Riverain gets FDA approval of lung cancer-detection software

Riverain Technologies has received regulatory approval for the next-generation version of its imaging software that “suppresses” bones to help radiologists detect cancerous lung nodules.OnGuard 5.2, the latest version of the software, uses pattern recognition and machine learning technologies to essentially allow radiologists to see behind ribs and clavicles that often obscure lung abnormalities. OnGuard also [...]

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EXCMR readies clinical pilot of MRI-compatible heart-test treadmill

Ohio State University spinoff EXCMR is preparing for a fourth-quarter launch of a four-site clinical test of its MRI-compatible treadmill for heart-stress testing.The clinical test’s chief goal is to compare the performance of the company’s stress test against competing alternatives and fine-tune the treadmill’s design, plus its installation and servicing processes.“Launching this pilot is an [...]

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Advanced imaging firm Imalux hires ex-Philips executive as COO

Advanced medical imaging company Imalux has hired a former executive with Philips Healthcare for its newly created position of chief operating officer.James Fulton has joined the Cleveland-based provider of advanced medical imaging systems and will hold the title of president in addition to COO, according to a statement from the company. Fulton is a 30-year [...]

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Samsung wants to dominate medical imaging market

Maybe it’s a sign that the hospital capital spending market is on its way back. Consumer electronics giant Samsung (SEO:005930) plans to drop $1.1 billion on medical imaging companies in the coming decade as it looks to bump shoulders with the likes of Philips Healthcare (NYSE:PHG), GE Healthcare (NYSE:GE) and Siemens AG [...]

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FDA premarket notification rules for radiology medical devices may change

The U.S. Food & Drug Administration may relax premarket notification requirements for certain in vitro diagnostic and radiology devices, according to a draft guidance issued by the agency this week.The draft guidance lists 30 different device types that the FDA intends to exclude from 510(k) requirements, including common urine and blood [...]

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Philips secures Sectra’s mammography technology

Sectra (OMX:SECTB) announced that it sold its MicroDose mammography sector to Royal Philips Healthcare (NYSE:PHG) this week.Philips paid $82 million in cash up front, and the agreement includes room for $18 million more pending specially agreed terms and conditions.About 110 Sectra employees are expected to transfer with the business.“This is an excellent transaction [...]

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Medtronic stands to gain from likely CMS reversal on MRI-safe pacemakers

There are some confusing reports out there that appear to suggest that Medicare will now pay for MRI scans for patients with MRI-safe implanted pacemakers. Uh, not yet. Although the chances for this seem to have just improved. Earlier this week, the Centers for Medicare and Medicaid put out a memo, also known as the [...]

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GE Healthcare acquires Minneapolis-based MRI company

A Minneapolis-based MRI company has been bought by General Electric Healthcare. Steady State Imaging was acquired for an undisclosed amount.SSI is based on the Swift technology developed at the University of Minnesota by which tendons, ligaments and other tissues can be seen during an MRI. That kind of visualization is not available in conventional imaging [...]

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Riverain Medical’s imaging software boasts ’bone suppression’ technology

With regulatory approval in hand, Riverain Medical is looking to boost sales of its imaging software that the company says can help radiologists better diagnose lung disease via its “bone suppression technology.”The Dayton, Ohio-area company last year received 510(k) clearance on two imaging software products and has thus far completed about 30 customer installations. But [...]

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Will Minnesota health IT startup survive its rocky start?

Medical imaging software company OnPoint Diagnostics has separated from the incubator that gave it life. But OnPoint seems to be recovering from a rocky start. OnPoint’s software automates a mandatory accreditation process required of hospitals and imaging centers to get federal reimbursement for MRI scans.

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