News | Cardiovascular Information Systems (CVIS) | February 18, 2021

Intelerad Acquires Cardiology Information Systems Vendor Lumedx

Acquisition marks Intelerad’s third in six months, expanding ability to provide enterprise imaging and insights and deepening its cardiovascular expertise


February 18, 2021 – Enterprise imaging systems provider Intelerad Medical Systems announced it has acquired Lumedx, a leading provider of healthcare analytics and cardiovascular information systems (CVIS)

On the heels of its recent acquisition of Digisonics Inc., which bolstered the company’s portfolio of solutions for cardiovascular and obstetrics/gynecology. The Lumedx acquisition expands the breadth and reach of Intelerad’s offerings through an expanded suite of solutions, further positioning the company as a leader in the cardiovascular space. 

“Healthcare as we know it has forever changed, and more than ever, providers need automated solutions that allow them to focus on what they do best – treating patients and providing improved patient care,” said Mike Lipps, CEO of Intelerad. “Bringing Lumedx into the Intelerad portfolio further enables our team to provide customers with the most comprehensive enterprise imaging platform in the industry.” 

As a result of the COVID-19 pandemic, cardiovascular procedures declined significantly as elective and other procedures were put on hold. However, this is expected to dramatically rebound in 2021. Delivering a comprehensive enterprise imaging platform — including robust cardiovascular offerings — is critical as hospitals, health systems and imaging centers seek to consolidate their enterprise imaging requirements on a single-vendor platform, further driving clinical efficiency and patient care. 

For more than 25 years, Lumedx helped improve the continuity of care through its cardiovascular data intelligence, cardiovascular information systems (CVIS) and cardiac PACS (CPACS). It also provides analytics for multiple specialties, including orthopedics, neurology, spine and maternal/fetal medicine. The company currently serves more than 650 hospitals and health systems, with proven success in helping customers achieve better patient care. 

The company offers cardiology specific solutions for structured reporting, ECG management, inventory, billing, scheduling. It also is a top provider of American College of Cardiology (ACC) NCDR and Society of Thoracic Surgeons (STS) registry software.

“Over the last two and a half decades, Lumedx has been laser-focused on our vision of delivering an end-to-end suite of software and services that improves continuity of care,” said Allyn McAuley, Ph.D., chief executive officer and co-founder of Lumedx. “Joining forces with Intelerad enables us to further achieve this goal, as well as provide customers increased automation that results in greater clinical efficiency and improved patient care.”

In 2020, Intelerad also acquired Radius, a private cloud platform provider, and was awarded Best in KLAS Recognition for PACS Asia/Oceania in the 2020 Best in KLAS Global Report

The Lumedx acquisition marks Intelerad’s third deal in just six months, extending a period of rapid growth for the company. Financial terms of the acquisition will not be disclosed. 

“Since its beginning, Intelerad has played a critical role in building and delivering technology that helps radiologists work more efficiently and maximize the value they add,” said Jean-Baptiste Brian, Intelerad board member and Partner at Hg, which owns Intellerad. “The addition of Lumedx will further enhance Intelerad’s product offerings while enabling the organization to provide new technologies and capabilities.”

Hg is a leading European investor in software and services, focused on backing businesses that change how we all do business. Hg has funds under management of over $30 billion, with an investment team of over 120 professionals, plus a portfolio team of more than 30 operators, providing practical support to help its businesses to realize growth ambitions. Based in London, Munich and New York, Hg has a portfolio of over 30 software and technology businesses, comprising over 35,000 employees across the U.K., U.S. and Europe. 

For more information: www.intelerad.com/en, www.lumedx.com

 

Related Intelerad and Lumedx Content:

Intelerad Acquires Digisonics to Expand its Enterprise Imaging Workflow 

Lumedx to Demonstrate Value of Advanced Analytics at HIMSS

Consolidation of Cardiology Data and its Integration Into the EMR

Lumedx Showcases Cardiovascular Imaging at RSNA

VIDEO: Lumedx Cardiovascular Performance Program: A New Approach to Managing Quality and Cost

 

Lumedx, DASpecialists Partner to Enhance Cardiovascular Registries Data Collection

Structured Reporting Has Become Key in New CVIS System Adoption

Trends in ECG Management Systems

What to Look for In Echo Reporting Software Systems

What to Look for in a Cardiology Inventory Tracking System

 

Adventist Health System Selects Lumedx Data Intelligence Solutions to Enhance Cardiovascular Care

Advanced Analytics Software for Cardiology

Baylor Scott & White Implements Lumedx Data Solutions

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