SAN DIEGO, Aug. 19, 2020 /PRNewswire-PRWeb/ -- NucleusHealth today announced the acquisition of Nucleus.io, a fully enabled cloud-native imaging and workflow technology platform, by Change Healthcare (Nasdaq: CHNG).
Nucleus.io's advanced cloud native imaging technology, including a zero-footprint diagnostic viewer with patented streaming technology, workflow and image sharing solutions, completes Change Healthcare's next generation medical imaging platform.
This will significantly accelerate Change Healthcare's timeline to implement a complete cloud-based, end-to-end Enterprise Imaging solution with customers. Nucleus.io expands Change Healthcare's addressable market by leveraging the over 7,500 organizations Nucleus.io currently serves.
Change Healthcare's Enterprise Imaging Network (EIN) is the first of its kind, fully managed, cloud native platform. The foundations of the platform, including its Archive and Analytics applications, have been successfully delivered to the market as a cloud-native solution. The combination of both companies' technologies and experienced teams will enable physicians to read, diagnose and collaborate from anywhere, reduce IT complexities and leverage data and Artificial Intelligence (AI) to improve outcomes.
"Now more than ever, customers are seeking ways to lower cost, reduce complexity, protect their patient data and deliver the best care possible. Our next generation Enterprise Imaging Network platform helps meet those needs in ways not previously possible and delivers exceptional value to our customers," said Tracy Byers, senior vice president and general manager, Enterprise Imaging, Change Healthcare. "This transaction will accelerate the realization of our vision and the innovation our industry has been waiting for."
"We began our technology journey eight years ago with the goal of improving patient care by using the power of the web to make medical imaging instantly accessible to patients, providers and hospitals." Said Dr. Vishal Verma, Chief Executive Officer of NucleusHealth. "Change Healthcare was the clear choice when searching for an organization to deliver our technology to the world. We couldn't be happier about the opportunity to have Change Healthcare bring our unified vision to light. Finding a partner that also puts customers and patients first was critical in our evaluation of the exciting opportunity to work with Change Healthcare. We are grateful to our partners and want to thank Triple Tree Capital Partners, Bon Secours Mercy Health and Children's Hospital of Colorado. Our organization will continue to be a user of the Nucleus.io technology as we continue to service our 450 teleradiology facilities. We are very excited about the future of our StatRad teleradiology business and we look forward to continuing to serve our clients in that segment of NucleusHealth."
To learn more about Change Healthcare Enterprise Imaging™, please visit the Enterprise Medical Imaging page.
About NucleusHealth
NucleusHealth is advancing patient care by facilitating medical image interpretation through the company's award winning StatRad teleradiology service. Founded in 1996, by radiologists for radiologists, the company develops and implements forward-thinking solutions for radiology groups. For more information, call us at +1(858)251-3400, visit us at http://www.nucleushealth.io, or connect with us on Twitter or LinkedIn.
SOURCE NucleusHealth
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