Surgalign’s HOLO AI Insights goals to reinforce medical resolution making by means of the facility of AI know-how
DEERFIELD, Unwell., March 13, 2023 (GLOBE NEWSWIRE) — Surgalign Holdings, Inc., (NASDAQ: SRGA) a world medical know-how firm centered on elevating the usual of care by driving the evolution of digital well being, is proud to announce the discharge of HOLO AI Insights.
HOLO AI Insights permits clients, companions, and medical researchers to reap the benefits of the Firm’s HOLO synthetic intelligence (AI) portfolio by means of a safe, extremely scalable cloud platform for automated evaluation of medical pictures. HOLO AI, Surgalign’s portfolio of AI know-how, makes use of convolutional neural community know-how to automate numerous duties corresponding to segmenting medical pictures, measuring anatomic buildings, and planning pedicle screw placement.
As a part of Surgalign’s HOLO AI portfolio, HOLO AI Insights analyzes customary protocol lumbar spine MRI pictures, offering quantitative measurements of 16 totally different anatomic buildings within the spine. At the moment, this picture processing is being utilized for retrospective knowledge evaluation of affected person particular medical info from collaborating websites. The insights generated have the potential for a number of functions in inhabitants well being, medical analysis, and sooner or later, affected person care.
Surgalign has partnered with neuro and orthopedic spine surgeons Hani Malone MD, Greg Mundis MD and Robert Eastlack MD of the San Diego Backbone Basis for the primary analysis deployment of HOLO AI Insights. “Greater than 90% of patient-generated well being knowledge is within the type of unstructured medical imaging knowledge.1 Reworking this unstructured knowledge into structured datasets of biomarkers, and mixing them with affected person knowledge corresponding to demographics, comorbidities, medical knowledge, and affected person reported end result scores, has vital potential to offer new medical insights,” mentioned Dr. Malone. “I consider that these AI-driven insights can radically increase medical resolution making and in the end enhance affected person care.”
“We’re very excited to associate with medical doctors Malone, Mundis and Eastlack in evaluating the potential of HOLO AI. There’s no query that AI is remodeling healthcare, and it’s Surgalign’s mission to leverage its AI know-how to assist enhance the lives of sufferers affected by degenerative or congenital spinal pathologies. The partnership with the San Diego Backbone Basis is a large leap ahead in progressing on that mission,” mentioned Terry Wealthy, President and Chief Government Officer of Surgalign.
HOLO AI additionally powers Surgalign’s HOLO Portal™ surgical steering system, by robotically segmenting intra-operative 3D pictures and proposing a plan for surgical procedure. The HOLO Portal system acquired FDA 510(okay) clearance in January of 2022. The addition of HOLO AI Insights is an extra step in Surgalign’s mission to remodel affected person care with synthetic intelligence.
HOLO AI Insights isn’t a medical gadget and isn’t supposed for use for affected person therapy.
About Surgalign Holdings, Inc.
Surgalign Holdings, Inc. is a world medical know-how firm dedicated to the promise of digital well being to drive transformation throughout the surgical panorama. Uniquely aligned and resourced to advance the usual of care, the corporate is constructing applied sciences physicians and different well being suppliers will look to for what is really attainable for his or her sufferers. Surgalign is targeted on creating options that predictably ship superior medical and financial outcomes. Surgalign markets merchandise all through the USA and in roughly 50 international locations worldwide by means of an increasing community of prime impartial distributors. Surgalign is headquartered in Deerfield, IL, with industrial, innovation and design facilities in San Diego, CA, Warsaw and Poznan, Poland, and Wurmlingen, Germany. Study extra at www.surgalign.com and join on LinkedIn and Twitter.
Ahead Trying Assertion
This press launch accommodates forward-looking statements primarily based on administration’s present expectations, estimates and projections about our business, our administration’s beliefs and sure assumptions made by our administration, and such forward-looking statements embody (amongst others) statements relating to anticipated future monetary and working efficiency (together with forecasted full-year income and variety of HOLO websites secured), product rationalization and expense discount initiatives and the outcomes thereof, potential third social gathering financing and anticipated money wants. Phrases corresponding to “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” variations of such phrases and comparable expressions are supposed to determine such forward-looking statements. The forward-looking statements are usually not ensures of future efficiency and are primarily based on sure assumptions together with normal financial circumstances, in addition to these throughout the Firm’s business, and quite a few different elements and dangers recognized within the Firm’s most up-to-date Kind 10-Okay, 10-Q and different filings with the SEC. Our precise outcomes could differ materially from the anticipated outcomes mirrored in these forward-looking statements. Necessary elements that might trigger precise outcomes to vary materially from the anticipated outcomes mirrored in these forward-looking statements embody dangers and uncertainties regarding the next: (i) the Firm’s entry to sufficient working money move, commerce credit score, borrowed funds and fairness capital to fund its operations and pay its obligations as they develop into due, and the phrases on which exterior financing could also be accessible, together with the impression of opposed developments or disruption within the world credit score and fairness markets; (ii) dangers regarding current or potential litigation or regulatory actions; (iii) the identification of management deficiencies, together with materials weaknesses in inner management over monetary reporting; (iv) normal worldwide financial circumstances and associated uncertainties; (v) the continued impression of the COVID-19 and the Firm’s makes an attempt at mitigation, notably in worldwide markets served by the Firm; (vi) the failure by the Firm to determine, develop and efficiently implement its strategic initiatives, notably with respect to its digital surgical procedure technique; (vii) the reliability of our provide chain; (viii) our capability to fulfill obligations, together with buy minimums, below our vendor and different agreements; (ix) whether or not or when the demand for procedures involving our merchandise will enhance; (x) our monetary place and outcomes, complete income, product income, gross margin, and operations; (xi) failure to comprehend, or sudden prices in looking for to comprehend, the anticipated advantages of the Holo Surgical Inc. (“Holo Surgical”) and Inteneural Networks Inc. (“INN”) acquisitions, together with the failure of Holo Surgical’s and INN’s services to be satisfactorily developed or obtain relevant regulatory approvals or on account of the failure to commercialize and distribute its merchandise; (xii) the failure to successfully combine Holo Surgical’s and INN’s operations with these of the Firm, together with: retention of key personnel; the impact on relationships with clients, suppliers, and different third events; and the diversion of administration time and a focus to the combination; (xiii) the variety of shares and amount of money that might be required in reference to any post-closing milestone funds, together with on account of modifications within the buying and selling worth of the Firm’s widespread inventory and their impact on the amount of money wanted by the Firm to fund any post-closing milestone funds in reference to the acquisitions; (xiv) the continuation of latest high quality points with respect to our world provide chain; (xv) the impact and timing of modifications in legal guidelines or in governmental laws; and (xvi) different dangers described in our public filings with the SEC. These elements needs to be thought-about rigorously, and undue reliance shouldn’t be positioned on the forward-looking statements. Every forward-looking assertion on this communication speaks solely as of the date of the actual assertion. Copies of the Firm’s SEC filings could also be obtained by contacting the Firm or the SEC or by visiting Surgalign’s web site at http://www.surgalign.com/ or the SEC’s web site at http://www.sec.gov/. We undertake no obligation to replace these forward-looking statements besides as could also be required by regulation.
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1. EMC Digital Universe & IDC: The Digital Universe Driving Knowledge Progress in Health Care Challenges and Alternatives for IT (2014)