Radiology Partners, a radiology practice in the U.S., announced that it has formed a strategic alliance with Aidoc, a provider of artificial intelligence (AI) solutions for medical imaging, to offer AI capabilities to its hospitals and health systems, and to accelerate the adoption of AI as the standard of care in radiology.
“AI has the potential to unlock enormous value for the entire health care ecosystem, and I believe our partnership with Aidoc will turn out to be the tipping point for AI in radiology, a medical specialty that has systemic influence on the overall delivery of patient care,” said Rich Whitney, CEO and chairman for Radiology Partners (RP). “RP radiologists interpret nearly one in 10 of all imaging studies conducted in the U.S., and we are fast approaching a world in which AI tools serve as critical skill multipliers for physicians, allowing step-function improvements in patient care and clinical outcomes, and reductions in overall health care costs.”
Aidoc’s solutions support and enhance the impact of radiologist diagnostic power helping them expedite patient treatment and improve quality of care by flagging acute anomalies in real time. The company helps radiologists improve efficiencies that lead to a reduction of inpatient length-of-stay and time in the emergency department, which results in better care and lower costs for the patient, payer and health system. Aidoc is already integrated into the clinical workflow at hundreds of sites around the world, notifying radiologists on millions of cases and improving turnaround time by over 30%.
“Health systems are coming to realize that they need an enterprise approach to AI and that it will become impossible to adopt fragmented, niche AI solutions for every subspecialty,” said Elad Walach, CEO and co-founder of Aidoc. “Over the past four years, we’ve developed the most comprehensive acute AI suite on the market. We doubled the number of products last year and will double the portfolio again this year. A partnership between the clear leader in imaging AI and the dominant player in radiology physician services will accelerate adoption and establish an exciting new standard of care in the radiology field.”
In addition to the broad implementation, as partners, RP and Aidoc will develop new clinical programs and AI-based radiology services to broaden the impact of AI in clinical care. Other areas of collaboration will include real-world data, post-market surveillance, marketing, distribution and physician education, training and feedback.
RP was represented by Sidley Austin LLP and Aidoc was represented by Meitar.