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RadNet's DeepHealth subsidiary acquires Kheiron Medical Technologies for AI-powered diagnostic solutions

Oct 25, 2024•about 1 year ago

Acquiring Company

DeepHealth

Acquired Company

Kheiron Medical Technologies

CambridgeLondonHealth CareMedical DeviceMedicalArtificial IntelligenceBiotechnologyHealth Care

Description

RadNet Inc.'s subsidiary, DeepHealth, has acquired London-based Kheiron Medical Technologies, a firm specializing in using deep learning AI to aid in the detection of breast cancer. This acquisition expands DeepHealth's portfolio of AI-powered diagnostic and screening solutions and enhances its capabilities to introduce breast cancer solutions in Europe.

Company Information

Company

DeepHealth

Location

Cambridge, Massachusetts, United States

About

DeepHealth is RadNet's AI-powered health informatics subsidiary, created to empower breakthroughs in care delivery. The heart of its portfolio of solutions, the DeepHealth OS, is a cloud-native operating system that orchestrates all data to drive value across the enterprise. DeepHealth aims to elevate the role of the radiologist, beyond radiology and across the entire care pathway. It empowers all users across the care continuum with personalized workflows to make work easier and more meaningful. DeepHealth leverages advanced AI technologies in breast, lung, prostate, and brain health, as well as operational efficiencies to create end-to-end efficiency across the enterprise.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
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