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artificial intelligence investing

RadNet Expands Efforts in AI with DeepHealth Acquisition

Written by Danielle Edwards
|
Mar. 11, 2020 05:35AM PST

RadNet has executed a definitive agreement to acquire DeepHealth, a radiology artificial intelligence (AI) and machine learning company.

RadNet (NASDAQ:RDNT) has executed a definitive agreement to acquire DeepHealth, a radiology artificial intelligence (AI) and machine learning company focused on solutions for the medical interpretation of mammography exams.

As quoted in the press release:

Founded in 2015 and based in Cambridge, Massachusetts, DeepHealth is developing solutions in machine learning and AI to assist radiologists and other clinicians in interpreting images and improving patient care. DeepHealth’s development to date has focused on screening mammography, specifically 3D breast imaging, where the large volume of cases and the difficult nature of their interpretation place significant demand on radiologists.

Click here to read the full press release.

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