STOCK TITAN

RadNet’s DeepHealth, Inc. Signs First Customer Commitment to Deploy a Suite of Solutions Powered by DeepHealth OS

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

RadNet's DeepHealth announced that ONRAD, a national radiology provider serving over 120 facilities and managing 1.4 million exams annually, will implement DeepHealth OS, a cloud-native operating system for radiology services. The system aims to streamline clinical and operational workflows through AI-powered data integration.

ONRAD will implement various solutions including a streamlined viewer, enhanced technology functionalities, and smart reporting features. DeepHealth OS creates personalized AI-powered workspaces for radiology teams, enabling integrated data access and secure collaboration. The technology is currently used by over 350 customers worldwide and will be formally launched at the RSNA conference in December 2024.

DeepHealth di RadNet ha annunciato che ONRAD, un fornitore nazionale di radiologia che serve oltre 120 strutture e gestisce 1,4 milioni di esami all'anno, implementerà DeepHealth OS, un sistema operativo nativo del cloud per i servizi di radiologia. Il sistema mira a semplificare i flussi di lavoro clinici e operativi attraverso l'integrazione dei dati potenziata dall'intelligenza artificiale.

ONRAD implementerà diverse soluzioni tra cui un visualizzatore semplificato, funzionalità tecnologiche avanzate e caratteristiche di reporting intelligente. DeepHealth OS crea spazi di lavoro personalizzati potenziati dall'IA per i team di radiologia, consentendo l'accesso integrato ai dati e la collaborazione sicura. La tecnologia è attualmente utilizzata da oltre 350 clienti in tutto il mondo e sarà ufficialmente lanciata alla conferenza RSNA nel dicembre 2024.

DeepHealth de RadNet anunció que ONRAD, un proveedor nacional de radiología que atiende a más de 120 instalaciones y gestiona 1,4 millones de exámenes anualmente, implementará DeepHealth OS, un sistema operativo nativo de la nube para servicios de radiología. El sistema tiene el objetivo de agilizar los flujos de trabajo clínicos y operativos a través de la integración de datos potenciada por inteligencia artificial.

ONRAD implementará varias soluciones, incluyendo un visor simplificado, funcionalidades tecnológicas mejoradas y características de informes inteligentes. DeepHealth OS crea espacios de trabajo personalizados impulsados por IA para los equipos de radiología, permitiendo el acceso integrado a datos y colaboración segura. La tecnología es utilizada actualmente por más de 350 clientes en todo el mundo y se lanzará formalmente en la conferencia RSNA en diciembre de 2024.

RadNet의 DeepHealthONRAD가 120개 이상의 시설에 서비스를 제공하고 연간 140만 건의 검사를 관리하는 국가 방사선학 공급업체로서 DeepHealth OS를 도입할 것이라고 발표했습니다. 이 클라우드 네이티브 운영 체제는 AI 기반의 데이터 통합을 통해 임상 및 운영 워크플로를 간소화하는 것을 목표로 하고 있습니다.

ONRAD는 간소화된 뷰어, 향상된 기술 기능 및 스마트 보고 기능을 포함한 다양한 솔루션을 구현할 것입니다. DeepHealth OS는 방사선 팀을 위한 개인화된 AI 기반 작업 공간을 생성하여 데이터 통합 접근 및 안전한 협업을 가능하게 합니다. 이 기술은 현재 전 세계 350명이 넘는 고객이 사용하고 있으며, 2024년 12월 RSNA 컨퍼런스에서 공식 출시될 예정입니다.

DeepHealth de RadNet a annoncé que ONRAD, un prestataire national de radiologie qui dessert plus de 120 établissements et gère 1,4 million d'examens par an, mettra en œuvre DeepHealth OS, un système d'exploitation natif du cloud pour les services de radiologie. Le système vise à rationaliser les flux de travail cliniques et opérationnels grâce à l'intégration des données alimentée par l'IA.

ONRAD mettra en œuvre diverses solutions, y compris un visualiseur simplifié, des fonctionnalités technologiques améliorées et des fonctionnalités de rapport intelligentes. DeepHealth OS crée des espaces de travail personnalisés, alimentés par l'IA, pour les équipes de radiologie, permettant l'accès intégré aux données et la collaboration sécurisée. La technologie est actuellement utilisée par plus de 350 clients dans le monde entier et sera officiellement lancée lors de la conférence RSNA en décembre 2024.

DeepHealth von RadNet gab bekannt, dass ONRAD, ein nationaler Anbieter von Radiologie, der über 120 Einrichtungen betreut und jährlich 1,4 Millionen Untersuchungen durchführt, DeepHealth OS implementieren wird, ein cloud-natives Betriebssystem für Radiologiedienste. Das System soll klinische und betriebliche Arbeitsabläufe durch KI-gestützte Datenintegration optimieren.

ONRAD wird verschiedene Lösungen implementieren, darunter einen optimierten Viewer, verbesserte technologische Funktionen und intelligente Berichtsfunktionen. DeepHealth OS schafft personalisierte, KI-gestützte Arbeitsbereiche für Radiologieteams, die integrierten Datenzugriff und sichere Zusammenarbeit ermöglichen. Die Technologie wird derzeit von über 350 Kunden weltweit genutzt und wird auf der RSNA-Konferenz im Dezember 2024 offiziell vorgestellt.

Positive
  • Secured first major customer (ONRAD) for DeepHealth OS implementation
  • Expanding customer base with access to ONRAD's 120 facilities and 1.4M annual exams
  • Technology already utilized by 350 customers worldwide
  • Cloud-native architecture enables scalability and integration with existing systems
Negative
  • None.

Insights

This strategic partnership marks a significant advancement in RadNet's commercialization of DeepHealth OS, securing ONRAD's 1.4 million annual exams as their first major customer. The cloud-native platform's ability to integrate AI applications and streamline workflows positions RadNet competitively in the growing healthcare digitalization market.

The deal validates DeepHealth's technology and could accelerate market adoption, considering ONRAD's extensive network of 120+ healthcare facilities. The platform's modular architecture and AI integration capabilities address critical industry pain points around interoperability and workflow efficiency. With 350 existing customers already using elements of DeepHealth technology, this comprehensive platform deployment could drive significant recurring revenue growth.

  • ONRAD, Inc., a full-service radiology provider to more than 120 hospitals, radiology groups, and imaging centers across the U.S. will implement the first suite of diagnostic solutions powered by DeepHealth OS, a pioneering cloud-native operating system.
  • ONRAD seeks to streamline its diagnostic workflows by providing seamless data integration across clinical and operational workflows and enabling interoperability across different systems, devices, and applications.
  • RadNet’s DeepHealth integrated portfolio of AI-powered health informatics built on the cloud-native DeepHealth OS aims to address challenges across the radiology value chain and provide personalized access to unified clinical and operational data and insights, to improve patient and staff experiences and outcomes.

LOS ANGELES, Nov. 07, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of owned and operated outpatient imaging centers, announced today that ONRAD, Inc. (“ONRAD”), a national full-service radiology provider has selected RadNet’s DeepHealth OS to advance its next generation of radiology services. By utilizing the cloud-native and modular capabilities of DeepHealth OS, ONRAD will implement a customized solutions roadmap targeted to streamline its clinical and operational workflows, enhancing productivity, and ultimately improving patient outcomes through AI-powered, unified data integration.

ONRAD manages more than 1.4 million exams annually and provides comprehensive radiology services to over 120 customer facilities in the U.S., including teleradiology, onsite radiologist staffing, interventional radiology, Quality Assurance/peer review reading, and payor billing.

“We were looking for an innovative, well capitalized technology partner who is committed to commercializing leading-edge radiology solutions,” said Dave Engert, President and CEO of ONRAD. “As our operations expand rapidly, the scalability and reliability of DeepHealth’s cloud-native architecture will play a crucial role in meeting our evolving needs. By transitioning our operations from traditional radiological technologies to pioneering the deployment of a cloud-native imaging workflow ecosystem powered by AI, we are committed to enhancing care delivery for both patients and providers,” Mr. Engert added.

DeepHealth OS is a modular, secure, and scalable cloud-native operating system that creates personalized AI-powered workspaces for teams working across the radiology workflow. The workspaces give all stakeholders access to integrated data in a connected workflow and secure environment, enhancing collaboration, access, and efficiency for radiologists, technologists, and clinical and operating staff.

ONRAD will implement various solutions enabled by DeepHealth OS, including a streamlined and fast viewer, enhanced technology functionalities, and smart reporting features. Additionally, DeepHealth OS will enable ONRAD with efficient integration of proprietary and third-party AI applications into a single Diagnostic Workspace. DeepHealth OS is designed to be interoperable with existing hardware and software systems as a result of its modular and cloud-native architecture.

“We are gratified that ONRAD has chosen DeepHealth OS to power its enhanced radiology services,” stated Kees Wesdorp, PhD, President and CEO of RadNet’s Digital Health division. “With our DeepHealth solutions, we seek to enable an integrated radiology workflow that harnesses advanced AI to address both clinical and operational challenges in high-volume care settings, empowering breakthroughs in care by unlocking the value of imaging. The heart of our portfolio, DeepHealth OS, empowers us to build solutions tailored to different customer needs, all while delivering the latest technology at scale in a way that is human-centric and intuitive to use,” he added.

DeepHealth solutions are trusted by radiologists and healthcare providers across the globe. Key elements of DeepHealth technology are currently used by over 350 customers worldwide. DeepHealth OS serves as the anchor to DeepHealth’s integrated portfolio of health informatics solutions designed to increase operational efficiency, clinical confidence, and better delivery of care. It aims to drive the evolution of existing technologies and systems by promoting the adoption of cloud and AI applications in radiology operations, effectively catering to diverse customer settings and technology environments.

DeepHealth OS will be formally launched and demonstrated at the Radiological Society of North America (“RSNA”) conference in Chicago in December 2024.

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 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 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, Inc.
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 division. 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 (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 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, artificial intelligence solutions, 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.

For DeepHealth media inquiries, please contact:
Andra Axente
Director of Communications
Mobile: +31 614440971
Email: andra.axente@deephealth.com

For RadNet, Inc. media inquiries, please contact:
Mark Stolper
Executive Vice President and Chief Financial Officer
310-445-2800


FAQ

What is RadNet's DeepHealth OS partnership with ONRAD?

ONRAD has selected RadNet's DeepHealth OS to power its next generation of radiology services, implementing AI-powered solutions for streamlined clinical and operational workflows across its network of 120+ facilities.

How many exams does ONRAD manage annually with RadNet's (RDNT) technology?

ONRAD manages more than 1.4 million exams annually across its network of over 120 customer facilities in the U.S.

When will RadNet (RDNT) formally launch DeepHealth OS?

RadNet will formally launch and demonstrate DeepHealth OS at the Radiological Society of North America (RSNA) conference in Chicago in December 2024.

How many customers currently use RadNet's (RDNT) DeepHealth technology?

Key elements of RadNet's DeepHealth technology are currently used by over 350 customers worldwide.

RadNet, Inc.

NASDAQ:RDNT

RDNT Rankings

RDNT Latest News

RDNT Stock Data

5.99B
65.98M
10.63%
87.14%
5%
Diagnostics & Research
Services-medical Laboratories
Link
United States of America
LOS ANGELES