Practice management involves overseeing all business aspects of a medical practice including financials, human resources, information technology, compliance, marketing and operations.
The California-based company announced the finance news on June 2, citing its success in developing AI image enhancement software as a driving factor behind its growth.
Radiology and other specialties have expressed concern in recent years that inadequate payment rates could push practices to close or stop accepting the federal payment plan for seniors.
The solution was developed to be adaptable within the EHR, enabling improved communication of incidental findings beyond just pulmonary nodules to include other high-risk findings.
Although most medical providers see how artificial intelligence can benefit their practices, patients perceive docs who utilize AI in a less favorable light.
Physicians expressed concern Monday about newly proposed "efficiency adjustments" in the federal payment program, which could drag down reimbursement for many services.