STOCK TITAN

GE HealthCare and RadNet Forge Collaboration to Transform Imaging Systems and Accelerate the Adoption of Artificial Intelligence (AI) with SmartTechnology™

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags
AI

GE HealthCare (GEHC) and RadNet's DeepHealth announced a strategic collaboration to advance AI in medical imaging. The partnership will combine GE HealthCare's imaging expertise with RadNet's DeepHealth AI solutions to create SmartTechnology™ solutions. Their first initiative integrates DeepHealth's AI-powered SmartMammo™ with GE's Senographe Pristina™ mammography system to enhance breast cancer screening. The collaboration includes Smart Alerts, aimed at enabling rapid AI processing for potentially suspicious lesions. GE HealthCare will distribute SmartMammo and other DeepHealth solutions in the United States as part of their imaging technologies portfolio.

GE HealthCare (GEHC) e DeepHealth di RadNet hanno annunciato una collaborazione strategica per avanzare l'AI nell'imaging medico. Il partenariato unirà l'expertise di imaging di GE HealthCare con le soluzioni AI di DeepHealth per creare soluzioni SmartTechnology™. La loro prima iniziativa integra l'AI-powered SmartMammo™ di DeepHealth con il sistema mammografico Senographe Pristina™ di GE per migliorare lo screening del cancro al seno. La collaborazione include gli Smart Alerts, che hanno lo scopo di consentire un'elaborazione rapida dell'AI per lesioni potenzialmente sospette. GE HealthCare distribuirà SmartMammo e altre soluzioni DeepHealth negli Stati Uniti come parte del loro portafoglio di tecnologie per l'imaging.

GE HealthCare (GEHC) y DeepHealth de RadNet anunciaron una colaboración estratégica para avanzar en la IA en la imagen médica. La asociación combinará la experiencia en imagen de GE HealthCare con las soluciones de IA de DeepHealth para crear soluciones SmartTechnology™. Su primera iniciativa integra SmartMammo™, impulsado por IA de DeepHealth, con el sistema de mamografía Senographe Pristina™ de GE para mejorar el cribado del cáncer de mama. La colaboración incluye Smart Alerts, que tienen como objetivo permitir un procesamiento rápido de IA para lesiones potencialmente sospechosas. GE HealthCare distribuirá SmartMammo y otras soluciones de DeepHealth en los Estados Unidos como parte de su cartera de tecnologías de imagen.

GE HealthCare (GEHC)RadNet의 DeepHealth는 의료 이미징 분야의 AI 발전을 위한 전략적 협력을 발표했습니다. 이 파트너십은 GE HealthCare의 이미징 전문성과 DeepHealth의 AI 솔루션을 결합하여 SmartTechnology™ 솔루션을 만들 것입니다. 그들의 첫 번째 이니셔티브는 GE의 Senographe Pristina™ 유방촬영 시스템과 DeepHealth의 AI 기반 SmartMammo™를 통합하여 유방암 검진을 향상시킵니다. 협력에는 잠재적으로 의심스러운 병변에 대한 빠른 AI 처리를 가능하게 하는 Smart Alerts가 포함됩니다. GE HealthCare는 미국에서 SmartMammo 및 기타 DeepHealth 솔루션을 이미징 기술 포트폴리오의 일부로 배포할 것입니다.

GE HealthCare (GEHC) et DeepHealth de RadNet ont annoncé une collaboration stratégique pour faire progresser l'IA dans l'imagerie médicale. Ce partenariat combinera l'expertise en imagerie de GE HealthCare avec les solutions IA de DeepHealth pour créer des solutions SmartTechnology™. Leur première initiative intègre SmartMammo™ propulsé par l'IA de DeepHealth avec le système de mammographie Senographe Pristina™ de GE afin d'améliorer le dépistage du cancer du sein. La collaboration inclut les Smart Alerts, visant à permettre un traitement rapide par l'IA des lésions potentiellement suspectes. GE HealthCare distribuera SmartMammo et d'autres solutions DeepHealth aux États-Unis dans le cadre de son portefeuille de technologies d'imagerie.

GE HealthCare (GEHC) und DeepHealth von RadNet haben eine strategische Zusammenarbeit zur Förderung von KI in der medizinischen Bildgebungsdiagnostik angekündigt. Die Partnerschaft wird die Expertise von GE HealthCare im Bereich Bildgebung mit den KI-Lösungen von DeepHealth kombinieren, um SmartTechnology™-Lösungen zu schaffen. Ihre erste Initiative integriert die KI-gestützte SmartMammo™ von DeepHealth mit dem Mammographiesystem Senographe Pristina™ von GE, um die Früherkennung von Brustkrebs zu verbessern. Die Zusammenarbeit umfasst Smart Alerts, die eine schnelle KI-Verarbeitung potenziell verdächtiger Läsionen ermöglichen sollen. GE HealthCare wird SmartMammo und andere DeepHealth-Lösungen in den Vereinigten Staaten als Teil ihres Portfolios an Bildgebungstechnologien vertreiben.

Positive
  • Strategic partnership to expand AI technology integration in medical imaging
  • Distribution agreement for SmartMammo and DeepHealth solutions in the US market
  • Integration of AI technology with existing mammography systems to improve diagnostic accuracy
  • Development of Smart Alerts for rapid lesion detection
Negative
  • None.

Insights

<p>This strategic collaboration marks a significant advancement in medical imaging AI integration. The partnership combines <b>GE HealthCare's established imaging hardware expertise</b> with <b>RadNet's DeepHealth AI solutions</b>, particularly in mammography screening. The SmartMammo integration with Senographe Pristina creates a comprehensive breast cancer screening solution that could significantly improve detection rates and workflow efficiency.</p><p>The cloud-native architecture of DeepHealth OS enables seamless updates and maintenance, while Smart Alerts' rapid AI processing capability could revolutionize same-day diagnostics. This technological synergy addresses critical healthcare bottlenecks in image interpretation and reporting, potentially reducing diagnostic delays and improving patient outcomes. The scalability and integration capabilities position this partnership to potentially capture a significant share of the growing medical imaging AI market.</p>

<p>The integration of AI-powered SmartMammo with Senographe Pristina addresses important challenges in breast cancer screening. Clinical significance stems from SmartMammo's demonstrated effectiveness in diverse populations and dense breast tissue, a historically challenging area for mammography. The system's ability to prioritize cases based on suspicion level could lead to <b>earlier detection of aggressive cancers</b> and more efficient resource allocation.</p><p>The collaboration's focus on workflow optimization and rapid AI processing for same-day diagnostics could significantly reduce patient anxiety and improve follow-up compliance - key factors in screening program effectiveness. This partnership has the potential to set new standards in breast cancer screening protocols and patient care delivery.</p>
  • Collaboration will leverage GE HealthCare’s legacy and scale of imaging innovation and RadNet’s DeepHealth AI-powered clinical and workflow solutions to further the innovation, commercialization, and adoption of AI in imaging.
  • Together, GE HealthCare and RadNet’s DeepHealth aim to create SmartTechnology™ solutions that harness the power of AI to help redefine radiology workflows and address key challenges across the imaging value chain to improve speed, clinical accuracy, operational efficiency, and elevate patient care.
  • To demonstrate the promise of this strategic relationship, the collaboration will first work to bring together DeepHealth’s AI-powered SmartMammo™ 1 solution with GE HealthCare’s patient-centric Senographe Pristina™ mammography system to enhance the way women receive breast care.
  • The two companies intend to explore additional areas of collaboration to further expand the access and impact of AI-based workflows in other imaging modalities.

CHICAGO--(BUSINESS WIRE)-- Today, GE HealthCare (Nasdaq: GEHC) and DeepHealth, Inc., a global leader in AI-powered health informatics and a wholly-owned subsidiary of RadNet, Inc. (Nasdaq: RDNT), announced a strategic collaboration to further the innovation, commercialization, and adoption of AI in imaging. Together, the two companies aim to develop SmartTechnology™ solutions that harness the transformative power of AI to address key challenges across the imaging value chain, including helping increase the efficiency of imaging interpretation and reporting, enabling collaboration across care teams, improving the clinical interpretation of images, and enhancing operational efficiency and productivity. These new SmartTechnology solutions will seek to combine GE HealthCare’s imaging expertise and scale, RadNet’s deep experience in care delivery, and DeepHealth’s AI-powered health informatics portfolio to elevate patient care through improved end-to-end clinical and operational workflows.

With the global cancer burden continuing to rise,2 health systems face increasing challenges and seek solutions to enhance early detection and diagnosis when treatment can be most effective. To help address these challenges and demonstrate the promise of this strategic relationship, the two companies will first work to bring together DeepHealth’s AI-based SmartMammo™1 workflow and clinical solution and GE HealthCare’s patient-centric Senographe Pristina™ mammography system to bring AI-powered clinical imaging support to breast cancer screening.

GE HealthCare’s Senographe Pristina mammography system was designed to ease anxiety the moment the patient enters the exam room. It features an inviting gantry with elegant lighting and rounded shapes, as well as a soft-curved surface that welcomes patients into a space of comfort and support – with 83% of patients rating their experience with Senographe Pristina better and more comfortable than previous exams.3

RadNet’s DeepHealth SmartMammo is an AI-powered SaaS solution designed to seamlessly integrate into existing breast cancer diagnostic workflows, enhancing diagnostic accuracy4 and workflow efficiency. By embedding imaging informatics into advanced mammography systems, the solution can support high-volume breast cancer screening programs. The SmartMammo offering will work to prioritize cases based on suspicion level and ensure seamless integration and interoperability with existing healthcare IT infrastructure.

SmartMammo includes: 1) a cloud-native smart enterprise image viewer with PACS functionality that enables fast image loading and real-time data rendering of multimodality images, accessible from any workstation and location, 2) integration with the radiologist worklist and reporting tools to streamline the workflow, and 3) a suite of clinical AI detection tools that offers automatic lesion localization and degree of suspicion that are effective in diverse populations and dense breast tissue.1, 4 The cloud-native architecture of the DeepHealth OS powering SmartMammo simplifies support and maintenance while allowing for seamless feature updates and functionality enhancements without any downtime.

Through this collaboration, the two companies also seek to include Smart Alerts, a DeepHealth workflow solution to be integrated with Senographe Pristina that will utilize rapid AI processing with the goal of alerting imaging sites to cases with potentially suspicious lesions in minutes. This kind of solution aims to empower same-day diagnostic exams, follow-up compliance, and reduced anxiety for women with potentially suspicious findings.

"We are thrilled to collaborate with GE HealthCare to accelerate the adoption of AI-powered technologies in radiology," said Kees Wesdorp, President and CEO of RadNet’s Digital Health division. "By combining our pioneering cloud-native operating system, DeepHealth OS, and our AI-powered health informatics portfolio with GE HealthCare’s cutting-edge imaging technology, we are poised to revolutionize large-scale diagnostic and screening programs, streamline radiology workflows, and improve patient outcomes. This collaboration aims to empower healthcare providers with the tools they need to deliver more effective and personalized care at scale."

“GE HealthCare has a legacy of imaging and AI innovation and is committed to our continued pursuit of new technologies that push the boundaries of what is possible to enable precision care. This new collaboration with DeepHealth harnesses our combined strengths to address critical challenges in healthcare today,” explained Roland Rott, President & Chief Executive Officer of Imaging for GE HealthCare. “As we look to make more personalized, patient-centered breast care a reality – AI continues to show great promise in breast cancer screening from early detection and risk prediction, to reduced callbacks and more efficient workflows for breast imaging providers. We are excited to bring the power of imaging and AI together to elevate personalized breast care for those facing this difficult diagnosis.”

The two companies’ agreement will enable GE Healthcare to distribute SmartMammo and other DeepHealth solutions to imaging providers in the United States as part of GE HealthCare’s comprehensive portfolio of imaging technologies.

In addition to collaborating on SmartMammo, GE HealthCare and RadNet’s DeepHealth intend to explore areas of further collaboration for SmartTechnology solutions in other modalities and clinical domains, to expand the access to and impact of AI-based workflows.

For more information, visit the GE HealthCare (#7330) and DeepHealth (#1340) booths at the Radiological Society of North America 2024 Annual Meeting.

About GE HealthCare Technologies Inc.
GE HealthCare is a leading global medical technology, pharmaceutical diagnostics, and digital solutions innovator, dedicated to providing integrated solutions, services, and data analytics to make hospitals more efficient, clinicians more effective, therapies more precise, and patients healthier and happier. Serving patients and providers for more than 125 years, GE HealthCare is advancing personalized, connected, and compassionate care, while simplifying the patient’s journey across the care pathway. Together our Imaging, Advanced Visualization Solutions, Patient Care Solutions, and Pharmaceutical Diagnostics businesses help improve patient care from diagnosis, to therapy, to monitoring. We are a $19.6 billion business with approximately 51,000 colleagues working to create a world where healthcare has no limits. Follow us on LinkedIn, X, Facebook, Instagram, and Insights for the latest news, or visit our website https://www.gehealthcare.com for more information.

About RadNet, Inc.
RadNet, Inc. is the leading national provider of freestanding, fixed-site diagnostic imaging services in the United States based on the number of locations and annual imaging revenue. RadNet has a network of 398 owned and/or operated outpatient imaging centers. RadNet’s markets include Arizona, California, Delaware, Florida, Maryland, New Jersey, New York and Texas. In addition, RadNet provides radiology information technology and artificial intelligence solutions marketed under the DeepHealth brand, teleradiology professional services and other related products and services to customers in the diagnostic imaging industry. Together with affiliated radiologists, and inclusive of full-time and per diem employees and technologists, RadNet has a total of over 10,000 employees. For more information, visit http://www.radnet.com.

About DeepHealth
DeepHealth is a wholly-owned subsidiary of RadNet, Inc. (NASDAQ: RDNT) and serves as the umbrella brand for all companies within RadNet's Digital Health segment. DeepHealth provides AI-powered health informatics with the aim of empowering breakthroughs in care through imaging. Building on the strengths of the companies it has integrated and is rebranding (i.e., eRAD Radiology Information and Image Management Systems and Picture Archiving and Communication System, Aidence lung AI, DeepHealth and Kheiron breast AI and Quantib prostate and brain AI), DeepHealth leverages advanced AI for operational efficiency and improved clinical outcomes in lung, breast, prostate, and brain health. At the heart of DeepHealth’s portfolio is a cloud-native operating system - DeepHealth OS - that unifies data across the clinical and operational workflow and personalizes AI-powered workspaces for everyone in the radiology continuum. Thousands of radiologists at hundreds of imaging centers and radiology departments around the world use DeepHealth solutions to enable earlier, more reliable, and more efficient disease detection, including in large-scale cancer screening programs. DeepHealth’s human-centered, intuitive technology aims to push the boundaries of what's possible in healthcare. https://deephealth.com/

Forward Looking Statement
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 RadNet, GE Healthcare and DeepHealth’s informatics, hardware and software product portfolios and the collaboration’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.

__________________________

1

Components of SmartMammo are 510(k) pending for use with GE HealthCare. 

2

https://www.who.int/news/item/01-02-2024-global-cancer-burden-growing--amidst-mounting-need-for-services 

3

Data on file, GE Healthcare. 83% of patient assessed the exam as more comfortable than previous. IPSOS Patient Satisfaction Study sponsored by GE Healthcare, conducted with 315 patients across 2 sites in Europe. 

4

Kim et al. Impact of a Categorical AI System for Digital Breast Tomosynthesis on Breast Cancer Interpretation by Both General Radiologists and Breast Imaging Specialists. Radiol Artif Intell. 2024. doi: 10.1148/ryai.230137. 

 

For media inquiries, reach out to:

GE HealthCare

Emily Niles

Global Communications Leader for WHXR

Email: emily.niles@gehealthcare.com

DeepHealth

Andra Axente

Communications Director

Phone: +31 614 440971

Email: andra.axente@deephealth.com

RadNet, Inc.

Mark Stolper

Executive Vice President and Chief Financial Officer

310-445-2800

Source: GE HealthCare Technologies Inc.

FAQ

What is the new collaboration between GE HealthCare (GEHC) and RadNet's DeepHealth?

GE HealthCare and RadNet's DeepHealth announced a strategic collaboration to develop SmartTechnology™ solutions, combining GE's imaging expertise with RadNet's AI-powered health informatics to enhance medical imaging capabilities.

How will SmartMammo integrate with GE HealthCare's (GEHC) mammography system?

SmartMammo will integrate with GE HealthCare's Senographe Pristina™ mammography system to provide AI-powered clinical imaging support, enhance diagnostic accuracy, and improve workflow efficiency in breast cancer screening.

What is the Smart Alerts feature in GE HealthCare's (GEHC) new collaboration?

Smart Alerts is a DeepHealth workflow solution that will be integrated with Senographe Pristina, using rapid AI processing to alert imaging sites about potentially suspicious lesions within minutes.

GE HealthCare Technologies Inc.

NASDAQ:GEHC

GEHC Rankings

GEHC Latest News

GEHC Stock Data

36.94B
442.78M
3.09%
83.51%
1.81%
Health Information Services
X-ray Apparatus & Tubes & Related Irradiation Apparatus
Link
United States of America
CHICAGO