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DICOM Grid secures $6M to pursue Digital Medical Imaging in the Cloud

healthcare systemDICOM Grid announced last week it has secured $6 million to drive product development and create additional strategic integration opportunities with the industry’s leading EHR and RIS providers.

Backed by Canaan Partners, CHL Medical Partners, Mayo Clinic among several other investors, DICOM Grid will respond accordingly to the increased demand for time management and exchange strategy in the healthcare sector, said the company.

“Leading healthcare institutions in the U.S. are adopting our technology to improve the lives of patients,” said Morris Panner, CEO of DICOM Grid. “There is a huge demand for an easy workflow that moves imaging data between locations and across disparate systems…which translates to a smoother experience for the patient.”

Recent studies show that imaging is one of the fastest growing components of medical costs, constituting between 7 and 10 percent of total healthcare expenditures.

Greater Houston Healthconnect, in collaboration with DICOM Grid, will serve 20 counties in Southeast Texas to create community-wide access to diagnostic imaging as the start to something greater.

Phil Beckett, Healthconnect’s Acting CEO and Chief Technology Officer, commented that immediate access to imaging is within reach.

“Being able to electronically retrieve prior imaging will mean providers can make more informed treatment decisions and help to eliminate unnecessary duplicative tests, which are often not reimbursable,” said Beckett. “We believe this will save dollars and reduce radiation exposure for patients.”

DICOM Grid was recognized earlier this month by KLAS Research for top performance ratings among medical image exchange vendors.

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