$2m boost for medical imaging apps firm
This article was originally published in Clinica
Executive Summary
Life Image has raised $2.2m in equity funding to advance its business in developing a web-based system for storing, sharing and accessing patients' medical imaging records. According to Newton, Massachusetts-based Life Image, the US healthcare system wastes $10-15bn each year on unnecessary radiological exams resulting from the lack of access to a patient's prior imaging records. The company aims to build a versatile universal inbox for diagnostic imaging data – these inboxes can be used on the doctor's own network or on a "cloud" to allow sharing of this data among other physicians.