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Philips expands its Radiology Solutions portfolio with Analytical Informatics deal

by Thomas Dworetzky, Contributing Reporter | November 27, 2017
Business Affairs
Royal Philips has acquired the U.S. startup Analytical Informatics for an undisclosed sum, it reported Friday.

The deal will help expand its own initiatives and speed its plans to build up Philips Radiology Solutions.

“Integrating Analytical Informatics’ software tools and applications into our current offerings will enable us to accelerate the delivery of next-generation technology, software and services, to bring the power of operational intelligence and decision support to radiology,” Sham Sokka, General Manager of Radiology Solutions at Philips said in a statement. “We’ll be in an even stronger position to provide our customers with a host of solutions and help them maximize opportunities to do more with less, while delivering patient-centric care.”

The acquired firm began life in 2011 as a University of Maryland, Baltimore, startup. It is based on technology licensed from the University of Maryland School of Medicine.

Analytical Informatics workflow tools and applications will be integrated into PerformanceBridge, which allows imaging departments to make better decisions concerning performance – specifically it helps organizations to “optimize assets, uptime, utilization, practice, compliance and staff at the imaging department and enterprise level,” according to the company.

PerformanceBridge implementation is aided by a team of advisors. “With an understanding of your workflow and evidence-based practices, our advisors will analyze your data regularly to understand which processes are working well and which processes are in need of improvement. Their analyses will help identify gaps and include recommended actions that can help drive improved performance outcomes,” advises Philips.

Another of its applications, PerformanceBridge Practice, a data-driven management system that leverages Philips' integrated suite of technologies, will also see enhancements through integration of Analytical Informatics tools.

It offers in-depth analysis of a client's organization, which includes personalized assessment that maps out strategic goals, comparisons and performance benchmarking against like networks and systems, data insights, and continuous monitoring of performance, and tailors solutions to the specific challenges faced by individual clients.

When Analytical Informatics products launched at RSNA in 2016, they included:

Checklist – which identifies and manages follow-up recommendations and critical results.

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