Digital Healthcare

Leading European Provider of Teleradiology, TMC, Applies Medical Intelligence to Improve Patient Outcomes Across Entire Continuum of Care

TMC, a Unilabs company, has selected Enlitic, an emerging healthcare technology company, to provide medical intelligence software that will improve operational efficiencies and outcomes across the entire continuum of care for TMC's radiologists and patients.

With technology playing an increasingly critical role in every aspect of business, healthcare leaders are recognizing the need to invest in AI solutions that go beyond detection and triage to focus on clinical operations, integration, accessibility, and clinician quality of life.

"Our core purpose is to ensure the best possible outcomes for our patients, and that means speed, accuracy, and reliability," said Henrik Agrell, CEO of TMC. "By standardizing data and delivering actionable medical intelligence, Enlitic makes life easier for our radiologists and lets them concentrate on what they do best – high-quality diagnostics."

By incorporating Enlitic's software with their Sectra PACS, TMC's radiologists can focus on the interpretation and the quality of care, as well as increasing their ability to keep up with volume and demand. All the while still maintaining quality patient outcomes. Enlitic has worked with some of the largest radiology practices around the world and has found that one of the biggest issues is image naming conventions and protocols. The company's most recent application, Standardize, solves this problem saving radiologists time and improving outcomes for both the radiologist and the patient.

"TMC is a perfect customer for us. They have a vision to improve their business through data intelligence and they were collaborative, listened and gave us the chance to help them. With our solutions we're able to put our customers on the best path for success."

Jim Conyers, CEO, Enlitic

ABOUT ENLITIC
Enlitic is a pioneer in developing the next generation of intelligent healthcare tools. Founded in 2014, the company takes a different approach to solving today's healthcare challenges addressing them throughout the clinical workflow – not just at one point in the process. Using Enlitic's AI-powered workflow solutions healthcare organizations can unlock the true value of their data in real-time providing time-saving solutions that help change patient lives, while giving clinicians and radiologists more freedom to focus on what's important on the job and in their everyday lives. 

ABOUT TMC
Telemedicine Clinic (TMC), founded in 2002, is a sub-specialist radiology center that provides day and night reporting services and support to more than 100 public service hospitals and local health authorities in Europe. We have 300+ accredited sub-specialist radiologists who focus on specific diagnostic areas that include Neuro, Body, Musculoskeletal, Emergency and Nuclear Medicine. Our structured focus gives us the added edge to guarantee delivery of high-quality readings in a timely manner. 

ABOUT UNILABS
Unilabs is one of Europe's largest diagnostics companies, offering a complete range of laboratory, pathology, and imaging services to patients all around the world. A leading digital champion covering the full diagnostic spectrum, Unilabs' 12,000 employees save lives every day.

Unilabs is fully engaged in the fight against Covid-19 – investing heavily in technology, equipment, and people to deliver fast, reliable Covid-19 tests. Using dedicated new labs in Portugal, the Netherlands, Switzerland, the UK and the UAE, Unilabs' capacity is more than 500,000 Covid-19 tests per week – and rising.

Spotlight

Other News
Health Technology, Digital Healthcare

Montage Health Launches Innovative At-Home Patient Monitoring Service

Montage Health | September 22, 2023

Montage Health Connected Care has launched an advanced service to enhance the quality and accessibility of healthcare for patients. This home-based patient monitoring service, supported by Cadence, is designed to offer proactive healthcare to individuals managing chronic medical conditions. Dr. Mark Carvalho, Chief Executive Officer of Montage Medical Group, explained that the program lessens the need for emergency department visits by extending care directly to patients' homes. He emphasized that this approach offers mutual advantages for patients and healthcare providers. Patients can gain access to an expanded care team from the comfort of their homes. At the same time, he added that clinicians will benefit from improved insights into disease progression and receive support from a nurse-practitioner-led care team, ultimately enhancing patient safety. Montage Health's advanced remote care initiative represents a significant progression in its dedication to providing exceptional, personalized, value-based healthcare tailored to individual needs and objectives. This program combines cutting-edge remote monitoring technology with a clinical care team under the direction of nurse practitioners to enable real-time collection, analysis, and response to patients' vital signs. It will support patients with medication management, laboratory assessments, and coaching to ensure outstanding healthcare and promote optimal well-being. The process involves the daily use of smart devices for remote vital sign monitoring and remote care telephone consultations involving a diverse healthcare team. Chris Altchek, CEO and Founder of Cadence said, Montage Health exemplifies best-in-class preventative, restorative, and coordinated care with their strong track record of innovative programs and collaborative partnerships. [Source – Business Wire] Medicare beneficiaries will gain access to this offering at Montage Medical Group locations, resulting in reduced healthcare costs. This will also empower healthcare professionals to provide patients with better, more effective care. About Montage Health Montage Health is a local non-profit organization that delivers exceptional healthcare and promotes optimal health. The company strives to provide coordinated care that meets individual needs through its subsidiaries and partnerships with healthcare providers and community organizations. Its entities include Community Hospital of the Monterey Peninsula, Montage Medical Group, Montage Health Foundation, Montage Wellness Center, Aspire Health, and MoGo Urgent Care. About Cadence Cadence is a healthcare technology firm that assists the most patient-focused healthcare systems in consistently delivering proactive healthcare. The company's remote patient intervention solution blends technology and clinical expertise to deliver a tailored and precise standard of care that extends beyond the hospital's physical boundaries.

Read More

Health Technology, Digital Healthcare

Aspect Imaging to bring Improvements in NICUs for Vizient

Aspect Imaging | September 25, 2023

Aspect Imaging, a global leader in MRI systems for neonatal patients, has been awarded an Innovative Technology contract by Vizient, the nation's largest provider -driven healthcare performance improvement company. This contract recognizes the unique qualities of Aspect Imaging's Embrace Point of Care Neonatal MRI System and its potential to bring improvements to the healthcare industry. The Embrace Point of Care Neonatal MRI System is designed specifically for the imaging needs of prematureand newborn infants, making it a critical tool in neonatal intensive care units (NICUs). The Embrace is the world's first FDA-cleared and CE-approved MRI system for neonatal patients. It is designed to be placed directly within NICUs, overcoming the size and risk limitations associated with adult MRI scanners. The system includes features such as a temperature-controlled patient bed and a Whisper Quiet sound profile to meet the specific care needs of neonatal patients. This technology enables safer and more accessible MRI imaging for fragile neonatal patients and provides critical information to the clinical care team. Chief Commercial Officer at Aspect Imaging, Wendy Slatery, stated, It is an honor to have the Embrace recognized by the clinical experts at Vizient, as an Innovative Technology, and an exciting opportunity to bring valuable solutions to Vizient customers. We are looking forward to working with Vizient members seeking to expand and elevate neurocritical care of the smallest patients while reducing patient risks and staff time associated with transporting newborns to a traditional MRI. The Embrace MRI gives the neonatal medical team access to information from the life’s first hours and throughout the patient’s time in the NICU, on which critical care decisions will be based. [Source: Business Wire] Vizient's provider customer-led councils recommended the Embrace system for an Innovative Technology contract after evaluating its potential to enhance clinical care, patient safety, and healthcare worker safety, or improve business operations in healthcare organizations. The recognition and award of this contract highlight the potential of the Embrace Point of Care Neonatal MRI System to improve neurocritical care for the smallest patients while reducing risks associated with transporting newborns to traditional MRI facilities. About Aspect Imaging Aspect Imaging, a pioneering force in the field, stands as the global frontrunner in crafting and advancing compact MR imaging systems tailored for both research and clinical use. Their groundbreaking technology centers on compact, high-performance permanent magnets, introducing transformative MRI solutions to tackle unmet requirements in research and medical contexts. These innovations ensure the delivery of the finest quality images, whether at the benchtop or in point-of-care scenarios.

Read More

Health Technology, Digital Healthcare

Virgin Pulse and HealthComp Announce Intent to Merge to Create Comprehensive Employer Health Platform

PR Newswire | September 29, 2023

Virgin Pulse, a leading global digital-first health, wellbeing, and navigation company, today announced its intent to merge with HealthComp, a next-generation benefits and analytics platform. The merger will create a technology and data powered health platform-as-a-service organization poised to tackle some of the industry's biggest challenges. The combined entity will aim to improve health outcomes and lower costs for members and employers by empowering better information and decision making. By using an advanced technology and data platform that leverages AI, the combined organization will deploy innovative and flexible health plan designs that drive improved member health outcomes, engagement, and awareness across the most important aspects of a person's healthcare journey. As the healthcare industry evolves, the desire for an integrated experience in the employer-sponsored benefits ecosystem has grown exponentially. This combination will create a set of assets that will integrate plan design, plan management, payment integrity, health navigation, preventative care, and digital therapeutics through the Homebase for Health® user-centric platform. Together, the combined entity expects these assets will create a better experience and lower costs for members and employers, while providing expanded opportunities for insurers and brokers to continue to partner with the combined entity. "This combination with HealthComp creates a new category in the health space that will change the way employers address the two-fold challenge of reducing costs and improving member outcomes. Our two companies have a shared mission to improve individual outcomes by engaging users early and often, and making health and wellbeing more accessible, affordable, and personal for all," said Chris Michalak, Virgin Pulse CEO. "Together, we are addressing a problem that has plagued the industry for years – a misaligned, complex benefit structure that results in unmet needs and escalating costs. We are eliminating waste, friction, and preventable risks by putting members and their needs at the center of the ecosystem." "Self-insured employers pay for almost half of the nation's healthcare expenditures and now require more innovative and affordable solutions," said Chad Harris, HealthComp CEO. "With concierge-level service, rich analytics, and expert medical cost management, HealthComp ensures that employers can make informed benefits decisions that align with the needs of their employees and businesses. Powered by Virgin Pulse's daily wellbeing engagement and data-driven personalization, this transaction creates an end-to-end platform that will radically lower costs and improve member outcomes." [Source – PRNews Wire] "The combination of Virgin Pulse and HealthComp creates the first national value-based care platform company focused on employee health and outcomes. We are excited to work with Morgan Health, Blackstone, and Marlin to bring innovation at scale to this market," said Matt Holt, President, Private Equity and Managing Director at New Mountain Capital. "We have been working to build an innovation platform company in the employer space for more than five years. This transaction represents a significant milestone by forming a leading platform-as-a-service company focused on delivering better outcomes and greater affordability," added Kyle Peterson, Managing Director at New Mountain Capital. "The employer-employee health landscape is ripe for change and the mission of the combined HealthComp and Virgin Pulse is aligned with Morgan Health's mission to improve the quality, equity, and affordability of employer-sponsored health care," said Dan Mendelson, CEO of Morgan Health. Upon closing of the transaction, Chris Michalak will serve as CEO of the combined entity, where he will continue building upon the Homebase for Health vision and expanding the value proposition for clients and the market at large. The combined entity will serve more than 20 million members and address costs for more than 1,000 self-insured employers. HealthComp's powerful analytics will also benefit Virgin Pulse's health plan and health system clients by providing closed-loop data on health outcomes and the true ROI of investing in member experience and wellbeing programs. The merger is expected to close in Q4 2023, subject to regulatory approvals and satisfaction of all closing conditions under the definitive agreement. Financial details of the transaction have not been disclosed. HealthComp is backed by New Mountain Capital and Virgin Pulse is backed by Marlin Equity Partners. New Mountain Capital will be the majority owner of the combined entity. Blackstone Credit has committed to support the deal with strategic financing. J.P. Morgan Securities LLC acted as financial advisor to HealthComp. HealthComp's legal counsel was Ropes & Gray LLP. Evercore acted as financial advisor to Virgin Pulse, with Kirkland & Ellis LLP and McDermott Will & Emery LLP serving as legal advisors. About Virgin Pulse Virgin Pulse is a leading digital-first health, wellbeing, and navigation company that empowers organizations across the globe to activate populations, improve health outcomes, and reduce spend in an era of accelerating cost and complexity. Virgin Pulse's Homebase for Health® connects data, people, and technology to deliver high tech, human touch experiences that engage and reward individual journeys. Virgin Pulse impacts over 100 million people across 190 countries by helping Fortune 500, national health plans, and many other organizations change lives – and businesses – for good. About HealthComp HealthComp, a New Mountain Capital company, has a customized and responsive approach to health benefits administration. We advocate for our members to get the best possible care suited for their unique needs. Our next generation benefits and analytics platform brings together concierge-level service, best-in-class operations, powerful analytics, and expert medical cost management. HealthComp integrates seamlessly with any benefits ecosystem to drive a personalized experience that delivers higher clinical outcomes at lower costs. HealthComp has offices in California, Illinois, Kentucky, West Virginia, Louisiana, and Pennsylvania. About New Mountain Capital New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. The firm currently manages private equity, credit and net lease investment strategies with over $45 billion in assets under management. New Mountain seeks out what it believes to be the highest quality growth leaders in carefully selected industry sectors and then works intensively with management to build the value of these companies. About Marlin Equity Partners Marlin Equity Partners is a global investment firm with approximately $9 billion of capital commitments. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthen a company's outlook and enhance value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 200 acquisitions. About Morgan Health Morgan Health is a JPMorgan Chase business unit focused on improving employer-sponsored health care. Through its investments and the advancement of accountable care, Morgan Health is working to improve the quality, equity and affordability of employer-sponsored health care for JPMorgan Chase employees, their families and the U.S. health system. The business is led by Dan Mendelson, CEO of Morgan Health, reporting to Peter Scher, Vice Chairman of JPMorgan Chase & Co. and a member of the firm's Operating Committee. Morgan Health is headquartered in Washington, D.C. About Blackstone Blackstone is the world's largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis.

Read More

Health Technology

Ovation Healthcare Expands Portfolio with Launch of Tempo Technology Services

PR Newswire | October 25, 2023

Ovation Healthcare, a premier provider of shared services to independent hospitals and health systems nationwide, today announced the launch of Tempo Technology Services (Tempo). Tempo will complement the Ovation Healthcare portfolio with managed and professional IT services in addition to procurement of hardware, logistics services, and other devices to simplify decision making and optimize clinical and operational performance. said Ovation Healthcare CEO Dr. Dwayne Gunter. We're thrilled to announce the launch of Tempo, which is designed to revolutionize the way hospitals manage their clinical operations. Tempo creates value for our client hospitals and health systems by delivering innovative technology solutions that promote efficiency, transparency, and most importantly, better health outcomes. [Source:PR Newswire] Through a portfolio of tech-enabled shared services, Ovation Healthcare helps independent hospitals outperform their peers in financial, operational, and quality metrics through leverage and economies of scale. The addition of Tempo's services will further support hospitals and health systems in optimizing technology investments, maintaining regulatory compliance, and adopting new capabilities. About Ovation Healthcare Headquartered in Brentwood, Tenn., Ovation Healthcare is partnered with 375+ clients in 47 states from critical access hospitals to large health systems. For 45 years, Ovation Healthcare has supported nonprofit, independent healthcare through a portfolio of shared services – Octave Leadership Advisory Services, Elevate Supply and Expense Management Solutions, Amplify Revenue Cycle Management, Cadence Clinical Services, and Tempo Technology Services – designed to provide scale and efficiency to hospital business operations.

Read More