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27 November 2017

Analytical Informatics diagnoses acquisition

Hospital radiology software developer Analytical Informatics, a Baltimore spinout, has been bought by technology manufacturer Philips.

Author: Callum Cyrus, reporter

Analytical Informatics, a US-based data analytics spinout of University of Maryland, Baltimore, was acquired by electronics and healthcare group Philips for an undisclosed sum on Friday.

Founded in 2011, Analytical Informatics offers real-time data analysis software for diagnostic radiology department.

The platform can output patient data as search results or visual graphs to strengthen the organisational capacity of clinicians, assisting with tasks such as waiting time management or patient outcome analysis.

The technology is based on research conducted at UMB’s School of Medicine by Chris Meenan, an assistant professor in Maryland’s Department of Diagnostic Radiology and Nuclear Medicine. Analytical Informatics has not disclosed any funding.

Philips expects the acquisition to boost the development of its radiology software business. Meenan has been appointed general manager of Philips’s PerformanceBridge Practice label, a data analytics-based health division that will incorporate the spinout’s services.

Sham Sokka, general manager of radiology solutions at Philips, said: “We will be in an even stronger position to provide our customers with a host of solutions and help them maximise opportunities to do more with less, while delivering patient-centric care.”

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