Rad AI Finalizes First Partnership Outside the US With MIC Medical Imaging of Alberta, Canada

SAN FRANCISCO, July 26, 2024 -- Rad AI, a leader in artificial intelligence for radiology, is proud to announce its first international expansion with MIC Medical Imaging of Alberta, Canada. This landmark partnership marks Rad AI's first step outside the United States, setting the stage for global growth. The collaboration aims to improve efficiency and accuracy in radiology practices across Canada.

The partnership with MIC Medical Imaging, a leading radiology practice in Canada, underscores Rad AI's commitment to delivering cutting-edge AI solutions to enhance radiology workflows globally. MIC Medical Imaging will implement Rad AI Omni Impressions, Rad AI’s industry-leading generative AI solution designed to automate radiology impressions and streamline operations. Rad AI's technology, built by radiologists for radiologists, reduces time spent on administrative tasks, enabling radiologists to focus more on imaging and patient care.

"Our partnership with Rad AI demonstrates our commitment to leveraging technology solutions to better support and serve patients and referring clinicians in Northern Alberta. Rad AI's generative AI solutions are incredibly innovative, and MIC's subspecialty-trained radiologists have heard from numerous colleagues in North America that Rad AI Omni Impressions is a solution that optimizes radiologist workflows and enhances diagnostic report quality."
- Brian de Haan, Chief Executive Officer at MIC Medical Imaging

“Rad AI Omni Impressions has already significantly impacted the US by reducing radiologist burnout and enhancing productivity. We are confident that this partnership will deliver similar benefits to radiology practices in Canada.”
- Dr. Jeff Chang, Co-founder and Chief Product Officer of Rad AI

Rad AI’s Series B funding round of $50 million, announced earlier this year, has provided momentum for this international expansion. With solutions already in use by more than a third of all US health systems and by 9 of the 10 largest US radiology practices, Rad AI is well-positioned to continue its growth trajectory.

Dr. Sheldon Elman, MD, Co-founder & Chair of Esplanade Healthtech Ventures, one of Canada's leading digital healthcare venture capital firms, which participated in Rad AI's Series B, said: "We are excited to see Rad AI finalize their first partnerships in Canada. This comes as no surprise to us, as we recognized their leadership in generative AI during the investment process. It was clear that Rad AI would make a significant impact outside the US, as they already have done inside the US. We encourage all Canadian practices to prioritize a partnership with Rad AI."

About Rad AI

Rad AI is the fastest-growing radiologist-led AI company. More than one-third of US health systems and radiology practices now leverage the latest generative AI advancements from Rad AI. The company has been recognized as one of the most promising healthcare AI companies by CB Insights (Digital Health 50, AI 100) and AuntMinnie (Best New Radiology Software of 2023, Best New Radiology Vendor of 2021). In Dec 2023, an Accenture report noted that Rad AI has the highest influence score and brand buzz of any private company in radiology.

Founded by the youngest US radiologist in history, Rad AI empowers physicians with Al to save time, reduce burnout, and improve the quality of patient care. By combining deep expertise in healthcare and AI while building on the largest proprietary radiology report datasets in the world, Rad AI has helped save patient lives across the US, ensuring prompt diagnosis and treatment for new cancer while reducing the error rate in tens of millions of radiology reports by nearly 50 percent.

Learn more about Rad AI at www.radai.com or on LinkedIn.

About MIC Medical Imaging

MIC Medical Imaging started as Medical Imaging Consultants in 1996 with the merger of four local radiology groups and now has over 100 radiologists with diverse sub-specialties and areas of expertise and over 500 technologists and support staff. MIC is Alberta's largest radiology partnership, providing x-ray, mammography, fluoroscopy (pain management), ultrasound, nuclear medicine, bone density, PET CT, MRI, and CT services across 13 community clinics in the Edmonton area. MIC is an expert and trusted partner to Edmonton area primary care practitioners and specialists. Additionally, MIC radiologists play an essential role providing real-time diagnostic reporting services in all 17 Edmonton area hospitals and community health centres.