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

ONRAD Acquires Direct Radiology from Philips, Creating Largest Independent Teleradiology Provider in the US

by Fred Pennic 01/07/2025 Leave a Comment

ONRAD Acquires Direct Radiology from Philips, Creating Largest Independent Teleradiology Provider in the US

What You Should Know:  - ONRAD Inc., a provider of teleradiology and comprehensive radiology solutions, announced the acquisition of Direct Radiology from Royal Philips. Financial terms of the acquisition were not disclosed.  - Direct Radiology, founded in 2012, is a Joint Commission-accredited practice with a network of approximately 80 radiologists serving over 430 healthcare facilities across the US. By integrating Direct Radiology's extensive network and expertise, ONRAD
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Royal Health Secures Significant Investment from HealthQuest Capital

by Fred Pennic 12/23/2024 Leave a Comment

Royal Health Secures Significant Investment from HealthQuest Capital

What You Should Know:  - Royal Health Inc., a provider of advanced radiology software and workflow solutions, announced today the closing of a minority investment led by HealthQuest Capital, a growth capital firm focused on transformative healthcare companies.  - The recapitalization represents a significant milestone for Royal Health, resulting in a near eightfold increase in enterprise valuation since its previous investment round in 2019. While the specific funding amount
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GE HealthCare Receives FDA Clearance for SIGNA™ MAGNUS Head-Only MRI Scanner

by Syed Hamza Sohail 11/14/2024 Leave a Comment

GE HealthCare Receives FDA Clearance for SIGNA™ MAGNUS Head-Only MRI Scanner

What You Should Know: - GE HealthCare (Nasdaq: GEHC) has received FDA 510(k) clearance for its innovative SIGNA™ MAGNUS, a 3.0T high-performance, head-only magnetic resonance imaging (MRI) scanner.  - This system offers new capabilities for both clinical imaging and neuroscience with the potential to aid in the detection of neurological, oncological, and psychiatric conditions. SIGNA MAGNUS: Advancing Neuroimaging with Cutting-Edge MRI Technology The FDA clearance of the SIGNA MAGNUS
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GE HealthCare, DeepHealth Collaborate to Advance AI in Imaging

by Fred Pennic 11/11/2024 Leave a Comment

GE HealthCare, DeepHealth Collaborate to Advance AI in Imaging

What You Should Know:  - GE HealthCare and DeepHealth, a RadNet company, have announced a strategic collaboration to drive innovation and adoption of artificial intelligence (AI) in medical imaging.  - The partnership aims to develop SmartTechnology™ solutions that address challenges across the imaging value chain, ultimately improving patient care. Enhancing the Imaging Value Chain with AI The collaboration will leverage GE HealthCare's imaging expertise and scale,
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UMPC, TGH Invests in Medicom’s Enterprise Imaging Interoperability Platform

by Fred Pennic 07/26/2024 Leave a Comment

UMPC, TGH Invests in Medicom’s Enterprise Imaging Interoperability Platform

What You Should Know:  - Medicom, a health tech company specializing in enterprise imaging interoperability, announced the successful completion of an oversubscribed strategic financing round. The funding round saw significant participation from healthcare industry leaders, including UPMC Enterprises and Tampa General Hospital Ventures along with expanded participation from existing investors Cone Health Ventures, Oval Park Capital and Grayhawk Capital, as well as local Triangle venture
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Microsoft, Mass General Brigham & UW Health to Advance GenAI in Medical Imaging

by Jasmine Pennic 07/24/2024 Leave a Comment

Microsoft, Mass General Brigham & UW Health to Advance GenAI in Medical Imaging

What You Should Know:  - Microsoft has joined forces with renowned academic medical centers – Mass General Brigham and the University of Wisconsin School of Medicine and Public Health (UW School of Medicine) and its affiliated health system, UW Health – to tackle key challenges in radiology and propel the use of generative AI in medical imaging.  - The collaboration between Microsoft, Mass General Brigham, UW School of Medicine, and UW Health represents a significant step forward
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Q Bio Secures $27M to Expand Full-Body MRI with Mark I Scanner

by Fred Pennic 07/18/2024 Leave a Comment

Q Bio Secures $27M to Expand Full-Body MRI with Mark I Scanner

What You Should Know:  - Q Bio Inc., a pioneer in medical imaging technology secures $27M in strategic funding to propel its innovative Mark I full-body scanner towards market launch. This investment round welcomes new investor TELUS Global Ventures alongside existing backers like Khosla Ventures, Andreessen Horowitz, Founders Fund, and Kaiser Foundation Hospitals. - Founded in 2015 by Jeff Kaditz, Dr. Michael Snyder, and Dr. Garry Choy, Q Bio is dedicated to revolutionizing medical
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Philips Expands Cloud-Based Imaging with IntelliSpace Radiology on AWS

by Fred Pennic 06/27/2024 Leave a Comment

Philips Expands Cloud-Based Imaging with IntelliSpace Radiology on AWS

What You Should Know:  - Philips, a leader in health technology, announced today a significant advancement for its IntelliSpace Radiology platform. Existing customers in North America will now have the option to transition to a cloud-based version hosted on Amazon Web Services (AWS).  - This strategic expansion positions Philips at the forefront of cloud-based healthcare solutions, offering improved efficiency, enhanced security, and powerful AI integration. Benefits of
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GE Healthcare & MediView Debut Augmented Reality System for Interventional Radiology

by Fred Pennic 06/20/2024 Leave a Comment

OmnifyXR Interventional Suite,

What You Should Know:  - Today, GE HealthCare (Nasdaq: GEHC) and MediView XR Inc. announced the successful launch of the OmnifyXR Interventional Suite, marking the first-ever clinical use of this innovative augmented reality (AR) technology. - North Star Vascular and Interventional in Minneapolis, Minnesota became the first medical facility to utilize OmnifyXR in real-world procedures. Dr. Jafar Golzarian, Professor of Radiology and founder of the clinic, successfully performed two
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Google & Apollo Fight TB, Lung & Breast Cancer in India with 3 Million Free AI Screenings

by Fred Pennic 03/21/2024 Leave a Comment

Free AI Cancer & TB Screenings for India: Google & Apollo's Initiative

What You Should Know: - Google Health and Apollo Radiology International are joining forces to tackle some of the country's biggest health challenges – tuberculosis (TB), lung cancer, and breast cancer – using AI-powered screening technology. - Over the next decade, Apollo will leverage AI models to provide 3 million free screenings for TB, lung cancer, and breast cancer. The initiative has the potential to save countless lives and improve healthcare outcomes for millions of Indians. AI
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