lifeIMAGE operates a medical-grade image exchange network that combines local network image sharing with a secure cloud to make patients' imaging records accessible across health systems and care teams. The platform is deployed at hundreds of leading healthcare organizations and supports large implementations at academic medical centers, trauma centers, oncology centers and pediatric facilities. The network has been adopted by more than 120 multi-site health systems, nearly 450 hospitals using the platform across their campuses, plus another 700 hospitals joined for image exchange—exceeding 1,100 hospitals in total. The company reports about 90,000 clinical users across all 50 U.S. states and more than 90 countries, and that providers have shared more than two billion medical images through the network. lifeIMAGE says it is continuing to build out and enhance its intelligent, interoperable health data network and to expand strategic partnerships with industry leaders. lifeIMAGE provides a medical image exchange platform deployed at hundreds of healthcare organizations to facilitate the e-sharing of medical imaging information among hospitals, radiology groups, physicians and patients. The network consists of more than 120 multi-site health systems that include academic medical centers, pediatric facilities, certified trauma centers, oncology centers of excellence and imaging providers. Led by CEO and co-founder Hamid Tabatabaie, the company connects a broad set of care providers and imaging organizations. lifeIMAGE closed a $17.5M round of financing to support its operations. The company intends to use the funds to expand resources for its customer base, increase network capabilities and implement go-to-market initiatives. The business is based in Newton, Massachusetts. lifeIMAGE provides hospitals with tools to facilitate the secure electronic exchange of x-ray, CT, MRI, nuclear medicine, echocardiography, ultrasound and other diagnostic imaging exams in and out of their health care enterprise. Led by CEO Hamid Tabatabaie and based in Newton, MA, the company operates a network for sharing medical images and related health information. Its service has been used by more than 29,000 people in 68 countries to share over 410 million medical images. The company closed a $15M Series C round of financing and intends to use the capital to expand operations. The core product focuses on interoperability and secure image exchange for health care providers. Life Image offers cloud-based software that facilitates transferring, indexing and searching of digital medical images, starting with radiology (MRI, X-ray) and expanding to a variety of products and services for physicians, providers, and patients. The company provides open application programming interfaces to help healthcare IT vendors exchange imaging data and a service to attach medical images to electronic health records. In June it launched a publishing engine for its OutBox cloud service, used by major health systems to securely and automatically share imaging results. LifeIMAGE Networks tracks usage to review trends and identify opportunities for improvement or expansion. The company positions its products as addressing $10–$20 billion in inefficiencies from manual image transfer and sits within a medical informatics market Frost & Sullivan estimates at about $6.5 billion. Life Image counts workflows and security improvements as core differentiators versus CD/DVD-based image exchange. Life Image operates a cloud-based platform that enables secure, easy-to-deploy exchange of diagnostic images and medical information among physicians, hospitals and patients. The platform supports use cases such as replacing CD intake workflows, enabling radiology departments to send information to referring physicians, and allowing patients to send imaging to out-of-state specialists. lifeIMAGE says its network has been adopted by over 50 leading medical centers in the United States and touts recognition from The Wall Street Journal’s 2010 Technology Innovation Awards. The company emphasizes that timely access to medical information improves decision-making, saves lives and reduces costs. Life Image’s technology is positioned as a collaborative solution for hospitals, radiology departments and patients. The company is based in Newton, MA and recently undertook a new capital raise.

Total raised

$67M

Funding rounds

7

Latest round

Equity

Latest activity

Sep 2015