Ultra Market Research | Merative Radiology Solution - Company Profile
Merative Radiology Solution  Company Profiling

Merative Radiology Solution - Company Profile

  • Report ID : 263

  • Category : Healthcare-Companies

  • No Of Pages : 10

  • Published on: April 2024

  • Status: Published

  • Format : Power Point PDF Excel Word

Key Question Answer

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Global Market Outlook

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In-depth analysis of global and regional trends

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Analyze and identify the major players in the market, their market share, key developments, etc.

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To understand the capability of the major players based on products offered, financials, and strategies.

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Identify disrupting products, companies, and trends.

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To identify opportunities in the market.

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Analyze the regional penetration of players, products, and services in the market.

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Comparison of major players financial performance.

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Evaluate strategies adopted by major players.

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Recommendations

Overview

Merative Radiology Solution offers products in radiology space

 

Segment Analysis

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Key Executives

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Financials

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Key Products


 

  • Merge PACS: Merge PACS is a radiology solution helping organizations to scale and access AI insights and is designed to improve reading workflows anywhere in the enterprise. It is a high-performance viewer combined with a versatile platform that simplifies physicians’ reading activities including support for mammography as well 
     
  • Merge CADstream: Merge CADstream uses complex mathematical algorithms to deliver insightful data visualization and segmentation that helps radiologists characterize abnormalities, access priors, streamline reporting, and ease interventional planning for breast, pelvic, and abdominal MRI studies
     
  • Merge Workflow Orchestrator: A cloud-native Saas to orchestrate the radiology workflow which unifies imaging studies, patient data, and AI results into a single modern interface that gives physicians a personalized experience. It helps to distribute cases across reading teams equitably and for best performance 
     
  • Merge RIS: An outpatient radiology information system designed that optimizes daily operations from orders and reports, to billing and analytics
     
  • IBM iConnect Access: A zero-download, diagnostic quality image and XDS viewer for referring physicians
     
  • IBM iConnect Enterprise Archive: A vendor neutral archive (VNA) to create an enterprise imaging strategy

 

 

Business Strategy

 

  • Automated Image Analysis: Merative portfolio of intelligent imaging workflow solutions helps in getting robust medical imaging which helps managing teams to manage caseloads more smoothly within and across departments
  • Workflow Optimization: Merative portfolio of intelligent imaging streamlines radiology workflows by prioritizing urgent cases, automatically routing studies to the appropriate specialists, and reducing manual administrative tasks 
    Image Enhancement: AI-based image enhancement techniques improves image quality, reduce noise, and enhance critical details, making it easier for radiologists to interpret images accurately
  • Quantitative Analysis: AI based radiology imaging performs quantitative analysis of imaging biomarkers, providing more objective and standardized measurements for treatment response assessment and disease monitoring
  • Triaging and Prioritization: AI algorithms helps prioritize cases based on urgency and complexity, ensuring that critical cases receive prompt attention while optimizing radiologist's time
    Integration with Electronic Health Records (EHR): AI-driven solutions seamlessly integrate with EHR systems, making relevant patient data readily available to radiologists during the diagnostic process

 

Business Case Study
Use of case studies to market Radiology Solutions
 

  • Merative is publishing case studies to show efficiency of their radiology solutions
    For instance, McFarland Clinic experienced unexpected system downtime in imaging solution, but their collaboration with Merge which is a imaging product of Merative provided proactive monitoring and maintenance for imaging organizations, allowed them to swiftly implement backup procedures and maintain uninterrupted patient care. Through this partnership, McFarland Clinic has established resilient systems, easing downtime-related concerns and ensuring smooth operations
    Another instance where a largest teleradiology providers in the UK 4 way had reached the limits of its previous picture archiving and communication system (PACS) program and needed an upgraded system to meet its new volume and position itself for future growth. Through Merge PACS 8.0, 4ways has increased processing efficiencies due to automation


Use of Product brochures to market product

 

  • Merative is publishing product brochures to show product related information of their radiology solutions
    For instance, Merative introduced a brochure enlisting their radiology solutions portfolios and explaining the benefits
    Brochure is displaying capabilities of the solutions to be visually appealing, user-friendly, and how much flexible they are with existing imaging environments, and offer features like efficient image management, real-time collaboration, and time-saving workflows. Also, Merative imaging solutions is focusing on how much their radiology solutions are helping imaging teams handle their workload more efficiently and smoothly both within departments and across different areas of the organization

 

Major value propositions

 

Advanced Imaging Technology: Merative AI based platforms provides accurate and detailed diagnostic results and reading platform helps physicians to read multiple specialties, run preferred radiology applications, and gain access to AI-enabled solutions and insights into patients’ data 
Telemedicine and Remote Reporting: Merge PACS 8.0 platform of Merative, makes it easier for radiologists to work remotely. For instance, Using Merge PACS platform 4ways a leading UK and European private teleradiology company provided over 235 radiology solutions to healthcare consultants remotely 
Single report for physicians: Aggregation of AI application resulting into a single report for physicians to view through Merative’s PACS system 
Collaboration and Communication: Provides seamless communication and collaboration with referring physicians, enabling them to discuss cases and access images and reports easily
Patient Comfort and Experience: Focusing on patient-centered care, with amenities and measures to enhance patient comfort during imaging procedures
Partnerships and Affiliations: Highlighting collaborations with reputable healthcare institutions or affiliations with renowned firms, medical schools, enhancing the company's credibility and expertise

 

Recent News

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SWOT Analysis

 

 

STRENGTH
Advanced AI based technology in Radiology solutions
Remote Radiology Services offering

WEAKNESS
Limited Geographic Presence
Dependence on Specific Clients
OPPORTUNITY
Expansion in new geographic areas
Opportunity to form a joint venture and enormous acquisitions with similar companies
Product acquisition for portfolio expansion

THREAT
Competition from other radiology solutions proving firms
Changes in healthcare regulations requirements 
Handling sensitive medical data can expose to data breaches and legal issues

 

Porter 5 Forces
 

 

  • Bargaining Power of Buyers: High
  • Bargaining Power of Suppliers: Low to Moderate
  • Competitive Rivalry: High
  • Threat of Substitutes: Low 
  • Threat of New Entrants: Moderate

 


Locations

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Competitors

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