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

RADLogics Secures FDA Clearance for AI-Powered Chest X-Ray App for Triage & Prioritization

by Jasmine Pennic 09/22/2020 Leave a Comment

RADLogics Secures FDA Clearance for AI-Powered Chest X-Ray App for Triage & Prioritization

What You Should Know: - RADLogics today announced that it has secured 510(k) clearance from the FDA for the company’s novel AI-Powered chest X-ray pneumothorax application, which identifies and prioritizes chest X-ray scans that appear to contain a pneumothorax, a collapsed lung, for urgent radiologist review. - RADLogics’ FDA cleared CT and X-ray solutions – including this application – are
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Radiology Partners Acquires MEDNAX Radiology Solutions for $885M

by Fred Pennic 09/14/2020 Leave a Comment

Radiology Partners Acquires MEDNAX Radiology Solutions for $885M

What You Should Know: - Radiology Partners acquires MEDNAX Radiology Solutions, a division of MEDNAX, Inc. for $885M in cash. - The acquisition accelerates Radiology Partners’ mission to transform radiology, offer unparalleled clinical value and service at scale, and further elevate the role of radiologists within the healthcare field. Radiology Partners (RP),a radiology practice in the U.S., announced a definitive agreement to acquire MEDNAX Radiology Solutions, a division
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Change Healthcare Launches New AI Model to Extract Diagnostic Data from EHRs for Case Management

by Fred Pennic 09/11/2020 Leave a Comment

Change Healthcare Launches New AI Model to Extract Diagnostic Data from EHRs for Case Management

What You Should Know: - Change Healthcare launches a new artificial intelligence model that automatically extracts diagnostic data from clinical notes to increase the efficiency of automated medical necessity reviews by over 20%. - The new Change Healthcare AI models are trained using clinical data and are honed by expert physicians. Change Healthcare unveils new innovative new Artificial Intelligence models, trained by expert physicians, which extract meaningful diagnostic
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MEDITECH Launches Expanse Virtual Assistant Through Nuance

by Fred Pennic 09/09/2020 Leave a Comment

MEDITECH Launches Expanse Virtual Assistant Through Nuance

What You Should Know: - MEDITECH launches Expanse Virtual Assistant, enabling users to quickly access, navigate, and control the EHR using advanced Nuance Dragon Medical Virtual Assistant technology. - Physicians can leverage Expanse Virtual Assistant to navigate and search patient charts for key areas of information including lab results, medications, allergies, radiology images, and more. MEDITECH and Nuance Communications Inc. (Nuance), today announced a collaboration to
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CancerIQ Raises $5M to Expand Genetic Cancer Risk Assessment Platform

by Fred Pennic 08/14/2020 Leave a Comment

CancerIQ Raises $5M to Expand Genetic Cancer Risk Assessment Platform

What You Should Know: - CancerIQ raises $5M in Series A funding led by HealthXVentures to accelerate the growth of its genetic cancer risk assessment platform to identify and manage patients at high risk of cancer. - CancerIQ’s technology enables hospitals to use genomics to personalize the prevention and early detection of cancer. - Two new hires recently joined CancerIQ’s newly formed Integrated Products team from Epic, with the goal of advancing CancerIQ’s integration with leading
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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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Caption Health AI Awarded FDA Clearance for Point-of-Care Ejection Fraction Evaluation

by Jasmine Pennic 07/23/2020 Leave a Comment

FDA Expedites Clearance for AI Ultrasound Solution to Fight COVID-19

What You Should Know: - Caption Health AI is awarded FDA 510(k) clearance for its innovative point-of-care ejection fraction evaluation. - Latest AI ultrasound tool makes it even easier to automatically assess ejection fraction, a key indicator of cardiac function, at the bedside--including on the front lines of the COVID-19 pandemic. Caption Health, a Brisbane, CA-based leader in medical AI technology, today announced it has received FDA 510(k) clearance for an updated version of
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Allscripts, Microsoft Ink 5-Year Partnership to Support Cloud-based Sunrise EHR, Drive Co-Innovation

by Fred Pennic 07/13/2020 Leave a Comment

Allscripts, Microsoft Ink 5-Year Partnership to Support Sunrise EHR, Drive Co-Innovation

What You Should Know: - Allscripts and Microsoft sign a five-year partnership extension to support Allscripts’ cloud-based Sunrise electronic health record and drive co-innovation. - The alliance will enable Allscripts to harness the power of Microsoft’s platform and tools, including Microsoft Azure, Microsoft Teams, and Power BI, creating a more seamless and highly productive user experience. Today Allscripts and Microsoft Corp. announced the extension of their long-standing
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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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FCC Surpasses $100M in Approved COVID-19 Telehealth Program Applications

by Jasmine Pennic 06/10/2020 Leave a Comment

FCC COVID-19 Telehealth Program Providers

What You Should Know: - FCC’s COVID-19 Telehealth Program, which was authorized by the CARES Act, has approved funding for 305 healthcare providers in 42 states plus Washington, D.C. for a total of $105M in funding. The Federal Communications Commission’s Wireline Competition Bureau today approved an additional 67 funding applications for the COVID-19 Telehealth Program. Healthcare providers in both urban and rural areas of the country will use this $16.87M in funding to
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