Impact of TechLive Remote Screening Technology on Imaging Capacity
TechLive, FDA-cleared, enables remote scanning of MRI, CT, PET/CT, and ultrasound procedures, significantly improving operational efficiency.
In a pilot at 64 New York locations, TechLive reduced MRI room closures by 42% in Q2 2025 compared to Q2 2024.
Implementation of TechLive has expanded center operating hours, allowing for more procedures without additional staffing, with a potential capacity increase of up to 40% in busy centers.
The technology has demonstrated the ability to staff exam rooms more effectively, reducing closures and increasing patient throughput, especially in high-demand markets.
RadNet aims to connect over 300 systems with TechLive by early 2026, which could substantially increase advanced imaging capacity and revenue.
Progress Toward 100 Nanox.ARC System Installations and Market Expansion
Nanox is on track to meet its goal of 100 system installations by the end of 2025, with over 20 systems currently operational and scanning patients.
The company has expanded its pipeline significantly, with a focus on U.S. small- and medium-sized clinics and several European countries including Romania and Greece.
A notable installation is at Keiser University, integrating Nanox.ARC into radiology education, which aims to train future radiologists early in their careers.
Nanox is developing a mobile imaging solution that will bring high-quality diagnostics directly to clinics via a traveling medical imaging vehicle, expanding access and revenue opportunities.
Medtronic's Strategic Portfolio Reorientation and Growth Initiatives
Medtronic announced a new strategic focus on higher growth areas, including M&A, portfolio optimization, and increased R&D investments, aiming for sustained outsized earnings growth.
The company has appointed two new independent board members with deep med tech experience to support its growth and operational strategies.
New governance committees focused on growth and operational efficiency have been established to support management and accelerate strategic initiatives.
Management emphasized a shift towards more aggressive capital allocation and portfolio reorientation to unlock value and drive higher growth.
The upcoming Investor Day in mid-2026 will detail the new long-term financial targets and strategic outlook, signaling a significant strategic reset.