Precision Medical Ventures, Inc. Dba Revealdx
About Precision Medical Ventures, Inc. Dba Revealdx
Precision Medical Ventures, Inc. Dba Revealdx (RevealDx) is a Seattle-based healthcare AI company focused on dramatically improving lung cancer outcomes through non-invasive diagnosis. They develop advanced, radiomics and AI-enabled, lung cancer decision support software. Their flagship product, RevealAI-Lung, is a Computer-Assisted Diagnostic (CADx) software that analyzes patient lung computed tomography (CT) images to provide information about lung nodules to radiologists.
RevealAI-Lung characterizes incidental lung nodules by generating a Malignancy Similarity Index (mSI), a score that assists radiologists in making more informed follow-up recommendations for cancer diagnosis. The software has been extensively validated in clinical trials, including studies with over 1,500 patients, demonstrating improved diagnostic precision and the ability to reduce false positives. It integrates directly into Picture Archiving and Communication Systems (PACS) to minimize disruption to radiology workflows and is reimbursable by U.S. Medicare under CPT codes 0721T and 0722T. RevealDx’s technology has received FDA clearance in the U.S., MDR certification in Europe, and TGA approval in Australia.
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| Key Investors | Westway Capital, 4DMedical, A-Level Capital, Alliance of Angels, Frontier Angels, Frost Data Capital, Life Science Angels |
| Partnerships | 4DMedical, Azra AI, TriHealth, Sirona, Riverain, Fuji PACS, contextflow |
| Acquisitions | Mindshare Medical (acquired by Precision Medical Ventures in March 2021) |
| Technology | AI-enabled lung cancer decision support software, radiomics, machine learning, direct PACS integration, cloud-native |
| FDA Clearances | 1 cleared products (estimated) |
What Physicians Need to Know
For physicians, RevealDx's RevealAI-Lung offers a powerful tool to enhance lung nodule assessment. The Malignancy Similarity Index (mSI) provides objective, AI-driven insights to aid in distinguishing benign from malignant nodules, potentially leading to earlier cancer diagnoses and reducing unnecessary invasive procedures. The software's direct integration into PACS systems streamlines workflow, allowing for single-click operation and rapid results. This augmentative technology uncovers radiomic biomarkers invisible to the human eye, adding significant value to radiologists' decision-making process and ultimately improving patient outcomes and potentially reducing healthcare costs.
RevealDx's RevealAI-Lung is designed for direct integration into Picture Archiving and Communication Systems (PACS), aiming to minimize disruption to radiologists' existing workflows. They have announced integrations with Riverain, Fujifilm PACS, and Sirona Medical's cloud-native radiology workflow platform. Additionally, a partnership with 4DMedical will embed RevealAI-Lung into their contextflow chest CT platform, combining AI risk scoring with functional lung physiology.
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