|[January 29, 2014]
Radisphere to Launch New Software Company Enabling Healthcare Providers to Use Radiology to Improve Patient Outcomes and Lower Cost of Care
CLEVELAND --(Business Wire)--
Radisphere, a leading national radiology practice, today announced plans
to launch an independent software company that will enable health
systems and their existing radiologists to manage the shift toward
value-based care and population health. The new company will sign
non-compete agreements with local radiology groups and will not provide
any radiology interpretations or procedures.
Over the past 12 years, Radisphere has developed a unique set of
intellectual property that has enabled its practice to achieve high
compliance against standards and deliver professional radiology services
across a geographically distributed region. The independent new entity
will sell software and services to health systems and radiologists to
enable standards-based radiology.
Over the next several months, the new company will announce its
management team and detail its products and services. Radisphere CEO and
President Scott Seidelmann, Chairman and Chief Medical Officer Dr. Frank
Seidelmann, and Vice President o Professional Services Alexandrea Fair
will continue to lead the practice and remain focused on providing
professional radiology interpretations to hospitals nationally.
"The new company is predicated on the fact that radiology is one of the
most important service lines in a value-based healthcare environment,"
said Scott Seidelmann. "Radisphere is a very successful national
radiology practice and has developed software and knowledge on how to
deploy and manage standards-based radiology to drive greater healthcare
value. There is demand for this technology and expertise across health
systems that have strong local radiologists in place providing care. We
are building this independent entity to further invest in capabilities
that enable radiologists to engage in population health management,
while Radisphere continues to focus on its core business."
Seidelmann continued: "The mission of the new company is to empower
radiologists and providers to identify and capture the full value of
radiology so they can measurably improve patient outcomes and lower
total healthcare costs in a value-based environment."
Radisphere is a standards-based national radiology group. Its
foundational belief has always been that radiology must be accountable
to defined standards that improve patient outcomes and lower the cost of
care by eliminating errors, variation and waste across the health
system. Radisphere leverages scale and technology to provide
comprehensive around-the-clock radiology coverage through a combination
of hospital-based radiologists and offsite subspecialists. For more
information, visit RadisphereRadiology.com.
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