Read The Times Australia

Daily Bulletin

ECHO IQ SIGNS STRATEGIC PARTNERSHIP AND INTEGRATION AGREEMENTS WITH SCIMAGE AND MEDAXIOM TO EXPAND ECHOSOLV AS ACROSS 36 US CARDIOLOGY NETWORKS

  • Written by: PR Newswire Asia - Daily Bulletin Au RSS
ECHO IQ SIGNS STRATEGIC PARTNERSHIP AND INTEGRATION AGREEMENTS WITH SCIMAGE AND MEDAXIOM TO EXPAND ECHOSOLV AS ACROSS 36 US CARDIOLOGY NETWORKS
  • EchoSolv AS will be fully integrated into ScImage's medical workflow platform, facilitating streamlined deployment within MedAxiom's hospital and cardiology networks.
  • ScImage is a nationally recognised Cloud and integrated workflow management platform, with over 1,200 users, specialising in the collation of medical images and secure, real-time access to patient information for a broad client base across the US.
  • MedAxiom is an American College of Cardiology company and the cardiovascular community's premier source for organisational performance solutions.
  • Expanded distribution will further demonstrate EchoSolv AS' ability to enhance detection rates for severe Aortic Stenosis, a key factor in Echo IQ's pursuit of a Category I CPT code in the US market.
  • Echo IQ is in active discussions with ScImage to extend availability of EchoSolv AS to additional cardiology networks across the ~1,200 active users of ScImage's PICOM365 platform in the US.

SYDNEY, April 1, 2025 /PRNewswire/ -- AI and Medical Technology company Echo IQ ("the Company") (ASX: EIQ) is pleased to advise of significant Partnership and Integration Agreements with ScImage and MedAxiom, two leading US healthcare technology providers. This collaboration will considerably expand the distribution of EchoSolv AS, integrating its advanced AI-powered cardiology technology across an extensive network of hospitals and cardiology practices in the United States.

Under the agreement, EchoSolv AS will be initially deployed across 36 MedAxiom/ScImage-affiliated hospitals and cardiology practices, enabling physicians to access advanced AI-driven diagnostics through ScImage's industry-leading image management and workflow platform. By leveraging ScImage's agile cloud- native architecture, EchoSolv AS will be delivered seamlessly for easy user adoption. This partnership significantly expands EchoSolv AS' presence in the US market, providing broader access to cutting-edge technology for early, accurate detection of severe aortic stenosis.

This agreement solidifies Echo IQ's position as a key innovator in AI-driven cardiovascular disease detection, reinforcing its commitment to advancing patient outcomes through cutting-edge technology and strategic partnerships.

Management Commentary:

Founder and CEO of ScImage, Inc., Dr Sai Raya PhD, said: "We are proud to be making Echo IQ's extraordinary capabilities available to our customers. Both companies share a vision of technology-powered tools that enhance cardiology as well as patient outcomes. The limitless benefits of AI technology represent ScImage's continued commitment to improving efficiency and ensuring our partners' patients have access to the best technology available. I am confident our customers will embrace the benefits of seamless integration with this ground-breaking AI technology."

Echo IQ's Chief Executive Officer, Mr Dustin Haines, said: "This partnership marks a pivotal milestone in our mission to transform cardiovascular diagnostics in the US. By integrating EchoSolv AS into ScImage's workflow platform and deploying it across MedAxiom's extensive network, we are ensuring that more physicians have access to innovative, AI-driven solutions to detect and manage severe aortic stenosis. This partnership further supports our approach of prioritising integrations in the lead up to our CATIII reimbursement. We look forward to deepening our collaboration and expanding access to this life-saving technology across more hospital networks nationwide."

About ScImage:A pioneer in the healthcare industry, ScImage was founded in 1993 and has consistently provided innovative enterprise image management and workflow solutions that are flexible, scalable and secure with an emphasis on establishing and nurturing excellent relationships with partners. Learn more at scimage.com.

About MedAxiom:MedAxiom, an American College of Cardiology company, is the cardiovascular community's premier source for organisational performance solutions. MedAxiom is transforming cardiovascular care by combining the knowledge and power of hundreds of cardiovascular organisation members, thousands of administrators, clinicians and revenue cycle experts, and dozens of industry partners. Through the delivery of proprietary tools, smart data and proven strategies, MedAxiom helps cardiovascular organisations achieve the Quadruple Aim of better outcomes, lower costs, improved patient experience and improved clinician experience.

Authorised for release by the Board of Directors of Echo IQ Limited.

Investor Enquiries:Deon Strydomdeon.strydom@echoiq.ai 

ABOUT ECHO IQEcho IQ uses AI-driven technology and proprietary software to improve decision making in Cardiology. The company is based in Sydney, Australia.

 

Authors: PR Newswire Asia - Daily Bulletin Au RSS

Read more https://www.prnasia.com/story/archive/4654580_CN54580_0

Business News

The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

Daily Bulletin - avatar Daily Bulletin

Australian organisations are relying on business continuity plans built for a far more predictable world

Tariff escalations, supply chain fragility, geopolitical events, and the ongoing threat of cyber disruption have reshaped the risk environment facing Australian organisations. The problem is that ma...

Daily Bulletin - avatar Daily Bulletin

How to Rent a Car for Uber in Melbourne: What Every New Driver Needs to Know

Starting out as an Uber driver in Melbourne is not as complicated as it sounds but getting the vehicle right is where most new drivers get stuck. Uber has strict requirements around vehicle age, condi...

Daily Bulletin - avatar Daily Bulletin

When Should You Speak to a Lawyer About a Legal Issue?

Legal issues can begin with a simple question, then become harder to manage once formal steps are involved. Many people wait until a matter feels urgent before seeking guidance, even though earlier ...

Daily Bulletin - avatar Daily Bulletin

The strategic rise of Bali as Australia’s next essential healthcare support hub

As Australian healthcare providers grapple with unprecedented operational bottlenecks, a new nearshore model is quietly transforming patient care delivery. Forward-thinking organisations,  including...

Daily Bulletin - avatar Daily Bulletin

Cost Savings and Benefits of Using Used Pallets in Logistics

In today’s competitive logistics and supply chain industry, businesses are constantly looking for ways to reduce operational costs without compromising efficiency and reliability. One of the most prac...

Daily Bulletin - avatar Daily Bulletin

How Fulfilment Services in Australia Help Businesses Scale Efficiently

The growth of e-commerce and modern retail has transformed customer expectations. Consumers now expect fast shipping, accurate order processing, and seamless delivery experiences regardless of where...

Daily Bulletin - avatar Daily Bulletin

Practical Ways Australian Workplaces Can Reduce Operating Costs

Reducing business costs doesn’t always mean cutting staff, shrinking services or making the workplace feel bare-bones. In many cases, the smarter savings are hiding in everyday operations: the light...

Daily Bulletin - avatar Daily Bulletin

Executive Recruitment Solutions That Help Organisations Secure Exceptional Leaders

Leadership has a direct impact on organisational performance, employee engagement, strategic growth, and long-term success. Businesses operating in increasingly competitive environments require experi...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Why Every Workplace Should Take Emergency Preparedness Seriously

Emergency planning is one of those things many workplaces know they should think about, but it oft...

Why Clearer Communication Still Matters in a Digital-First Business

It’s never been easier for businesses to communicate, but that doesn’t mean they’re always communica...

What Happens After You Lodge a BYDA Enquiry? The Step Most Excavation Projects Miss

Every excavation project in Australia — from a backyard deck footing to a multi-storey commercial bu...

How to Choose the Right Dentist on the Gold Coast

Finding a dentist you trust is one of those decisions that quietly affects your health for years, ...

The Hidden Engineering Problem Inside Australia's Older Housing Stock

A significant share of Australian homes were built for a way of living that no longer exists. Houses...

DIY Rodent Control Vs Professional Help: When Is It Time To Call The Experts?

Rodents are one of the most frustrating pest problems for Australian property owners. Rats and mic...

Lighting Shop in Perth: How The Right Lighting Can Transform Your Home And Business

The right lighting can completely change the look, feel, and functionality of any space. Whether it ...

Traffic Light System Solutions For Safer And More Efficient Traffic Management

Modern cities and growing communities rely heavily on effective traffic management to ensure safety...

Gold Migration Lawyers in Liquidation: How the Closure Affects Your ART Appeal

If your appeal was with Gold Migration Lawyers, a recent change to how the Tribunal decides cases ...