RadNet, Inc. (NASDAQ: RDNT), a national leader in providing
high-quality, cost-effective outpatient diagnostic imaging
services, today announces the launch of DeepHealth, a health
informatics portfolio designed to dramatically drive efficiency and
transform radiology’s role in healthcare.
Radiology is embracing an increasing responsibility in
healthcare screening, surveillance and follow-up care programs. The
expanded role of radiology within healthcare, combined with ongoing
operational and economic pressures impacting all healthcare
specialties, require a transformative shift in radiology
informatics to drive efficiency and scalability. DeepHealth aims to
address this paradigm shift by introducing a pioneering
cloud-native operating system (OS), powered by clinical AI, that
improves disease detection and that leverages operational
generative AI, to efficiently orchestrate patient engagement and
care delivery.
The newly launched portfolio builds on the strengths of RadNet’s
existing digital health businesses and products, including eRAD
Radiology Information and Image Management Systems, Aidence lung
AI, Quantib prostate AI and DeepHealth breast AI. This synergy,
combined with RadNet’s extensive data, clinical and operational
expertise, position our DeepHealth portfolio to deliver scalable
solutions for patients and professionals in the care continuum.
“The technology and value proposition of the DeepHealth
portfolio reflect the needs of the imaging practice—that clinical
and operational functions are never truly separate in the care
delivery continuum. The improvements we and our current and future
customer base can achieve with the new operating system will open
greater possibilities for innovation in imaging,” said RadNet’s
President and Chief Executive Officer Howard Berger, M.D.
At the heart of the DeepHealth portfolio is DeepHealth OS, a
cloud-native workflow engine intended to integrate data across an
enterprise with API-based modules and to offer personalized
workflow applications for a multitude of roles. DeepHealth OS
embeds AI-powered clinical insights and automation for each
clinical professional—radiologists, technologists and referring
physicians. Additionally, DeepHealth intends to provide operational
professionals, such as practice managers, schedulers, patient
liaisons and revenue cycle teams, their own AI-enabled applications
to manage care delivery more efficiently and effectively. These
personalized applications on a common workflow engine can simplify
the care delivery experience, orchestrate collaboration and help to
elevate every professional’s performance.
“Our new portfolio will integrate and scale the role of
radiology across the healthcare delivery system,” said Sham Sokka,
chief operating and technology officer for RadNet’s digital health
businesses. “The DeepHealth OS and other products are designed with
a modular and open architecture. AI and workflow applications can
be adopted separately, and we intend to interoperate with
best-in-class ecosystem solutions.”
Elements of the DeepHealth portfolio are already being used by
RadNet and more than 300 external customers, who together are
delivering more than 15 million exams annually. DeepHealth AI
solutions have powered more than two million diagnoses in large
screening programs in both the United States and Europe, driving
potentially improved clinical outcomes.
About RadNet, Inc.
RadNet, Inc., is the leading national provider of freestanding,
fixed-site diagnostic imaging services and related information
technology solutions (including artificial intelligence) in the
United States based on the number of locations and annual imaging
revenue. RadNet has a network of 366 owned and/or operated
outpatient imaging centers. RadNet's markets include California,
Maryland, Delaware, New Jersey, New York, Florida, and Arizona.
Together with affiliated radiologists, including full-time and per
diem employees and technologists, RadNet has approximately 9,000
employees. For more information, visit http://www.radnet.com
About DeepHealth
DeepHealth provides AI-powered health informatics to empower
breakthroughs in care delivery. The heart of its portfolio of
solutions, the DeepHealth OS, is a cloud-native operating system
that orchestrates all data to drive value across the enterprise.
DeepHealth aims to elevate the role of the radiologist beyond
radiology and across the entire care pathway. It empowers all users
across the care continuum with personalized workflows to make work
easier and more meaningful. DeepHealth leverages advanced AI
technologies in breast, lung, prostate and brain health, as well as
operational efficiencies to create end-to-end efficiency across the
enterprise. www.deephealth.com
Forward Looking Statements
This press release contains “forward-looking statements” within
the meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. Forward-looking
statements, including statements regarding the capabilities of the
DeepHealth health informatics product portfolio, the DeepHealth OS
and each’s impact on radiology practices and healthcare workflow,
are expressions of our current beliefs, expectations and
assumptions regarding the future of our business, future plans and
strategies, projections, and anticipated future conditions, events
and trends. Forward-looking statements can generally be identified
by words such as: “anticipate,” “intend,” “plan,” “goal,” “seek,”
“believe,” “project,” “estimate,” “expect,” “strategy,” “future,”
“likely,” “may,” “should,” “will” and similar references to future
periods.
Forward-looking statements are neither historical facts nor
assurances of future performance. Because forward-looking
statements relate to the future, they are inherently subject to
uncertainties, risks and changes in circumstances that are
difficult to predict and many of which are outside of our control.
Our actual results and financial condition may differ materially
from those indicated in the forward-looking statements. Therefore,
you should not place undue reliance on any of these forward-looking
statements.
CONTACT:Sham SokkaChief Operating and
Technology Officer, DeepHealth617-462-1775
Mark StolperExecutive Vice President and Chief Financial
OfficerRadNet, Inc.310-445-2800
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