AI is being applied in several aspects for the clinical trial process today. From analyzing real-world data and scientific information to providing improved patient stratification and predictive outcomes, and assisting with different aspects of clinical trial operations. Here are some of the technologies using AI and machine learning in the clinical trial space today, outlining how they fit within the clinical trial ecosystem and discuss the impact on future clinical trial designs. The
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Signify Research | Healthcare Technology Market Intelligence
Hg Takes Majority Holding in Intelerad: 3 Major Implications to Know
- On 23rd Jan 2020, Hg Capital announced it had agreed to acquire a majority stake in imaging IT software vendor Intelerad Medical Systems from previous majority stake owners Novacap. - The founders, management and employee shareholders at Intelerad will be reinvested, with Novacap remaining as a minority shareholder. - The company has undergone significant growth in the last four years, announcing a USD75m R&D program in 2019 and acquiring imaging IT workflow specialist Clario Medical
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Dedalus to Acquire Agfa’s HCIS Business: Impact on European EMR Market
Yesterday Agfa announced it had entered exclusive negotiations with Dedalus Holding to sell part of its Healthcare IT business, specifically the business tied to its EMR and Integrated Care offerings. The facts are:- In May 2019 Agfa stated it would explore selling its Hospital IT and Integrated Care (HCIS) solutions business.- This process was brought a step forward towards the conclusion yesterday with the announcement that the deal (valued at €945M) would be completed during Q2 2020, and
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10 Factors Radiologists Should Consider When Selecting AI Vendors
With over 150 independent software vendors developing machine learning solutions for medical imaging, sorting through the plethora of options to select vendors is a challenge. Here are 10 factors radiologists should consider (and questions they should ask) before partnering with vendors providing AI solutions for medical imaging. 1. Clinical Relevancy The foremost consideration for healthcare providers adopting AI into their clinical workflow is relevancy. Does the AI solution truly
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Analysis: Why EMRs Will Not Replace Enterprise Imaging IT
The growing influence and uptake of electronic medical records (EMRs) in healthcare have driven debate over the future role of specialist clinical and diagnostics software. With interoperability in the health sector still a major challenge, many health providers are looking to simplify their IT systems, consolidating to fewer software platforms and few vendor partners. With recent extensive and long-term investment in EMR systems, some healthcare providers considering the EMR as a potential
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Top 5 Factors Impacting the US Population Health Management Market
The North American Population Health Management (PHM) reached the $4 billion milestone for the first time in 2018, despite growth slowing for the second consecutive year. With the US provider market consolidating and vertical integration increasing, vendors are having to adapt their offerings to keep up with changing needs. Here is our take on the five trends that will impact market growth over the coming years: 1 – A Market Still Maturing As the market has evolved, providers are taking
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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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Health Catalyst IPO Journey: Future Opportunities & Challenges to Watch
Last week saw Health Catalyst common stock begin trading on the Nasdaq Global Select Market. This marks the culmination of a journey that started 11 years ago and provides a great illustration of a start-up that has maximized the potential of the move in healthcare to value-based care. However, the IPO comes at a time where there is some uncertainty gripping the markets it targets and there are several key challenges for Health Catalyst to overcome in order to drive future success. Here’s our
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Analysis: Cerner, Epic, Allscripts and MEDITECH’s International EHR Endeavours
In this insight, we assess how the top US acute EHR vendors, namely Epic, Cerner, Allscripts and MEDITECH (+85% share of US acute market in terms of revenues), have progressed specifically on the third point, international expansion.The below figure shows that there is a significant variance amongst the big four in terms of revenue and share of business outside the US. Cerner has by far the highest revenue at more than $600M in 2018, representing 12% of its business. Whilst MEDITECH has much
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3 Takeaways From The 2019 HIMSS & Health 2.0 European Conference
The HIMSS & Health 2.0 European Conference attracted over 2,600 delegates from 64 countries to Helsinki in June 2019. While there was a strong focus on healthcare in the Nordics, the conference brought with it a wide variety of vendors from across the globe all looking for new opportunities on the show floor. Our key takeaway – the goal to change mindsets in Europe towards how healthcare can be improved through the use of technology. We look at a few examples below, namely:- Developing
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