Radiology
Search documents
Hyperfine, Inc. to Participate in Upcoming Piper Sandler 37th Annual Healthcare Conference
Businesswire· 2025-11-20 21:05
Core Points - Hyperfine, Inc. will present at the Piper Sandler 37th Annual Healthcare Conference on December 4th at 8:10 AM ET [1][12] - The company is known for its Swoop® system, the first FDA-cleared AI-powered portable MRI for brain imaging [1][4] Company Overview - Hyperfine, Inc. is a health technology company focused on revolutionizing brain imaging with its portable, ultra-low-field MRI system [4] - The Swoop® system is designed for brain imaging across all ages and provides clinically relevant diagnostic imaging [3][4] - Founded by Dr. Jonathan Rothberg, the company aims to make diagnostic imaging more accessible globally [4] Upcoming Events - A live audio webcast of the conference presentation will be available on Hyperfine's investor page [2] - Management will also conduct in-person meetings during the conference [2]
GE HealthCare to acquire Intelerad, advancing cloud-enabled enterprise imaging across care settings
Businesswire· 2025-11-20 21:05
Core Insights - GE HealthCare has announced the acquisition of Intelerad for $2.3 billion in cash, emphasizing its commitment to cloud-enabled and AI-powered healthcare solutions [1][5][6] - The acquisition aims to triple GE HealthCare's cloud-enabled product offerings by 2028, enhancing its capabilities in both inpatient and outpatient care settings [1][2][6] Company Overview - Intelerad is a prominent provider of medical imaging software and digital workflow solutions, particularly in outpatient care, which complements GE HealthCare's hospital-based imaging leadership [2][12] - The combined capabilities of GE HealthCare and Intelerad will create a comprehensive, cloud-first imaging solution that spans various care settings, including academic medical centers and ambulatory networks [2][6] Strategic Fit and Benefits - The acquisition is expected to accelerate GE HealthCare's digital transformation by creating a fully connected imaging ecosystem that includes outpatient, teleradiology, and hospital settings [5][6] - It will enhance GE HealthCare's portfolio with AI and workflow orchestration capabilities, contributing to a SaaS business model that is anticipated to generate high recurring revenues [5][6][8] Financial Projections - GE HealthCare estimates that Intelerad will generate approximately $270 million in revenue in its first full year, with around 90% of this being recurring revenue and an EBITDA margin exceeding 30% [8] - The transaction is expected to be immediately accretive to top-line growth and Adjusted EBIT margin, although it may be slightly dilutive to Adjusted EPS in the short term due to financing costs [8][9] Market Opportunity - The acquisition allows GE HealthCare to tap into a $2 billion-plus growth segment in outpatient enterprise imaging, with cloud-based solutions projected to grow at a double-digit rate in the medium term [7][8] - The demand for integrated solutions that enhance operational efficiencies is driving this growth, aligning with the broader trend of shifting procedures to outpatient settings [7][8]
RadNet’s DeepHealth Announces Wichita Radiological Group as First Operations Suite™ Customer
Globenewswire· 2025-11-20 11:00
Core Insights - DeepHealth's Operations Suite™ has been selected by Wichita Radiological Group (WRG) to modernize its operations and enhance patient-centered care coordination across its multi-site network [1][2][3] Company Overview - DeepHealth is a wholly owned subsidiary of RadNet, Inc. and specializes in AI-powered health informatics aimed at improving operational efficiency and clinical outcomes in imaging [7] - RadNet, Inc. is a leading provider of diagnostic imaging services in the U.S., operating 407 outpatient imaging centers and employing approximately 11,000 team members [6] Product Features - The Operations Suite™ offers a modular suite of AI-powered applications designed to streamline operational workflows, enhance productivity, and improve staff experience through task automation and data interoperability [2][4] - Key capabilities of the Operations Suite™ include workflow automation for patient intake and scheduling, integration of data across systems, and role-specific experiences to optimize resource utilization [4][10] Strategic Goals - The five-year agreement between DeepHealth and WRG aims to improve efficiency, boost collaboration, and strengthen care coordination within the imaging practice [2][4] - The Operations Suite™ is expected to transform operational workflows from scheduling to billing, ensuring a more personalized and transparent patient experience [3][4] Market Position - The selection of DeepHealth's Operations Suite™ by WRG reflects a trend among forward-thinking practices preparing for the future of imaging through modernization and AI integration [4] - DeepHealth is positioned as a trusted partner in the radiology sector, focusing on reducing administrative burdens and enhancing care delivery [4][7]
The Agfa-Gevaert Group in Q1 2025: adjusted EBITDA stable versus Q1 2024 – improved mix and good cost control compensated for film market decline
Globenewswire· 2025-05-14 05:45
Core Insights - The Agfa-Gevaert Group reported stable adjusted EBITDA in Q1 2025 compared to Q1 2024, with improved sales mix and effective cost control offsetting declines in traditional film markets [1][5][10]. Financial Performance - Total revenue decreased by 3.2% from €250 million in Q1 2024 to €242 million in Q1 2025 [4][10]. - Adjusted EBITDA remained stable at €2 million, representing 0.9% of revenue, up from 0.7% in Q1 2024 [4][10]. - The net loss for the period was €20 million, slightly improved from a loss of €21 million in Q1 2024 [4][10]. Division Performance HealthCare IT - Revenue increased by 12.0% to €57 million, with adjusted EBITDA rising from €1.3 million to €5.0 million [2][9]. - The division saw a 63% increase in rolling order intake over 12 months, with a significant share from new customers and cloud-related contracts [11]. - Gross profit margin improved from 43.8% to 47.9% [11]. Digital Print & Chemicals - Revenue grew by 5.8% to €97 million, with adjusted EBITDA increasing from €1.0 million to €2.3 million [13][17]. - Ink sales rose by 16%, although equipment sales were affected by a weaker investment climate [17]. Radiology Solutions - Revenue declined by 15.6% to €73 million, with adjusted EBITDA dropping to -€4.5 million [15][16]. - The division faced challenges due to a significant decline in medical film markets, particularly in China [5][10]. Contractor Operations - Revenue decreased by 29.1% to €15 million, with adjusted EBITDA down by 30.6% [18]. Outlook - The company expects continued strong performance from growth engines in 2025, with a stronger second half anticipated due to seasonal factors [8][10]. - Cost optimization measures for traditional film activities are expected to yield initial savings in the second half of 2025 [1][5].