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Opendata, web and dolomites

MD-PACS

A new paradigm in medical imaging systems for hospitals, clinics and professionals in spite of their size

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

MD-PACS project word cloud

Explore the words cloud of the MD-PACS project. It provides you a very rough idea of what is the project "MD-PACS" about.

ignored clinics 3m 1m automation hospitals period model capacity size coherent automatically radiology savings adjusted md service cloud contracts hospital total afford diagnostic america investment plan laboratory purposes 60 technologies medical cut depending business automated pacs internationalization market impose leaders points players quality specialties computing solution budget estimate 65 integrates cardiovascular fine north cagr single tuning billion 2 private small dominated freelancers hise reducing 2014 maintenance functionalities cope global imaging world medium 10 significantly opportunity flagship allocated healthcare costly actions industry clear

Project "MD-PACS" data sheet

The following table provides information about the project.

Coordinator	MEDICAL DEV SL Organization address address: RIBERA DEL LOIRA 46 city: MADRID postcode: 28042 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
Coordinator Country	Spain [ES]
Project website	http://medicaldev.es/
Total cost	71˙429 €
EC max contribution	50˙000 € (70%)
Programme	1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)) 2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
Code Call	H2020-SMEINST-1-2014
Funding Scheme	SME-1
Starting year	2014
Duration (year-month-day)	from 2014-10-01 to 2015-03-31

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	MEDICAL DEV SL MEDICAL DEV SL Organization address address: RIBERA DEL LOIRA 46 city: MADRID postcode: 28042 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	ES (MADRID)	coordinator	50˙000.00

Map

Project objective

MD-PACS addresses the opportunity of providing a new product and business concept within the growing market for Medical Imaging Information Systems (which includes PACS and HISE). This market is estimated in €2,7 billion for 2014, with a 10% CAGR for the next years. Europe, together with North America account for over 60% of the world market.

The market is dominated by large players which impose costly contracts: their implementation and maintenance costs into an average-size hospital are estimated in 3M€ for a 10 years period. This represents about 2% of hospitals budget: savings could be allocated to quality of medical service. Furthermore, only medium and large hospitals can afford PACS and HISE. Small hospitals, clinics and diagnostic freelancers are ignored by industry leaders. There is a clear market opportunity for offering a comprehensive PACS-HISE solution under a new cost-effective business model.

The goal of our project is to open and lead this market by reducing PACS and HISE costs for healthcare organizations by 65%.

MD-PACS, our flagship product, is a cost-effective and fully reliable PACS with embedded HISE for radiology, laboratory and cardiovascular specialties. Based on cloud computing and automation technologies, MD-PACS is able to cope the needs of hospitals and clinics of any size, under a coherent and cost-effective business model: 1) Costs are automatically adjusted depending of capacity needed 2) automated maintenance tasks cut significantly maintenance costs; 3) It integrates PACS and HISE functionalities into a single product.

We plan to undertake detailed studies for identifying key actions points for the internationalization and fine-tuning of MD-PACS to make it a global success, purposes of Phase 2, for which we estimate a total budget of 1M€ for 1 year. In Phase 3 we will focus in further private investment.

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The information about "MD-PACS" are provided by the European Opendata Portal: CORDIS opendata.