously for test results or a treatment regimen to begin can attest that hours, or even minutes, will drag on with emotional heaviness. From a clinical standpoint as well, time to treatment significantly impacts outcomes. All suspected cancers should be ruled out or confirmed with a diagnosis so treatment can begin as soon as possible. Similarly, patients with incidental findings—masses or
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