Tempus, a leading technology company advancing precision medicine through the collection and analysis of molecular and clinical data, announced today an additional $200M financing at a value of $3.1 billion dollars. The investors include Baillie Gifford, Franklin Templeton, NEA, Novo Holdings, Revolution Growth, and funds and accounts managed by T. Rowe Price. With this latest round, the company has raised $520 million since its founding in September 2015.Founded in 2015, Tempus has the largest
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Radiology | Medical Imaging | News, Insights, Analysis - HIT Consultant
RSIP Vision Launches AI-Driven Solution for Knee Replacement Patients
RSIP Vision, a provider artificial intelligence (AI), computer vision, and image processing technology, has announced the release of a new AI module that promises a life-changing impact on the millions of patients who undergo knee surgery every year. For most, knee replacement surgery is a difficult option, with a painful recovery and a long, rigorous rehabilitation period. Now the superior accuracy and precision of the RSIP Vision AI solution, unmatched in the market today, revolutionizes knee
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Healthcare M&A: Agfa to Consider Selling Health IT & Integrated Care Business
Last week Agfa announced its Board of Directors would investigate the sale of part of Agfa HealthCare, specifically, the business tied to its EMR and integrated care offerings. The facts are:· In March 2019, Agfa initially stated that it would further extend the independence of Agfa HealthCare.· It has now expanded on what this could potentially look like, stating it will explore selling is Hospital IT and Integrated Care solutions.· In terms of its reportable business this is largely the
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MaxQ AI Launches FDA Cleared, CE Approved Slice-Level Intracranial Hemorrhage Detection
MaxQ AI, an Israeli-based medical diagnostic AI company has launched the company’s new ACCIPIO Ax solution, which features SliceMap, an integrated view that guides clinicians rapidly to CT slices with suspected intracranial hemorrhage (ICH) without leaving their PACS viewer. Slice-Level Intracranial Hemorrhage DetectionACCIPIO Ax is FDA Cleared, CE Approved, and the second component of MaxQ AI’s ACCIPIO ICH Platform, the complete ICH solution for stroke and head trauma assessment. Radiology
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Rutherford Diagnostics Inks 10-Year Partnership with Philips to Improve Diagnostic Services Across England
Royal Philips, a global health technology company has announced it signed a 10-year strategic partnership agreement with Rutherford Diagnostics. This collaboration will utilize Philips innovative radiology technology and Rutherford Diagnostics’ healthcare expertise to deliver and operate advanced personalized diagnostic services through a network of community diagnostic centers, driving the best possible healthcare outcomes for patients. Rutherford Diagnostics is a subsidiary of Proton Partners
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Zebra Medical Vision Granted FDA 510k Clearance for AI Chest X-Ray Triage
Zebra Medical Vision, an Israli-based deep learning imaging analytics company, today announces that it has received FDA 510(k) clearance for HealthPNX – an AI-powered alert for pneumothorax (PNX), based on chest X-rays.FDA 510(k) Clearance DetailsReceived in May 2019, the FDA 510(k) clearance focuses on an AI alert for “stat” (urgent) findings of pneumothorax and demonstrates a promising potential to substantially reduce turnaround time and increase the radiologist’s confidence in making this
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Analysis: 5 Trends Shaping The Future of The Global Radiology IT Market
Against the backdrop of artificial intelligence in medical imaging and other hyped healthcare IT technologies, market trends in core radiology IT software and services can easily be overlooked. Many of the largest markets in North America and Western Europe have reached saturation, with few new “greenfield” opportunities. Instead, the dynamics of much of the global radiology IT market revolve around long procurement cycles, replacement or contract roll-on and an entrenched customer base.However,
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Ontellus Acquires Secure Medical Records Exchange Portal ChartSwap
Ontellus, a nationwide full-service procurer of medical, billing, employment records, and other claims related data services has acquired Chartswap, a cloud-based HIPAA compliant medical record exchange portal.ChartSwap BackgroundFounded in 2012 by Randy Haynes, Chartswap’s (B2B) health information exchange portal connects provides hospitals and other medical care facilities with the ability to securely delivery patient records. From a single cloud-based platform, requestors can safely order,
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NVIDIA, American College of Radiology Partner to Accelerate AI for Diagnostic Radiology
NVIDIA and the American College of Radiology are teaming up to enable thousands of radiologists nationwide to create and use AI for diagnostic radiology in their own facilities, using their own data, to meet their own clinical needs. The announcement follows a successful three-month pilot program by both parties, ACR is integrating the NVIDIA Clara AI toolkit into the newly announced ACR Data Science Institute ACR AI-LAB.ACR AI-LAB BackgroundACR AI-LAB is a free software platform that will be
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Where’s the Evidence? Barriers to Analyzing Digital Health’s Impact
The digital health industry continues to grow at an unprecedented rate. In 2018, venture funding for digital health companies approached a record $8.1B in funding, according to Rock Health. These companies are striving to address important healthcare issues by developing products and service offerings in various categories like genome sequencing, analytics, telemedicine, mobile apps, and population health management tools—all with the promise of increased insights and patient engagement, and
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