Diagnostic Imaging

Rad AI Nabs $25M to Automate Radiology Impressions, Save Time, Reduce Burnout, Improve Patient Care

What You Should Know: – Rad AI, a Berkely, CA-based radiologist-led AI company, today announced $25M in Series A funding led by ARTIS Ventures with participation by several existing investors, including OCV Partners, Kickstart Fund, and Gradient Ventures (Google’s AI-focused fund). – Rad AI Omni automatically generates a customized impression from the findings and clinical indication dictated by the …

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Reshaping Imaging: 4 Areas Enhancing Provider Workflows & Patient Care

Paul Shumway, co-founder at Novarad Ever since Wilhelm Roentgen created the first X-ray image in 1895, few technologies have had more influence on medicine than those related to clinical imaging. It’s pretty remarkable if we compare the MRI, CT, and X-ray technologies of even just 20 years ago with those of today. Rapid innovation is …

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Sirona Medical Secures $40M for Cloud-Native Radiology Operating System

What You Should Know: – Sirona Medical, a San Francisco, CA-based cloud software company for radiologists taking on legacy technology, announced $40 Million in Series B funding led by GreatPoint Ventures and joined by Rose Park Advisors and Avidity Partners, with additional participation from previous investors including 8VC and Global Founders Capital. – Sirona Medical Inc. is addressing the needs of today’s radiology practices with a novel cloud-native …

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Collective Medical, Nuance Launches PowerShare to Provide ED Physicians Real-Time Notifications

What You Should Know: – Today, Collective Medical, a PointClickCare Company, was chosen for a collaboration with Nuance with the launch of Naunce PowerShare Image Aware.  – The collaboration will provide emergency department (ED) physicians with real-time notifications of a patient’s prior radiology studies within existing clinical workflows. Point-of-care access to previous diagnostic images reduces unnecessary imaging, healthcare …

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Intelerad Acquires Insignia Medical Systems, UK-Based Enterprise Imaging Provider

What You Should Know: Today, Intelerad Medical Systems, a provider of medical image management solutions, announced its acquisition of Insignia Medical Systems, a leading UK-based enterprise imaging provider. The deal signals an important step in expanding next-generation imaging solutions and resources to help modernize hospital trusts across the UK and marks the company’s fifth acquisition …

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Accenture Invests in Virtual Diagnostic Testing Platform ixlayer

What You Should Know: – Accenture Ventures announced a strategic investment in ixlayer, a leader in healthcare IT-focused on providing technology-based solutions for diagnostic testing. Terms of the investment were not disclosed. – Aimed at making lab testing more efficient, the company’s platform lies at the nexus of doctors, researchers, patients and medical facilities, providing healthcare providers, …

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GE Healthcare Unveils AI-Enabled, Cloud Imaging Solution

What You Should Know: – GE Healthcare unveils its next-generation, cloud-based Picture Archive and Communication System (PACS) designed to address the acute shortage of radiologists and growing demand for imaging scans has put radiology departments under increased strain. Edison True PACS is a transformative system, offering AI-enabled decision support to help radiologists adapt to higher …

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How NLP Can Uncover Social Determinants of Heart Disease

David Talby, CTO, John Snow Labs Heart disease is the leading cause of death for people of most racial and ethnic groups in the United States. Cardiovascular disease-related deaths—which occur every 36 seconds—cost our country about $219 billion each year, according to the Centers for Disease Control and Prevention (CDC). People with poor cardiovascular health …

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Quality Virtual Care Matters for Patients – Even More Than Telehealth

Rick Halton, Vice President of Marketing, Lumeon The COVID-19 pandemic made healthcare visits over video or phone the norm, likely turning telehealth into a permanent fixture within the U.S. healthcare system. In fact, the majority of patient access leaders at large hospitals believe 20-30 percent of appointments will happen over video in 2021, according to …

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ECRI Institute: Top 10 Health Technology Hazards to Watch in 2021

What You Should Know: – ECRI Institute identified the complexity of managing medical devices with COVID-19 emergency use authorization as the number one technology hazard in its Top 10 Health Technology Hazards for 2021 report. ECRI Institute’s Top 10 Health Technology Hazards, now in its 14th year, identifies top health technology concerns that warrant attention from healthcare leaders. The …

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FCC Unveils 14 Initial Projects Selected for $100M Connected Care Pilot Program

What You Should Know: – FCC announces initial 14 pilot project selected for $100M Connected Care Pilot Program that will support connected care service across the country and focus on low-income and veteran patients. The Federal Communications Commission (FCC) today announced an initial set of 14 pilot projects with over 150 treatment sites in 11 …

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More Than 45 Million Medical Images Are Openly Accessible Online

What You Should Know: – CybelAngel tools scanned approximately 4.3 billion IP addresses and detected more than 45 million unique medical images left exposed on over 2,140 unprotected servers across 67 countries including the US, UK, and Germany. – The report highlights the security risks of publicly accessible images containing highly personal information including ransomware …

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Nuance Sells Off Transcription and EHR-Go-Live Services Businesses to DeliverHealth

What You Should Know: –   Nuance announced that it’s planning to sell two sections of its healthcare business – Health Information Management (HIM) and Electronic Health Record (EHR) Go-Live Services – to a new independent company, called DeliverHealth, in early 2021. – Nuance will be a minority shareholder of DeliverHealth and continue to provide its …

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Mobile Point-of-Care Ultrasound Is Now A Frontline Warrior in Pandemic

Diku Mandavia, M.D., SVP, Chief Medical Officer at FUJIFILM Sonosite Health authorities need to prioritize delivery and the repurposing of mobile point-of-care ultrasound machines which have proven to be reliable, affordable, and effective in saving the lives of coronavirus patients.   Most Americans are familiar with ultrasound technology from the scans done to check on the …

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Sony Updates NUCLeUS Medical Imaging Platform to Support Remote Patient Observation

What You Should Know: – Today, Sony announced an update to our NUCLeUS medical imaging platform, which improves support for remote patient observation. – NUCLeUS has added new functionality and features, including powerful bi-directional telestration capabilities allowing multiple remote users to simultaneously annotate, draw or highlight areas of interest in a live stream video or …

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Will Nanox Disrupt The X-ray Systems Market?

With its share price falling from more than $66 to less than $24, September was a tumultuous month for Nanox. On August 25th, the medical imaging start-up closed its initial public offering, having raised $190m from the sale of 10,555,556 ordinary shares at a price of $18 each. Money poured in as investors were sold …

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Fujifilm & Volpara Partner to Help Clinicians Determine Patient Breast Density

What You Should Know: – FUJIFILM Medical Systems U.S.A., Inc. and Volpara Solutions announced the extension of their partnership to provide mammography facilities and clinicians with breast imaging solutions designed to improve image quality, streamline workflow and accurately assess a patient’s breast density. – Building on a successful 6-year partnership, Fujifilm’s customers using ASPIRE Cristalle …

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Change Healthcare Acquires Cloud-Native Imaging Platform Nucleus.io

What You Should Know: – Change Healthcare acquires Nucleus.io to create the first of its kind end-to-end, cloud-native Enterprise Imaging to integrate Change Healthcare’s next-generation medical imaging platform. – The acquisition will accelerate Change Healthcare’s timeline to implement a complete cloud-based, end-to-end Enterprise Imaging solution with customers by leveraging the 7,500+ organizations Nucleus.io currently serves. …

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M&A Analysis: 3 Benefits of Siemens Healthineers’ $16.4B Acquisition of Varian Medical

What You Should Know: – Siemens Healthineers and Varian Medical announce a $16.4B deal in an all-cash transaction on 2nd August 2020. – Deal expected to close in 1H 2021. – Varian Medical will maintain its brand name and operate “independently” – Siemens AG will drop holding in Siemens Healthineers from 85% to 72% as …

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VA, Philips to Create World’s Largest Tele-Critical Care System for Veterans

What You Should Know: – U.S. Department of Veterans Affairs selects Philips to create the world’s largest tele-critical care system, further integrating tele-health and delivering quality care for veterans. – The ten-year contract, which enables VA to invest up to $100 million with Philips for tele-critical care technology and services, leverages Philips history of innovation, including research into technologies …

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