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

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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Syapse Lands $30M to Accelerate Real-World Evidence in Oncology

by Fred Pennic 05/28/2020 Leave a Comment

Syapse Lands $30M to Accelerate Real-World Evidence in Oncology

What You Should Know: - Syapse raises $30M in new equity funding to enable healthcare providers to deliver the best care to every cancer patient through precision medicine. - Syapse partners with health systems, life sciences companies, and regulators to deliver clinical, programmatic, and research insights from the world’s largest network of health systems focused on precision medicine. Syapse, a San Francisco, CA-based provider of precision oncology solutions announced $30
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RADLogics Brings AI-Powered COVID-19 Apps for CT & X-rays to U.S. Market

by Jasmine Pennic 05/22/2020 Leave a Comment

Study AI-Powered Solution Achieves High Accuracy for Detecting COVID-19 on CT

What You Should Know: RADLogics has signed an agreement with Nuance to officially bring its novel COVID-19 solutions for CT and X-ray to the U.S. market. The new agreement that will expand access to RADLogics’ medical imaging applications designed to assist in the detection and quantification of findings associated of COVID-19 patients in the U.S. through Nuance’s AI Marketplace for Diagnostic Imaging – a cloud-based platform that has broad reach to U.S. radiologists across more than
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2020 MedTech Breakthrough Award Winners Announced

by Fred Pennic 05/21/2020 Leave a Comment

2020 MedTech Breakthrough Award Winners Announced

What You Should Know: - MedTech Breakthrough announces 2020 MedTech Breakthrough Award Winners that recognizes the top companies, people, platforms, and products in the health, fitness, and medical technology industries today. - The 2020 MedTech Breakthrough Awards program is open to all individuals, companies, and organizations involved in producing digital health and medical technology products and services.  MedTech Breakthrough, a market intelligence organization that recognizes
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Mount Sinai Researchers Develops AI Algorithm to Detect COVID-19 from CT Scans

by Fred Pennic 05/20/2020 Leave a Comment

Mount Sinai Researchers Develops AI Algorithm to Detect COVID-19 from CT Scans

What You Should Know: - Mount Sinai researchers develop a unique artificial intelligence (AI) algorithm to detect COVID-19 based on CT scans and patient data. - The Mount Sinai team integrated data from those CT scans with the clinical information to develop an AI algorithm. It mimics the workflow a physician uses to diagnose COVID-19 and gives a final prediction of positive or negative diagnosis.  Mount Sinai researchers are the first in the country to use
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HeartVista Raises $8.65M to Expand One Click, AI-Guided MRI Platform

by Fred Pennic 04/28/2020 Leave a Comment

HeartVista Raises $8.65M to Expand One Click, AI-Guided MRI Platform

What You Should Know: HeartVista, a pioneer in AI-assisted MRI solutions raises $8.65M in Series A funding led by Khosla Ventures, Jeff Rothschild, Leslie Ventures, Open Field Capital, and additional investors. The startup plans to use the funding to fuel new musculoskeletal and neural products, expand internationally, and deepen strategic alliances with the world’s leading cardiology centers. HeartVista, a pioneer in AI-assisted MRI solutions, today announced the closing of a
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Report: How the COVID-19 Pandemic is Changing Patient Communications

by Fred Pennic 04/27/2020 Leave a Comment

Report-How-the-COVID-19-Pandemic-is-Changing-Patient-Communications

What You Should Know: - Data from Luma Health reveals stark gaps in the volume and cadence of COVID-19-related messages sent between doctors and patients. - California, one of the states hit early and hard by COVID-19, increased patient communications more than 91x over, with 206,000 messages broadcast between late January and March; New York saw a 16x increase over the same period (both states with approximately the same number of cases in early March).    - During the month of
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Examining a Hospital Ransomware Outbreak

by Asaf Ashkenazi, Chief Strategy Officer, Verimatrix 04/13/2020 Leave a Comment

Friendly security can save lives – and that’s not just a provocative phrase to get your attention. It’s actually true. Hospitals are quickly becoming one of the hackers’ favorite ransomware targets. The steady stream of media reports announcing the latest healthcare facilities that were attacked indicates an end to this targeting is not likely around the corner – and that’s only based on the publicized cases.  Now we have new research showing us that at hospitals impacted by a data breach,
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Analysis: Applying AI in the Fight Against The Coronavirus

by Dr. Ulrik Kristensen, Senior Market Analyst at Signify Research 04/01/2020 Leave a Comment

The Many Faces of AI in Clinical Trials

Drug discovery is a notoriously long, complex and expensive process requiring the concerted efforts of the world’s brightest minds. The complexity in understanding human physiology and molecular mechanisms is increasing with every new research paper published and for every new compound tested. As the world is facing a new challenge in trying to both adapt to and defend itself against the coronavirus, artificial intelligence is offering new hope that a cure might be developed faster than ever
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