The Cleveland Clinic and Candescent Health said they have inked a multi-year deal to improve radiology care and create a nation-wide cloud-based radiology network.
As part of the collaborative effort, the Cleveland Clinic will help Candescent develop clinically focused products with the goal of improving the efficiency and performance of radiology practices.
“The healthcare model of the future requires that we find better, more efficient ways to provide services. That will only happen through technological advances that lower costs, drive efficiencies and allow doctors to put patients first. This partnership will help the radiology community improve quality and productivity by expanding technology and clinical expertise to health systems throughout the country,” Cleveland Clinic CEO Dr. Toby Cosgrove said in a press release.
As part of the deal, the Cleveland Clinic will have the opportunity to make equity investments in Candescent Health in the future, the companies said.
Candescent is developing the RadPerform platform, which includes a cloud-based, data-driven workflow components, 24/7 case and workflow monitoring systems and performance analytics, the company said.
“We are thrilled to be working with a healthcare innovator and leader like Cleveland Clinic to accelerate what we believe is an essential shift in the radiology care model that drives greater healthcare value on a nationwide basis. Cleveland Clinic not only has the foresight to understand that radiology is undergoing significant change, but is willing to lead radiology through that crucial transformation. This fundamental reengineering of the radiology care model will have an enormous positive impact on patients, referring providers and healthcare systems overall,” Candescent Health CEO Scott Seidelmann said in a prepared statement.