Press release

Intelerad Commits $75 Million to R&D for New AI and Cloud-Based Medical Imaging Software Solutions

Sponsored by Businesswire

For over 20 years, Intelerad Medical Systems, a leader in enterprise
workflows, has been contributing to higher efficiency and effectiveness
for healthcare professionals while ensuring better care for patients.
Today, Intelerad announced a $75 million investment in Research and
Development to further that mission and extend its growing solutions

“Medical imaging has undergone a significant transformation over the
past 20 years, and Intelerad has been at the forefront of that
evolution,” Mr. Paul Lepage, President and CEO of Intelerad said. “We
are proud to support customers around the world in providing the highest
standard of healthcare services.”

Well aware of the challenges facing health systems globally – namely
patient engagement, access to care, performance and chronic disease
management – Intelerad offers concrete solutions. “We will continue to
make a difference in healthcare by delivering scalable, enterprise-wide
medical imaging solutions for healthcare providers and their patients,”
Lepage said.

On a daily basis, Intelerad solutions enable radiologists to perform
more than 200,000 diagnostic interpretations worldwide. The company’s
$75 million investment and ongoing focus on creating innovative,
market-leading solutions for a global customer base is expected to fuel
a twofold increase in study volume. Intelerad technology simplifies
everyday tasks for radiologists and other healthcare professionals,
enabling them to optimize efficiency and apply their expertise and
energy toward more personalized services and follow-ups for every

With an emphasis on cloud technology and artificial intelligence,
Intelerad is focused on providing innovative Software as a Service
(SaaS) solutions for healthcare. For example, the cloud-based
Clairvoyance productivity dashboard will incorporate machine learning
technology to provide predictive insights to imaging departments,
enabling real-time, data-driven decisions that contribute to higher
quality, more timely care and better outcomes for patients.

Over the last three years, Intelerad has expanded its employee base by
30%. The company expects to double in size over the next five years with
the recruitment of additional subject matter experts and technologists
to swiftly bring more innovative solutions to market, continue investing
in customer satisfaction, and grow Intelerad’s presence worldwide.

“I’ve had the pleasure of using Intelerad technology in my daily work
for 17 years, the company truly understands the needs of the medical
imaging community,” said radiologist Dr. Giovanni Artho of the McGill
University Health Centre (MUHC). “Intelerad solutions are highly
versatile, extremely intuitive and constantly evolving to meet the needs
of the market. They have a huge impact on efficiency and are critical
for streamlining communication between care team members, which enables
us to provide the highest quality patient care.”

For more information about Intelerad, please visit:

About Intelerad
Founded in 1999, Intelerad is a medical
imaging software provider that specializes in diagnostic viewing,
reporting and collaboration solutions. Headquartered in Montreal,
Intelerad has 400 employees located in various offices in Toronto and
Calgary (CA), Seattle (US) and Melbourne (AU). The company serves over
300 healthcare organizations around the world, such as hospitals,
radiology groups, imaging centers, clinics and reading groups.

Intelerad’s continued success in the international market was recently
acknowledged by a Best in KLAS recognition, ranking #1 for PACS
 and PACS
 in the 2019
Best in KLAS: Global Software (Non-US) report