16 Mar 2017 Tel Aviv - MedyMatch Technology has signed a collaboration with IBM Watson Health to bring MedyMatch's A.I.-based clinical decision support application to imaging experts working in hospital emergency rooms and other acute care settings to help doctors identify instances of intracranial bleeding as a result of head trauma and stroke. Initially, IBM Watson Health's Imaging group will distribute the MedyMatch brain bleed detection application globally through its vendor neutral sales channels. Moving forward, IBM Watson Health and MedyMatch will develop interoperability between MedyMatch's application and IBM Watson Health Imaging's offerings.
According to the American Heart Association and American Stroke Association (AHA/ASA), stroke is the fourth leading cause of death and one of the top causes of preventable disability in the United States. Affecting 4% of the U.S. adults, it is forecasted that by 2030, there will be approximately 3.4 million stroke victims annually in the U.S., costing the healthcare system $240 Billion on an annual basis.
MedyMatch aims to bring cognitive tools into the daily workflow of an emergency department to help physicians assess patients suspected of head trauma or stroke, and rule out the presence of a bleed in the brain. The MedyMatch algorithm uses sophisticated deep learning, machine vision, patient data, and clinical insights to automatically highlight for a physician regions of interest that could indicate the potential presence of cerebral bleeds - and does so without interrupting how a physician works.
"The opportunity to license our deep vision application to IBM Watson Health creates a unique value proposition in health care", stated Gene Saragnese, chairman & chief executive officer of MedyMatch. "Engaging closely with IBM allows for a near-zero footprint implementation at a customer location delivering 'A.I. to the bedside' where I believe the future of health care lies. At MedyMatch, we believe improvements in the interpretation of data will lead to better decisions, better decisions will lead to better outcomes for patients and lower cost for health care. This is what drives us forward every day."
"The implementation of A.I.-based computer aided detection and clinical decision support tools to medicine in general, and to the emergency department, in particular, has the potential to increase the speed, accuracy, and efficiency of patient management - with the potential to ultimately reduce diagnostic errors and improving clinical outcomes", stated Michael Lev, M.D., director of emergency radiology at Massachusetts General Hospital and professor of radiology at Harvard Medical School. "MedyMatch is ideally positioned to leverage this technology, and their willingness to collaborate with industry partners reflects their awareness of, and sensitivity to, the complexities of patient assessment in the acute care setting. The company's first algorithms - CT detection of intracranial bleeds - represents the confluence of physician know-how and artificial intelligence clinical support."
"The opportunity to leverage MedyMatch's inventive technology is an exciting addition to the vendor-neutral capabilities we are working to deliver to providers who specialize in brain health", stated Anne Le Grand, vice president of Imaging for IBM Watson Health. "IBMs alliance with MedyMatch supports Watson Health's global strategy to apply the power of Watson to the world's most pressing health care challenges.
MedyMatch is currently conducting a clinical trial for its intracranial bleed assessment application and is working towards a PMA Class III approval by the U.S. FDA.