September 27, 2022 — Intelerad Medical Systemsa leading global provider of enterprise imaging solutions, has announced its acquisition of Image of lifeone of the largest image exchange networks of curated clinical and imaging data, creating the largest medical image exchange network in the world and laying the groundwork to eliminate expensive CDs as the primary means of image transfer.
“As a company, Intelerad has been steadfast in supporting the challenge made by the American College of Radiology (ACR), RSNA and SIIM to #ditchthedisk. Today’s transaction represents one of the most important steps we can imagine in achieving that vision,” said Mike Lipps, CEO of Intelerad. “The merger of two of the industry’s leading image exchange providers further solidifies Intelerad’s commitment to helping clinicians and patients lead the imaging revolution from a world of isolated PACS to a future of interoperable image exchange.”
Interoperability of medical records is a key component of 21st Century Cures Act and its focus on eliminating all forms of information blocking. Radiology leaders and industry stakeholders are champions to establish a framework for seamless electronic image transfer in an effort to improve patient care and remove the burden on caregivers. By combining two of the largest image-sharing networks and enabling open access between the networks, Intelerad is taking an important 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 doctors need an easy way to share images, and this is an important first step toward allowing providers to work together as they should.”
Leading healthcare systems demand seamless interoperability. “On our recent one Enterprise Imaging Summitinteroperability of imaging data was a major concern expressed by many health systems,” said Adam Galechief executive officer of CLASS Research, the leading healthcare research firm. “As healthcare continues to evolve, a commitment to interoperability becomes critical to the industry’s progress. Although the future is unknown, we hope that this move to improve image sharing will benefit all patients.
With this deal, Intelerad and Life Image serve many of the largest medical institutions in the world, incl Mayo Clinic, Cleveland Clinic and New York Presbyterian Hospital. The combined network manages over 80 billion images worldwide, enabling 24/7 sharing of digital images from any device, wherever the provider or patient is located.
“Together, we have both worked to improve patient care and are excited about the opportunity to bring these two leading networks together to improve interoperability,” said Maurice Panner, President of Inteleradand former CEO of Ambra Health, who was acquired by Intelerad in October 2021. “As independent companies, we have competed but also pioneered some of the most important vendor-to-vendor exchanges in the industry. By combining, we are able to advance our vision and technology more quickly and achieve our joint vision of a truly national electronic image sharing network. We’re just getting started.”
For more information: intelerad.com
http://www.itnonline.com/content/intelerad-acquires-life-image-establishing-clear-medical-image-exchange-market-leader-and