Aidoc unveils $30M investment in revolutionary AI imaging foundation model at RSNA 2023

Clinical AI pioneer aims to create new, more comprehensive AI models — powered by image data — that improve diagnostic accuracy and early detection of critical conditions

CHICAGO, November 27, 2023 /PRNewswire/ — Aidoc, the leading provider of clinical AI solutions, announced a 30 million dollars investment dedicated to creating a first-of-its-kind comprehensive AI clinical baseline model during the Radiological Society of North America (RSNA) Annual Meeting.

“This investment is not just about technological advancement; it is about reshaping the future of medical imaging,” he shared Elad Wallach, CEO, Aidoc. “Our Imaging AI Foundation model is positioned to revolutionize the way millions of patients are diagnosed and treated globally. As industry leaders, we have a deep responsibility to redefine the possibilities in medical imaging.”

A recent study found that hospitals currently use only 3% of their available data, leaving behind insights that can only be realized through AI-powered precision medicine[1]. Aidoc’s core model seeks to unlock this untapped resource at scale with a focus on three key areas:

  • Accelerated development: Enables faster creation of robust image algorithms.
  • Overall coverage: Addressing a wide range of medical conditions, improving diagnostic depth.
  • Unsurpassed precision: Establishing new benchmarks for accuracy in AI for medical imaging, especially in the integration of multimodal information.

Promoting efficient delivery of a clinical-based model through Aidoc’s aiOS

Text-based benchmarks like ChatGPT are transforming multiple industries. Aidoc recognizes the potential of this core technology in medical imaging. Aidoc’s robust AI multimodal training infrastructure puts the company in a unique position to create a comprehensive AI imaging model. The company aims to use this new core model to improve diagnostic accuracy and develop an entirely new category of products and experiences.

Aidoc has already done considerable work with image base models. During beta testing, Aidoc was able to achieve accuracies comparable to existing XR algorithm performance with versions developed on a base model.

Recognizing that the underlying model alone is not sufficient to drive meaningful change in complex real-world health systems settings, an effective delivery mechanism in clinical workflows is critical. Aidoc’s revolutionary AI-based solutions integrate seamlessly into clinical workflows through its proprietary AI operating system, aiOS™.

“Health systems face enormous pressures on a daily basis and cannot afford to use technologies that are not effective from the outset,” says Michael Braginsky, CTO and Co-Founder, Aidoc. “AiOS™ has been designed precisely to ensure that cutting-edge technologies can be used with minimal downtime by IT teams within a hospital, allowing for easy deployment. The goal is that the combined power of Aidoc’s aiOS™ and our core model will deliver a powerful one-two punch designed to provide the optimal solution for scaling AI in healthcare.”

Aidoc’s commitment to healthcare innovation and leadership is reinforced by this investment. Already processing millions of patient scans every month, the company aims to use this technology for new avenues such as clinically accurate assessment of future clinical outcomes, simulation of future follow-ups, flexible feature extraction for biomarker research, complete normalization of medical data. and more.

1. https://www.beckershospitalreview.com/innovation/hospitals-only-use-3-of-data-microsoft-says.html

About Aidoc

Aidoc is a pioneer in clinical AI. We focus on helping and empowering healthcare teams to optimize patient care, leading to improved economic value and clinical outcomes. Our clinically proven AI solutions eliminate abandonment, increase efficiency and improve outcomes by providing critical information when and where care teams need it, leading to immediate collective action. Built on Aidoc’s proprietary aiOS™, we analyze and aggregate medical data to enable care teams to operate on the unexpected and operate seamlessly with a continuous focus on the patient. Used in more than 1,000 medical centers worldwide, Aidoc has the most FDA clearances (13) in clinical AI, and AI-based solutions cover 75 percent of patient populations, enabling physicians to make informed decisions based on data in real time. Aidoc AI is always on, working in the background to change the foreground. Visit Aidoc.com to see how we connect all points of care with always-on AI.

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SOURCE Aidoc

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