Data DD insights: Radiology
Data and analytics play an important role in HealthTech, so it is no wonder many of our data due diligence projects are in this hot space.
Often, investors are asking us to evaluate the impact AI could have on the target. Will it strengthen or weaken their position?
Just recently, we were looking at a company in the world of radiology, where AI is a big thing.
At the risk of oversimplification, here are some insights we gained:
1. A thorough understanding of the healthcare system, regulatory environment, and technology infrastructure is crucial.
2. There is a big difference between diagnostic and decision-supporting AI tools when it comes to building a positive business case.
3. Fragmented market of the AI providers significantly increases the complexity (and costs) of integrating their solutions.
If you are looking to invest in a HealthTech company, let us know, we’ll be glad to help assess their data and analytics value-creating potential.