Signify Premium Insight: Cloud Underpins Acquisitions by Intelerad and Change Healthcare
Published: September 9, 2020
Adoption of cloud technology in healthcare has been an uphill battle so far, with privacy, “data ownership” and recent investment in on-premise data centres top of US healthcare provider concerns. Imaging informatics has been behind the adoption curve for cloud, given the complex and critical importance of imaging within the care continuum. However, in the last 18 months, focus on cloud adoption in imaging informatics has notably increased, exacerbated further by the impact of COVID-19.
News of two acquisitions in the last month, Intelerad’s acquisition of Radius and Change Healthcare’s acquisition of Nucleus.io, are both underpinned by a strategic shift to capitalise on this trend. Below, we summarise the deals, provide our view on their market impact and discuss if cloud adoption in imaging informatics has finally reached the tipping point for more mainstream adoption.