Bangalore-based teleradiology services company Teleradiology Solutions has entered a joint venture (JV) with the Singapore-based National Healthcare Group (NHG).
The joint venture company is called Tele Rad, Singapore. It will be based in Singapore and will operate in Asia initially and later spread to other markets. Both companies will invest Singapore $100,000 each. Tele Rad will market the products globally and source work to India. At present, NHG Singapore has nine polyclinics, four hospitals, one national centre and three specialty institutes. Singapore has a Free Trade Agreement (FTA) with the US, and handles hospital needs of the US servicemen both retired and those who are posted in Asia.
For the last three years, Teleradiology Solutions has been servicing NHG Singapore, through a service contract. As part of the contract, 45% of all primary healthcare records totaling 35,000 radiology scans are sent to Bangalore for reading.
For the uninitiated, teleradiology is the remote interpretation of all non-invasive imaging studies such as CT, MRI, ultrasound medicine studies and digitized X-rays.
Read the Business Standard article.
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