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 | Image Guided Radiation Therapy (IGRT)

Nov. 30, 2025 — At RSNA 2025, Siemens Healthineers is presenting its new imaging chain Optiq AI1, which is powered by ...

Time December 01, 2025
arrow
News | RSNA 2025

Nov. 21, 2025 — Mach7 Technologies, a company specializing in medical imaging and data management solutions, will have ...

Time November 23, 2025
arrow
News | Archive Cloud Storage

Nov.18t, 2025 — Gradient Health recently announced its Atlas platform is now available on Google Cloud Marketplace ...

Time November 18, 2025
arrow
News | Radiology Imaging

Nov. 13, 2025 — Medical imaging AI company Avicenna.AI has launched AVI, a new platform that delivers AI results ...

Time November 13, 2025
arrow
News | Radiology Business

Nov. 12, 2025 — Siemens has announced plans to deconsolidate its remaining stake in Siemens Healthineers (currently ...

Time November 13, 2025
arrow
News | Artificial Intelligence

Nov. 6, 2025 — Gradient Health and DataFirst have announced a strategic partnership designed to bridge the gap between ...

Time November 12, 2025
arrow
Sponsored Content | Videos | Radiology Business

Radiology departments have many different needs and face a wide variety of challenges that can impact their departments ...

Time November 11, 2025
arrow
News | Interventional Radiology

Nov. 10, 2025 — Interventional radiologists (IRs) that almost exclusively practice in their specialty provide more ...

Time November 11, 2025
arrow
News | Teleradiology

Nov. 4, 2025 — Virtual Radiologic (vRad) recently announced the successful commercialization of The vRad Platform — a ...

Time November 10, 2025
arrow
Feature | Archive Cloud Storage | Shujah Dasgupta, Vice President, CitiusTech

Almost two-thirds of health systems are already using (or plan to use) the cloud for storing and viewing medical images ...

Time October 30, 2025
arrow
Subscribe Now