August 30, 2016 10:11 PM ET

Health Care Technology

Company Overview of Mach7 Technologies, Inc.

Company Overview

Mach7 Technologies, Inc., a software product development company, provides cloud-based enterprise clinical image management solutions to the healthcare industry. The company offers Keystone Suite, a software solution for healthcare enterprises to own, share, and access image data by enabling PACS-Neutral Archiving and facilitating collaboration in the imaging continuum from technologists, radiologists, cardiologists, and specialists to referring physicians; Keystone Utilities, a software that includes specialized PACS-Neutral tools designed to solve medical imaging challenges; and PACS/Archive migration services. It also provides ImageWorks and Spirit solutions to distributors, system integr...

480 Hercules Drive

Colchester, VT 05446

United States

Founded in 2008

Phone:

802-861-7745

Fax:

802-861-7779

Key Executives for Mach7 Technologies, Inc.

Chairman and Chief Executive Officer
Chief Financial Officer
Chief Operating Officer and Vice President of Americas
Chief Technology Officer
Vice President of Engineering and General Manager of INDIA
Compensation as of Fiscal Year 2016.

Mach7 Technologies, Inc. Key Developments

Mach7 Technologies Has Signs 5 Year Distribution Agreement with IntriHEALTH

3D Medical Limited announced that Mach7 Technologies has signed a 5-year distribution agreement with IntriHEALTH. IntriHEALTH selected Mach7 Enterprise Imaging Platform as the underlying software technology to provide standardisation, scalability and next generation VNA (Vendor Neutral Archive) functionality to its hosted medical image management platform that serves its existing base throughout South Africa. Mach7 Enterprise Imaging Platform delivers enterprise-level medical image management capabilities, with fully-integrated mobile image capture, workflow management, reporting and referral portal functionality that can be distributed by IntriHEALTH as a hosted solution to its customer base of 40 clinical sites. IntriHEALTH currently supports more than 300 medical practitioners who are using the solution daily across South Africa making IntriHEALTH the largest single database of clinical images in South Africa, with over 2 million studies archived to date. Under the Agreement, Mach7 will generate licence revenue to be paid monthly in USD from IntriHEALTH calculated under a pay-per-procedure revenue model. The licence fee is charged on each procedure ingested into the Mach7 platform and the agreed rate-per-procedure is within the example pricing previously described by the Company in its announcement on 3 March 2016. The Agreement provides Mach7 with regular annuity-style revenue over the initial 5-year term; establishes a significant clinical footprint across South Africa and provides a highly-scalable solution to IntriHEALTH that can be easily rolled out to new clinical sites as they come on-board.

Mach7 Technologies Wins U.S. Patent for Medical Image Capture with Mobile Device

Mach7 Technologies has been awarded a United States Patent for handheld medical imaging modality. Core to Mach7’s iModality mobile application, this technology strengthens and advances Mach7’s leadership position in enterprise image management and further demonstrates the company’s belief that the patient should always be at the center of care delivery. Mobile technology advanced through an enterprise imaging platform: The Patent covers any mobile device that can capture and upload imaging data into a patient’s electronic medical record (EMR). Using the patented technology, Mach7’s iModality mobile application brings the power and sophistication of Mach7 Enterprise Imaging Platform to mobile devices. The HIPAA compliant solution enables clinicians to securely capture medical imaging data including photos, videos, and notes using a web-enabled smart device (e.g., iPhone, iPad), send to an archive via Mach7 Enterprise Imaging Platform, and link to an EMR for immediate access. iModality enables rapid mobile healthcare in the hands of patient-facing clinicians and moves image management closer to the point of care delivery speeding diagnosis and facilitating care collaboration. The current Mach7 Technologies Patent authors include: Eric Rice, CTO and Alexey Ulanov, Chief Engineer.

Yuma Regional Medical Center Selects Mach7 Technologies to Power New Enterprise Imaging Strategy

Yuma Regional Medical Center (YRMC) selected Mach7 Technologies to power an enterprise-wide imaging strategy. Yuma Regional Medical Center adopted the Mach7 platform to eliminate image acquisition and distribution wait times that had crippled their former PACS-centric workflow. The standards-based architecture of Mach7 platform provides enhanced integration and access to all medical imaging data across departments, facilities, and geographies.

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