Radiology Business October 1, 2022
Dave Pearson

Suggesting the move will significantly advance radiology’s specialtywide imperative to “ditch the disk,” Montreal-based Intelerad Medical Systems has announced it is acquiring a longtime competitor in the image-exchange space.

That would be Life Image of Newton, Mass.

Intelerad says the purchase creates the single largest medical image-exchange network in the world, following as it does not long after Intelerad’s acquisitions of PenRad Technologies earlier this year and Ambra Health last year.

In fact, the company tells Radiology Business that the approximately half-a-billion dollar investment mentioned in a Sept. 15 announcement “includes this acquisition of Life Image, Intelerad’s acquisition of Ambra, and the company’s R&D/additional spend and investment in image exchange.”*

In the announcement, Intelerad suggests the addition of Life Image...

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Topics: Health IT, HIE (Interoperability), Investments, Provider, Radiology, Technology, Trends
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