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

AI vs. Humans: AI Solution Beats Stanford Radiologists in Chest X-ray Diagnostics Competition

by Jasmine Pennic 08/22/2019 Leave a Comment

AI vs. Humans: AI Solution Beats Stanford Radiologists in Chest X-ray Diagnostics Competition

JF Healthcare, a Nanchang, China-based medical diagnostic startup is the first organization in the world to beat Stanford University radiologists in a competition designed by the Stanford Machine Learning group to compare the capability of artificial intelligence (AI) to human experts in interpreting chest x-rays.Standard Chest X-ray Diagnostic Competition ResultsThe AI team from JF Healthcare recently achieved an average AUC score (a measure of diagnostic accuracy) of 0.926 and is currently
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5 Trends Shaping the Future of the Global Ultrasound Market

by Simon Harris, Managing Director at Signify Research 08/15/2019 Leave a Comment

5 Trends Shaping the Future of the Global Ultrasound Market

2018 was a record year for the world ultrasound equipment market, with revenues increasing by 6.8%, tipping the market over the $7 billion mark for the first time. Despite the backdrop of global economic uncertainty, the ultrasound market is forecast to continue to grow relatively strongly in the coming years, with the following trends driving growth.1. New Users of UltrasoundOver the years, the use of ultrasound has gradually expanded beyond radiology, cardiology and OB/GYN to a wide range of
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6 Ways Hospitals Can Benefit From E-Procurement Portals

by Boris Shiklo, CTO at ScienceSoft 08/13/2019 Leave a Comment

healthcare procurement: 6 Ways Hospitals Benefit from E-procurement

With regard to the increased complexity of healthcare procurement and the importance of sound supply chain control for ensuring a truly patient-centered approach, experts keep calling the hospitals to introduce advanced technologies for effective management of healthcare procurement and supplies. Procurement portals, as one of those, already greatly add to the effectiveness of purchasing across various retail and manufacturing companies allowing for simplified and optimized management of
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What’s AI’s Holdup in Healthcare? The Answer Is In The Cloud

by Fabien Beckers, Ph.D., CEO, Arterys 08/13/2019 Leave a Comment

What’s AI’s Holdup in Healthcare? The Answer Is In The Cloud

When you consider what technology has the most potential to transform healthcare over the next decade and beyond, no doubt your first thoughts turn to artificial intelligence (AI), machine learning (ML) and deep learning (DL). Already these technologies are showing promise in helping clinicians work faster and smarter, identifying trends, alerting us to signs that can predict and prevent diseases, and providing insights into potential treatments and cures.  But AI, ML, and DL alone cannot
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Largest Physician-Led Radiology Practice Radiology Partners Lands $700M

by Jasmine Pennic 07/24/2019 Leave a Comment

Largest Physician-Led Radiology Practice Radiology Partners Lands $700M

Radiology Partners, (RP), the largest physician-led and physician-owned radiology practice in the U.S. with 1400 radiologists supporting more than 1000 hospitals across 21 states, today announced that Starr Investment Holdings (SIH) has invested approximately $700M of long-duration capital in the practice to support its continued growth, including future practice and hospital system partnerships, as well as investments in clinically-focused technology and innovation. RP physicians are also
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Konica Minolta to Accelerate Commercialization of Dynamic Digital Radiography in US Market

by Jasmine Pennic 07/23/2019 Leave a Comment

Konica Minolta to Accelerate Commercialization of Dynamic Digital Radiography in US Market

Konica Minolta Healthcare Americas, Inc., a provider of medical imaging systems and healthcare IT, along with Shimadzu Medical Systems USA announced a collaborative agreement that will accelerate the commercialization of Dynamic Digital Radiography (DDR) in the US healthcare market. Konica Minolta, Inc. and Shimadzu Corporation collaborated on the development of DDR incorporating Konica Minolta's new advanced image processing and Shimadzu's RADspeed Pro radiographic imaging system. The
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Referential Matching—What It Is and Why It Matters for Providers

by Letha Stewart, Director of Customer Relations at QuadraMed 07/23/2019 Leave a Comment

Referential Matching—What It Is and Why It Matters

Clean patient data is the critical first step for any successful health IT integration, EHR conversion, interoperability initiative or electronic information exchange. According to a recent Pew Charitable Trusts report, most hospital executives and administrators believe the accuracy of patient matching when information is exchanged between organizations with different EHR systems is subpar. Further, as health systems continue to consolidate and add more data to their networks, the importance of
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Philips Acquires Patient Navigation Platform Medumo

by Fred Pennic 07/17/2019 Leave a Comment

Philips Acquires Patient Navigation Platform Medumo

Philips has acquired Boston-based patient navigation platform Medumo for an unclosed sum, according to CBNC reports. Founded in 2013, Medumo helps hospitals, surgical centers, and care teams automatically guide patients throughout their care journey. The company has raised a total of $2.1M. Its patient navigation platform ensures that patients appropriately schedule, show up on time, have all their pre-appointment tasks completed, and continue to follow instructions when they go home after their
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Analysis: Philips’ Evolution to a Pure-play Healthcare Technology Vendor

by Alex Green, Steve Holloway, Simon Harris and Michael Liberty, Signify Research 07/02/2019 Leave a Comment

Analysis: Philips’ Evolution to a Pure-play Healthcare Technology Vendor

 The last two-to-three years we have seen Philips complete its transformation into a pure-play healthcare technology vendor. It has reduced its interest in its remaining non-healthcare business Philips Lighting/Signify (now owning only a 16.5% share), made 16 healthcare technology acquisitions since the start of 2017 and organized its internal business units into three core healthcare technology segments, Personal Health, Diagnosis & Treatment and Connected Care. A few weeks ago, several of
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AMA Grants New CPT Code for KidneyIntelX to Support Medicare & Reimbursement

by Fred Pennic 07/01/2019 Leave a Comment

5 Opportunities to Increase Electronic Exchange of Medical Documentation

The American Medical Association (AMA) has granted a CPT® Proprietary Laboratory Analyses (PLA) Code for Renayltix AI’s lead product, KidneyIntelX. The new code, 0105U, has been approved and published by the AMA CPT Editorial Panel, and is scheduled to become effective on October 1, 2019.Medicare Price for New CPT CodeA payment rate for the new code will be established for Medicare patients through the 2019 Clinical Lab Fee Schedule (CLFS) Annual Public Meeting process. Renayltix AI will shortly
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