Welcome!

News Feed Item

vRad and E-Techco Partnership Creates First Direct-to-Patient Remote Radiology Services in China

Innovative Telemedicine Patient Management Platform Provides Chinese Consumers With 24/7 Access to Subspecialty Radiology for Second Opinions

MINNEAPOLIS, MN and SHENZHEN, CHINA -- (Marketwired) -- 04/18/14 -- vRad (Virtual Radiologic), the nation's largest telemedicine company and radiology practice with over 450 physicians, today announced it completed a strategic partnership with E-Techco Information Technologies Co., Ltd. (E-Techco), a leader in consumer telehealth solutions. The partnership names vRad as E-Techco's exclusive agent for remote professional radiology interpretations in mainland China, Taiwan, Hong Kong and Macau beginning in May 2014. This partnership marks vRad's first significant international market expansion into the Chinese market. Financial terms were not disclosed.

E-Techco provides a direct-to-patient telemedicine and patient management platform known as AnyCheck™. Currently with three million subscribers, AnyCheck allows patients to conduct self-testing for health conditions, including hypertension, diabetes, cardiovascular disease, geriatric mental health, and other chronic diseases found in China's ageing population. Patients conduct tests (e.g., blood pressure, electrocardiogram, temperature, glucose levels) while connected to a wireless phone or device, which transmits findings via cloud services and then back to the patient in real time after analysis. Patients can arrange an online consultation with a health professional, also in real time. According to E-Techco's analysis, the total volume for the radiology services market in China is estimated at 302 million, and the volume for second opinions is estimated at 15.1 million, accounting for 5 percent of the total radiological market.

"vRad is a pioneer and proven leader in the practice of remote radiology," said John Zhang, CEO of E-Techco. "Having access to highly qualified U.S.-trained radiologists 24/7 will provide much needed services to an ageing population concerned about their health and welfare. Given vRad's scale and commitment to technical innovation and clinical excellence, we chose them to help us expand the capabilities of AnyCheck's personalized health management services to benefit our patients in China."

Beginning May 2014, patients will be able to upload images of their CT (computed tomography), MRI (magnetic resonance imaging) or CTA (Computed tomography angiography) studies using their AnyCheck telehealth platform, and vRad will provide second opinions from highly qualified, U.S. licensed radiologists. The partners also expect to expand into additional radiology solutions and markets in the future.

This strategic partnership brings together E-Techco's extensive experience and leading reputation in the Chinese consumer healthcare market with vRad's clinical expertise in providing remote radiology reads. vRad is the largest U.S.-based radiology practice reading 7 million studies a year. Seventy-five percent of vRad's 450 radiologists are fellowship-trained, with over nine years of post-certification experience. vRad has 14 patents covering its state-of-the-art imaging platform; the company was recently awarded the 2014 Frost & Sullivan Visionary Innovation Award in Medical Imaging Analytics.

"We are honored to be E-Techco's exclusive radiology partner, and bring our operational and clinical expertise to the Chinese market," said Jim Burke, President and CEO of vRad. "This strategic partnership represents a tremendous opportunity for vRad to expand internationally. As their respected partner, we look forward to working with an innovative leader in telemedicine that allows patients to play an active role in managing their personal health. Over the long term, this relationship will provide additional services that will ensure continued growth and mutual benefit for both parties and the patients we collectively serve."

About vRad

vRad (Virtual Radiologic) is a global telemedicine company and the nation's largest radiology practice with over 450 physicians. Our patented software, data, and clinical processes allow referring physicians to quickly and securely pass patient imaging and information to specialists in order to improve the speed, accuracy, and cost of clinical diagnosis. vRad's physicians and operational platform serve 2,000+ hospitals, reading over 7 million patient radiology reports annually. vRad is also a leader in healthcare informatics: its RPC(SM) (Radiology Patient Care) Indices are the first findings-based national and peer group benchmarking metrics for the use of radiology imaging. Our analytics platform includes over 24 million imaging studies, growing at 600,000 per month. vRad's clinical expertise and evidence-based insight help clients make better decisions for the health of their patients and their practices. For more information, visit www.vrad.com. For real-time updates, follow us on Twitter (@vRad), or "like" us on Facebook.

About E-Techco

Shenzhen E-Techco Information Technologies Co., Ltd., established in 2003, is a high-tech enterprise providing cloud-based personalized health management. The company has its own integrated R&D and operations for the manufacturing and distribution of e-health terminals, biosensors, and telemedicine solutions. AnyCheck's e-health management service has more than 3 million users and is the main Medical IT and health management technology solution in China and the EU. With more than 100 patents and certifications, AnyCheck plays a leading role in international e-health management.

Due to its innovation and achievements in health management application, E-Techco has received China's Annual National Awards of 2013 for the Most Influential Enterprise in Informationization of Medical Services from the Ministry of Industry & Informationization of People's Republic of China. It also received product excellence awards at the China High-Tech Fair in 2012 and 2013. In addition, E-Techco is a Member of the Board of Managing Directors for the China Association For Medical Devices Industry, belongs to the Executive Chairmanship Unit of China Industrial Alliance for Life Science & Senior Healthcare, and is a Member of Board of Directors of the Shenzhen Software Industry Association.

The 10 billion RMB (USD$1.6 billion) Shenzhen Qianhai Senior-Health PE Investment Fund, initiated by E-Techco, is partnered and supported by domestic and overseas institutions such as PriceWaterHouseCoopers and CITIC Group's assets management firm. The E-Techco fund is dedicated to the investment and promotion of cloud-based health services and geriatric care in the China market. For more information, please visit www.e-techco.com.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Media Contact:
Keri Couples
(952) 595-1496
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Both SaaS vendors and SaaS buyers are going “all-in” to hyperscale IaaS platforms such as AWS, which is disrupting the SaaS value proposition. Why should the enterprise SaaS consumer pay for the SaaS service if their data is resident in adjacent AWS S3 buckets? If both SaaS sellers and buyers are using the same cloud tools, automation and pay-per-transaction model offered by IaaS platforms, then why not host the “shrink-wrapped” software in the customers’ cloud? Further, serverless computing, cl...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors!
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
DXWorldEXPO LLC announced today that the upcoming DXWorldEXPO | CloudEXPO New York event will feature 10 companies from Poland to participate at the "Poland Digital Transformation Pavilion" on November 12-13, 2018.
22nd International Cloud Expo, taking place June 5-7, 2018, at the Javits Center in New York City, NY, and co-located with the 1st DXWorld Expo will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud ...
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will discuss how customers are able to achieve a level of transparency that e...
"DivvyCloud as a company set out to help customers automate solutions to the most common cloud problems," noted Jeremy Snyder, VP of Business Development at DivvyCloud, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smart...
"We were founded in 2003 and the way we were founded was about good backup and good disaster recovery for our clients, and for the last 20 years we've been pretty consistent with that," noted Marc Malafronte, Territory Manager at StorageCraft, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
We all know that end users experience the internet primarily with mobile devices. From an app development perspective, we know that successfully responding to the needs of mobile customers depends on rapid DevOps – failing fast, in short, until the right solution evolves in your customers' relationship to your business. Whether you’re decomposing an SOA monolith, or developing a new application cloud natively, it’s not a question of using microservices - not doing so will be a path to eventual ...
We all know that end users experience the internet primarily with mobile devices. From an app development perspective, we know that successfully responding to the needs of mobile customers depends on rapid DevOps – failing fast, in short, until the right solution evolves in your customers' relationship to your business. Whether you’re decomposing an SOA monolith, or developing a new application cloud natively, it’s not a question of using microservices - not doing so will be a path to eventual ...
DXWorldEXPO LLC announced today that ICC-USA, a computer systems integrator and server manufacturing company focused on developing products and product appliances, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City. ICC is a computer systems integrator and server manufacturing company focused on developing products and product appliances to meet a wide range of ...