The new partnership provides an opportunity to explore ways to improve patient outcomes and population health.
Boston, MA. November 6, 2017. lifeIMAGE, a Long River Ventures portfolio company and one of the largest medical information networks for images and clinical evidence, recently announced a new collaboration with Google Cloud. lifeIMAGE is working with Google Cloud Platform (GCP) to help mature global precision medicine initiatives by exploring point of care capabilities for physicians, and to aid researchers in the effort to identify, share and improve their understanding of population health.
By joining as a Google Cloud Technology Partner, lifeIMAGE has the opportunity to leverage GCP across our various solutions such as Mammosphere, a patient engagement tool that supports women’s health in mammography. In addition, lifeIMAGE now has the capability to use GCP as an extension of our hybrid network hosting strategy for our customer base.
“Ultimately, what this collaboration aims to achieve is to help clinicians take better care of patients,” said Matthew Michela, President and Chief Executive Officer of lifeIMAGE. “For example, our relationship with Google Cloud will enable us to more easily identify patterns of interest across billions of images to help clinicians make better treatment decisions in real time.”
lifeIMAGE is one of the largest medical information exchange networks that enables access to images and clinical information to more than 150,000 providers at 1,400 facilities across clinical specialties and across institutions globally. By processing billions of images and managing millions of clinical encounters across institutional boundaries, lifeIMAGE enables clinicians, patients and data scientists to make more informed decisions.
With its large digital ecosystem, lifeIMAGE supports the health care innovation lifecycle through our ability to gain novel insights from the data passing through our network. This new relationship with Google Cloud also strengthens the regulatory, compliance, and data management collaborations with our global customers, particularly in life sciences.
“The collaboration with the Google Cloud Platform framework will focus on strategic opportunities to reduce the healthcare cost burden, to manage partner integrations in the digital ecosystem, and to improve the quality of our insights from genomic, radiomic and clinical data sets,” said Janak Joshi, Chief Technology Officer for lifeIMAGE. “We enable machine learning by providing access, scale and speed that are available 24 hours a day, every day.”
Will Cowen, General Partner at Long River Ventures, said, “This announcement of lifeIMAGE joining the Google Cloud Platform framework represents another key milestone in the rapid expansion of lifeIMAGE as a leading healthcare information technology company. Seven out of ten of the top 10 hospitals in the United States use lifeIMAGE (according to US News and World report). We’re proud to have been one of the earliest investors in the company.”
lifeIMAGE is a leading medical image exchange solution connecting health care networks, providers and patients to imaging records, regardless of where exams are performed or stored. They enable access to images and clinical information to more than 150,000 providers at 1,400 facilities across clinical specialties and across institutions globally. Providers use lifeIMAGE to improve the quality and timeliness of care, expand referral business, and eliminate wasteful spending. For more information about lifeIMAGE, please visit the company's website.
About Long River Ventures
Long River Ventures provides early stage capital and support to the next generation of healthcare companies. Long River seeks exceptional entrepreneurs, funding them to support key business milestones in a capital-efficient manner. Long River typically leads or co-leads early stage to early growth rounds of $3-5 million. The firm applies decades of experience, hard-won insight, and powerful networks to help build great companies that can provide superior financial returns while empowering the healthcare system to better accomplish its mission for patients and supporting communities. Long River has offices in Boston and Amherst, Massachusetts.