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

M&A: Alpine Investors Acquires RCM Services Provider Medusind

by Jasmine Pennic 01/13/2023 Leave a Comment

M&A: Alpine Investors Acquires RCM Services Provider Medusind

What You Should Know: - Alpine Investors, a people-driven private equity fund, announced that it has acquired Medusind, a provider of revenue cycle management services to the healthcare industry. - Jose Rivero, an Alpine CEO-in-Residence and part of the firm’s PeopleFirst program, has assumed the role of CEO of Medusind. Terms of the private transaction were not disclosed. Medusind Background Founded in 2002, Medusind provides deep expertise and powerful revenue cycle
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Teleradiology Market Primed to Hit $3.7Bn by 2026 – What’s Driving the Surge in Demand?

by Arun Gill, Senior Analyst at Signify Research 12/27/2022 Leave a Comment

Teleradiology Market Primed to Hit $3.7Bn by 2026 – What’s Driving the Surge in Demand?

4.7bn diagnostic imaging procedures were performed globally in 2021, representing a strong recovery over 2020. Healthy demand for teleradiology services resulted in the global penetration of teleradiology reads into diagnostic imaging procedures bouncing back to 1.9%, and the overall teleradiology reading services and IT market revenue elevating past its pre-pandemic level to USD $1.7bn. With a projection for the market to reach USD $3.7bn in 2026, here I explore five drivers fueling this period
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KLAS Enterprise Imaging 2022: Which Vendors Are Delivering?

by Syed Hamza Sohail 12/23/2022 Leave a Comment

KLAS Enterprise Imaging 2022: Which Vendors Are Delivering?

What You Should Know: - Many healthcare organizations are working to expand and mature their enterprise imaging (EI) strategies to bring together more facilities and service lines. At the same time, both vendors and healthcare organizations are experiencing staffing and budget constraints, leading to a host of financial and operational difficulties. In this environment, some vendors are surmounting challenges and providing the partnership and innovation customers need, while others are
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Merck Invests in Gesund, Launches Medical AI Platform on AWS

by Syed Hamza Sohail 12/21/2022 Leave a Comment

Merck Invests in Gesund, Launches Medical AI Platform on AWS

What You Should Know: - Gesund, the company ensuring that medical artificial intelligence (AI) is safe and effective for all, today announced the securing of a strategic investment from Merck as well as a launch of a new commercial platform on Amazon Web Services Marketplace. - While terms of the investment are not being disclosed, the news signals support for the company's approach as it launches a first of its kind commercial platform on Amazon Web Services Marketplace, immediately
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Analysis: RSNA 2022: Predictions vs Reality

by Steve Holloway, Director at Signify Research 12/13/2022 Leave a Comment

RSNA 2022: Predictions vs Reality

Much has already been written about attendance at RSNA, but from a first-hand perspective, RSNA 2022 could be regarded as a step back toward “normal”. Amongst mostly bustling halls, vendors reported very positive feedback on the volume and quality of customer meetings, with one prominent global imaging vendor citing “We’re signing deals here at the show again – things are looking up”.  Against this positive backdrop, however, the stark challenges facing radiology in a post-COVID world were
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AI Improving the Patient Experience of Cancer Care

by Chris Cashwell, CEO and Founder of Azra AI 12/05/2022 Leave a Comment

AI Improving the Patient Experience of Cancer Care

For cancer patients and their loved ones, days, weeks, and months matter. In fact, anyone who has waited anxiously for test results or a treatment regimen to begin can attest that hours, or even minutes, will drag on with emotional heaviness. From a clinical standpoint as well, time to treatment significantly impacts outcomes. All suspected cancers should be ruled out or confirmed with a diagnosis so treatment can begin as soon as possible. Similarly, patients with incidental findings—masses or
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Why Preventive Healthcare Hinges on Diagnostics Innovation

by Michael Simpson, CEO of CliniSys 12/05/2022 Leave a Comment

Why Preventive Healthcare Hinges on Diagnostics Innovation

There is a real sense that we are on the cusp of a diagnostics revolution. This has been spurred on by the pandemic, which at once underscored the tremendous power of mass testing as it became the fundamental basis for decision-making, from our own personal health to national policy. It also revealed gaps in terms of needing to drastically scale up testing capacity and invest in new and innovative digital diagnostics tools. Innovation in diagnostics, however, is
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RSNA: Philips Unveils AI-Enhanced Informatics Solutions to Optimize Radiology Workflow

by Jasmine Pennic 11/28/2022 Leave a Comment

RNSA22: Philips Unveils AI-Enhanced Informatics Solutions to Optimize Radiology Workflow

What You Should Know: - Today at RNSA22, Philips unveils its next-generation Advanced Visualization Workspace, including new cardiac MR Suite with new workflow and user interface, new AI powered CT ASPECT Scoring, and enhanced CT Liver Analysis applications. - New integrated diagnostic approach connects radiology, cardiology, pathology, and oncology to securely unite data and images across the enterprise, enabling earlier and more definitive diagnosis. Optimized algorithms help speed up
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Lunit, CARPL.ai Partner to Accelerate AI-Powered Medical Imaging

by Jasmine Pennic 11/23/2022 Leave a Comment

Lunit, CARPL.ai Partner to Accelerate AI-Powered Medical Imaging

What You Should Know: - Lunit signed a global distribution agreement to provide its AI-based radiology solutions for clinical use via CARPL.ai’s platform. Lunit is a South Korean-based AI software company devoted to developing AI solutions for precision diagnostics and treatment support, mainly focused on conquering cancer. - The partnership will deliver Lunit INSIGHT CXR and Lunit INSIGHT MMG for commercial use in the U.S., Australia, Brazil, India, and Singapore. CARPL
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Prenuvo Raises $70M for Whole Body MRI Scans

by Fred Pennic 10/18/2022 Leave a Comment

Prenuvo Raises $70M for Whole Body MRI Scans

What You Should Know: - Prenuvo, an Redwood City, CA-based advanced, radiation-free whole body imaging for early detection of cancer and other diseases raises $70M in Series A equity and debt funding led by Felicis, with participation from existing investors including Tony Fadell, NYT bestseller author and founder of Nest; Dr. Timothy A. Springer, Lasker award recipient; Anne Wojcicki, CEO of 23&Me; Steel Perlot, with Eric Schmidt as chairman; entrepreneur Rande Gerber; and wellness
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