Artificial Intelligence

Artificial intelligence (AI) is becoming a crucial component of healthcare to help augment physicians and make them more efficient. In medical imaging, it is helping radiologists more efficiently manage PACS worklists, enable structured reporting, auto detect injuries and diseases, and to pull in relevant prior exams and patient data. In cardiology, AI is helping automate tasks and measurements on imaging and in reporting systems, guides novice echo users to improve imaging and accuracy, and can risk stratify patients. AI includes deep learning algorithms, machine learning, computer-aided detection (CAD) systems, and convolutional neural networks. 

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South Korea-based Imaging AI vendor Lunit raises $150M in new capital

Traded on the Kosdaq stock exchange, the company held a public offering earlier this month, which garnered an “enthusiastic response” from investors. 

FDA clears AI-powered brain MRI software from French firm Pixyl

The product aims to reduce radiologists’ read times while bolstering the detection of certain neurological disorders. 

NYU Langone Health

Philips inks 8-year partnership worth up to $115M with NYU Langone Health

As part of the deal, the top-ranked academic medical center will adopt Philips’ AI-powered imaging technologies, including handheld US. 

Lunit INSIGHT DBT

Lunit AI-powered 3D breast imaging receives FDA clearance

The product allows radiologists to zoom into breast cancer lesions and gather details on potential malignancy. 

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Radiology Partners reaches ‘milestone,’ deploying clinical AI across more than 20 million exams

The country's largest imaging group estimated that 2,600 of its 3,600 radiologists (or 72%) are now using at least one AI tool in their daily workflow. 

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Imaging AI firm specializing in CT analysis raises $80M in series C financing

Boston-based Elucid has now raised $121M, with investment firm Elevage Medical Technologies leading this latest round of fundraising. 

RadNet inks new hospital joint venture partnership, with plans to add 10-plus imaging centers

RadNet and Cedars-Sinai are launching a new brand called the Los Angeles Imaging Group, and three new centers are already slated to open in California's largest city. 

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Radiology vendor Covera Health raises up to $50M in financing, acquires AI firm

Coupled with its acquisition of CoRead—an AI quality assurance company used by over 2,000 hospitals—the startup plans to rapidly scale its offerings. 

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Around the web

Health Imaging
Nearly $800,000 settlement offered to family of man who died during MRI exam

The patient, who was being cared for in the ICU, was not accompanied or monitored by nursing staff during his exam, despite being sedated.

Cardiovascular Business
Global shortage of nuclear imaging isotopes may be over

The nuclear imaging isotope shortage of molybdenum-99 may be over now that the sidelined reactor is restarting. ASNC's president says PET and new SPECT technologies helped cardiac imaging labs better weather the storm.

Cardiovascular Business
‘A huge win’: CMS significantly increases Medicare payments for cardiac CT

CMS has more than doubled the CCTA payment rate from $175 to $357.13. The move, expected to have a significant impact on the utilization of cardiac CT, received immediate praise from imaging specialists.