Medical software developer Vital Images achieved a 59% increase in second quarter 2003 revenues and triple the net income of the year-ago quarter. Revenues in Q2 rose to $7.5 million from $4.9 million. Core revenue components-software license fees and
Medical software developer Vital Images achieved a 59% increase in second quarter 2003 revenues and triple the net income of the year-ago quarter. Revenues in Q2 rose to $7.5 million from $4.9 million. Core revenue components-software license fees and maintenance and services-jumped to $6.7 million from $4.2 million. For the second quarter of 2003, the company reported net income of $666,000. Sales to Toshiba accounted for 35% of the company's second quarter revenue, or $2.6 million, compared with $1.4 million in the previous period. Company executives have boosted their 2003 guidance to predict between 45% and 50% growth in core revenue components, with earnings of $2.7 million to $3.1 million. They anticipate positive cash flow for the year.
AI Radiology ROI Calculator Study Projects 451 Percent ROI Over Five Years
March 18th 2024Incorporating an artificial intelligence (AI) platform into the radiology workflow at a stroke management-accredited hospital may lead to projected savings of 78 days in triage time and 41 days in reporting time for radiologists over a five-year period, according to new research.
Study: PET/MRI May Prevent Up to 83 Percent of Unnecessary Biopsies in Men with PI-RADS 3 Lesions
March 15th 2024For men with PI-RADS 3 lesions, PRIMARY scores of 4-5 with PET/MRI had a sensitivity rate of 87.5 percent for clinically significant prostate cancer, according to newly published research.
Current Perspectives on Radiology Workforce Issues and Potential Solutions
March 14th 2024Emphasizing the gravity of the ongoing workforce shortage in radiology, these authors recommend a change agenda focusing on expanded numbers of residency positions, reassessment of educational pathways, maintaining a strong presence in hospital settings and practice level initiatives to reduce administrative burden and achieve appropriate reimbursement beyond RVU measurements.