News | Enterprise Imaging | September 27, 2022

Acquisition combines the two leading image exchange providers, managing 80 billion images globally and represents a total investment approaching half a billion dollars 

 

Acquisition combines the two leading image exchange providers, managing 80 billion images globally and represents a total investment approaching half a billion dollars

September 27, 2022 — Intelerad Medical Systems, a leading global provider of enterprise imaging solutions, announced its acquisition of Life Image, one of the largest image exchangenetworks of curated clinical and imaging data, creating the largest medical image exchange network in the world and laying the groundwork for the elimination of costly CDs as the primary means of image transfer.   

“As a company, Intelerad has been unwavering in backing the challenge put forth by the American College of Radiology (ACR), RSNA and SIIM to #ditchthedisk. Today’s transaction reflects one of the most important steps we could imagine in reaching that vision,” said Mike Lipps, Intelerad CEO. “Bringing together two of the industry’s leading image exchange providers further solidifies Intelerad’s commitment to helping clinicians and patients lead the revolution in imaging from a world of siloed PACS to a future of interoperable image exchange.”  

Medical record interoperability has been a key component of the 21st Century Cures Act and its focus on eliminating all forms of information blocking. Radiology leaders and industry stakeholders have been champions for establishing a framework for seamless electronic image transfer in an effort to improve patient care and eliminate the burden on caregivers. By combining two of the largest image sharing networks and ensuring open access between networks, Intelerad takes a critical step in advancing access to digital health information. 

“As an advocate for radiology’s critical role in health equity, I am so encouraged by the announcement of this expanded network and its commitment to interoperability,” said Dr. Geraldine McGinty, past President of the ACR. “Patients and physicians alike need an easy way to share images and this is an important first step toward enabling vendors to work together as they should.” 

Leading healthcare systems have been pushing for seamless interoperability. “At our recent Enterprise Imaging Summit, interoperability of imaging data was a top concern expressed by many healthcare systems,” said Adam Gale, CEO of KLAS Research, the leading healthcare research firm. “As healthcare continues to evolve, the dedication to interoperability becomes critical to advancing the industry. While the future is unknown, we are hopeful this move to enhance the sharing of images will benefit all patients.” 

With this transaction, Intelerad and Life Image serve many of the largest medical institutions in the world, including Mayo Clinic, Cleveland Clinic and New York Presbyterian Hospital. The combined network manages over 80 billion images globally, enabling 24/7 digital image sharing from any device wherever the provider or patient may be.  

“Together we have both worked to advance patient care and are excited to have the opportunity to bring these two leading networks together to advance interoperability,” said Morris Panner, President of Inteleradand former CEO of Ambra Health, which was acquired by Intelerad in Oct 2021. “As independent companies we competed, but also pioneered some of the most important cross-vendor exchanges in the industry. By combining, we are able to advance our vision and technology more rapidly and achieve our joint vision of a true nation-wide, electronic image exchange network. We are just getting started.”  

For more information: intelerad.com  


Related Content

News | PACS

November 28, 2022 — At this week’s Radiological Society of North America (RSNA) annual meeting (November 27 – December 1 ...

Time November 28, 2022
arrow
News | Artificial Intelligence

November 28, 2022 — Flywheel, a leading data management platform for biomedical research and collaboration, is creating ...

Time November 28, 2022
arrow
News | RSNA | By Christine Book

November 27, 2022 — Among dozens of technical exhibit visits, informative discussions, and captivating Plenary Session ...

Time November 27, 2022
arrow
News | RSNA

November 27, 2022— Royal Philips, a global leader in health technology, today announces its portfolio of smart ...

Time November 27, 2022
arrow
News | Enterprise Imaging

November 26, 2022 — FUJIFILM Healthcare Americas Corporation, a leading provider of enterprise imaging and informatics ...

Time November 26, 2022
arrow
News | Breast Imaging

November 25, 2022 — Hologic, Inc. will exhibit its extensive portfolio of breast and skeletal health products at the ...

Time November 25, 2022
arrow
News | RSNA

November 23, 2022 — With the aim of cultivating global partnerships and improving health equity, access, safety and ...

Time November 23, 2022
arrow
News | Medical 3-D Printing

November 23, 2022 — Ricoh USA, Inc. announced RICOH 3D for Healthcare has received 510(k) clearance from the U.S. Food ...

Time November 23, 2022
arrow
News | Artificial Intelligence

November 23, 2022 — Viz.ai, the leader in AI-powered disease detection and intelligent care coordination, today ...

Time November 23, 2022
arrow
News | RSNA

November 23, 2022 — The Radiological Society of North America (RSNA) has announced the official results of the RSNA ...

Time November 23, 2022
arrow
Subscribe Now