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MEDNAX Radiology Solutions Launches Artificial Intelligence Incubator to Stimulate Innovation While Driving Adoption in Radiology

November 27, 2018

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Nov 27, 2018--MEDNAX, Inc. (NYSE: MD) and MEDNAX Radiology Solutions, one of the nation’s largest radiology practices, has launched the MEDNAX Radiology Solutions Artificial Intelligence (MDR-AI) Incubator. The MDR-AI Incubator brings together radiologists, a rich clinical dataset, and a select group of technology partners that will stimulate innovation and product development in radiology, improving radiologist’s accuracy and efficiency and overall quality of patient care.

There are currently 15 active partners at various levels of engagement that are already delivering value through production use of existing models within the MEDNAX Radiology Common Imaging Platform. Together with its growing network of partnerships, MEDNAX Radiology Solutions has built an ecosystem made up of the largest and most diverse data set, with AI-based natural language processing, access to the leading practice of radiologists providing data curation services, and an ability to validate models on a national scale.

“The MDR-AI Incubator brings together a range of companies, from start-ups to blue-chip technology leaders and innovators, to develop innovative tools in a collaborative, safe and secure environment,” said Imad Nijim, Chief Information Officer of MEDNAX Radiology Solutions and Virtual Radiologic (vRad). “Our approach to AI has always been to develop sound models that have immediate and measurable impact. It will allow medical and technical leaders to build tools that improve the practice of radiology for physicians and their patients. The goal is to deliver something that pushes our entire industry forward.”

“MEDNAX Radiology Solutions and vRad have worked to leverage deep learning in a real-time practice environment,” said Ricardo Cury, M.D., Chief Medical Officer of MEDNAX Radiology Solutions. “This work demonstrates how the right clinical and technical collaboration can empower radiologists, increase their time as doctors and diagnosticians, and ultimately improve patient outcomes. The combination of deep learning technology with large clinical datasets and expertise serves as a model of how cutting-edge technology can develop tools that complement, not supplant, clinicians and improve care. We are encouraged by the manner in which AI can improve how radiologists operate and quickly deliver high-quality, accurate diagnoses to referring physicians.”

MEDNAX Radiology Solutions is recognized as an industry leader, an innovator in healthcare informatics and a pioneer in telemedicine. As the only national practice with a presence in all 50 states, MEDNAX Radiology Solutions serves more than 2,100 hospitals, health systems, clinics and imaging centers nationwide, reading upwards of 11.7 million studies annually through more than 750 board-certified radiologists, most of whom are subspecialty-trained. By delivering clinical excellence and continuous coverage through a combination of seamless on-the-ground and in-the-cloud radiology solutions, MEDNAX Radiology Solutions offers customized, comprehensive solutions to drive demonstrated growth and value.

For more information, please visit www.mednax.com/rsna18 and www.mednax.com/radiology.

ABOUT MEDNAX

MEDNAX, Inc. is a national health solutions partner based in Sunrise, Fla. comprised of the nation’s leading providers of physician services. Physicians and advanced practitioners practicing as part of MEDNAX are reshaping the delivery of care within their specialties and subspecialties, using evidence-based tools, continuous quality initiatives, clinical research and telemedicine to enhance patient outcomes and provide high-quality, cost-effective care. The Company was founded in 1979, and today, through its affiliated professional corporations, MEDNAX provides services through a network of more than 4,225 physicians in all 50 states and Puerto Rico. In addition to its national physician network, MEDNAX provides services to healthcare facilities and physicians in over 40 states through two complementary businesses, consisting of a revenue cycle management company and a consulting services company. Additional information is available at www.mednax.com.

About vRad

vRad (Virtual Radiologic) is the nation’s leading cloud-based radiology solutions and telemedicine company with approximately 500 U.S. board-certified and subspecialty trained physicians. Its clinical expertise and evidence-based insight help clients make better decisions about the treatment and health of their patients, as well as their imaging services. vRad is a MEDNAX Company (NYSE: MD), a national health solutions partner specializing in anesthesiology, neonatology, maternal-fetal medicine, other pediatric services, radiology and management services. vRad interprets and processes patient imaging studies on the world’s largest and most advanced cloud-based radiology PACS for more than 2,100 client hospital, health system and radiology group facilities in all 50 states. The practice has 18 issued patents for innovation in telemedicine workflow and is a recognized leader in imaging analytics and deep learning-assisted diagnostics. It is also a recipient of Frost & Sullivan’s Visionary Innovation Award for Medical Imaging Analytics (North America). For more information, visit www.vrad.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181127005192/en/

CONTACT: Jennifer Gutierrez

Corporate Communications Specialist

954-384-0175 ext. 5684

jennifer_gutierrez@mednax.com

KEYWORD: UNITED STATES NORTH AMERICA FLORIDA

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE HEALTH RADIOLOGY GENERAL HEALTH

SOURCE: MEDNAX, Inc.

Copyright Business Wire 2018.

PUB: 11/27/2018 06:45 AM/DISC: 11/27/2018 06:45 AM

http://www.businesswire.com/news/home/20181127005192/en

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