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News Article | June 20, 2017
Site: www.marketwired.com

PENSACOLA, FL--(Marketwired - June 20, 2017) - Intelligent Retinal Imaging Systems, Inc. (IRIS), the industry leader in early detection systems for diabetic eye disease, today announced the company successfully closed a round of Series B financing. The round was led by Ballast Point Ventures, a later-stage venture capital and growth equity firm that invests in rapidly growing, privately owned companies in the health care and technology industries. The round also includes investments from two healthcare system funds, Providence Ventures and current IRIS customer, CoxHealth. Funds raised will be used to support the company's expansion and growth strategy as well as to support IRIS's goal of developing the next generation of products that detect eye disease and improve the monitoring and care of patients in diabetic populations. "IRIS was founded with the idea that through innovative and forward-thinking preventative care systems, we could save the sight of millions of patients," said IRIS Founder and Chief Medical Officer, Dr. Sunil Gupta. "Everyone deserves a lifetime of sight. I am pleased that Ballast Point Ventures, Providence Ventures and CoxHealth have joined IRIS to improve the lives of patients with diabetes and see the value in our goal to develop the next generation of solutions." "With the capital from this financing, IRIS will be able to build on its leading position in the market while continuing to innovate and serve its forward-thinking health system clients," said Matt Rice, Partner at Ballast Point Ventures. "We are excited to partner with Dr. Sunil Gupta, Jason Crawford, and the entire IRIS team to execute on the company's mission of ending preventable blindness." "IRIS is emblematic of Providence Ventures' investment strategy. Our fund's interest was driven by deep insights collected from our Providence St. Joseph Health operating colleagues, and their enthusiasm regarding IRIS's diverse and important value proposition. Providence St. Joseph Health's clinical leaders are excited about the potential of the IRIS solution to dramatically enhance our ability to care for diabetic patients," added Jeff Stolte, Partner at Providence Ventures. "CoxHealth and IRIS have developed a partnership that has produced meaningful outcomes for our patients," said Jake McWay, Senior Vice President and CFO of CoxHealth. "In recognition of the results we achieved over the last year, we were jointly awarded a 2017 Microsoft Health Innovation Award. We are excited to see the impact of this expansion and investment, and believe great things are ahead for this collaboration." The IRIS retinal telemedicine platform was developed to help end preventable, permanent blindness caused by diabetic retinopathy through early diagnosis. The IRIS platform is in place at 94 health systems across 28 states. IRIS seamlessly sits within a primary care physician's existing workflow, dramatically increasing a health system's ability to achieve superior annual diabetic retinopathy compliance rates. IRIS enables health systems to increase access, improve care coordination, lower costs and achieve 5-Star outcomes. In four years, IRIS clients have examined 183,498 patients with diabetes and found sight-threatening disease in nearly 31,624. One-third of the patients examined with the IRIS technology have been diagnosed with some form of retinal pathology. "Great strides have been made to unseat diabetic retinopathy as the leading cause of blindness worldwide. The only barrier to success is early detection. IRIS closes the care gap for those patients that do not receive annual diabetic retinal exams. This investment will allow IRIS's committed team and partners to execute to our vision of preventing blindness both here in the U.S. and worldwide," added Dr. Gupta. "Ballast Point Ventures, Providence Ventures and CoxHealth bring a deep understanding of the importance of population health management," said IRIS CEO, Jason Crawford. "This investment will help us continue to improve the infrastructure, technology and services we deliver to our customers. It will lead to innovation that will place IRIS in a strong position to fuel the future of our product and improve the lives of every patient with diabetes that we touch." Matt Rice from Ballast Point Ventures and Jeff Stolte from Providence Ventures will join the IRIS Board of Directors, and Dr. C. Mark Costley, M.D. of CoxHealth will serve as Chair of IRIS's newly established Clinical Advisory Board. IRIS was advised by Ziegler, a healthcare-focused investment bank headquartered in Chicago, Ill. About Ballast Point Ventures Ballast Point Ventures is a later-stage venture capital fund established to provide expansion capital for rapidly growing, privately owned companies in diverse industries, with a particular emphasis on companies located in the Southeast and Texas. The BPV partners have more than 70 years of combined experience investing in and building high-growth companies in a number of industries, including healthcare, business services, communications, technology, financial services and consumer. BPV has $360 million under management and seeks to make equity investments ranging in size from $4 million to $12 million. www.ballastpointventures.com About Providence Ventures and Providence St. Joseph Health Providence Ventures was founded in 2014 to manage a $150 million venture capital fund on behalf of Providence St. Joseph Health. Providence Ventures aims to drive innovation across the health care system to improve quality and convenience, lower cost and create better health outcomes. Providence St. Joseph Health is a new organization created by Providence Health & Services and St. Joseph Health with the goal of improving the health of the communities it serves, especially those who are poor and vulnerable. Together, its 111,000 caregivers (all employees) serve in 50 hospitals, 829 clinics and a comprehensive range of services across Alaska, California, Montana, New Mexico, Oregon, Texas and Washington. About CoxHealth CoxHealth is the only locally owned, not-for-profit health system based in Springfield, Mo., and is nationally accredited by DNV GL - Healthcare. Established in 1906, the organization serves a 25-county service area in southwest Missouri and northwest Arkansas, offering a comprehensive array of primary and specialty care through five hospitals and more than 80 clinics. CoxHealth also serves the unmet needs of its friends and neighbors by providing more than $148 million annually in community benefit. The health system includes Cox Medical Center South, Cox Medical Center Branson, Cox North Hospital, Meyer Orthopedic and Rehabilitation Hospital, Cox Monett Hospital, Oxford HealthCare (the nation's second largest hospital-based home health agency), Home Parenteral Services (home infusion therapy), CoxHealth Foundation, Cox College, Cox HealthPlans and more. About Intelligent Retinal Imaging Systems Intelligent Retinal Imaging Systems (IRIS) is the industry leader in early detection systems for diabetic eye disease. The company's IRIS solution is an end-to-end FDA-cleared, telemedicine system that has improved quality, expanded access and reduced costs for diabetic retinopathy exams across the U.S. IRIS was founded in 2011 by nationally recognized retina surgeon Dr. Sunil Gupta, with a vision to end preventable blindness through the development and deployment of retinal diagnostic services in the primary care setting. The IRIS team of physicians, technicians and best practice client success experts partner with forward-thinking providers and payers to enhance patient outcomes by closing care gaps in healthcare systems. IRIS is the recipient of the 2017 Microsoft Innovation Award and the 2016 Frost & Sullivan New Product Innovation Award in Diabetic Retinopathy. For additional information, visit www.retinalscreenings.com.


Patent
Intelligent Imaging Systems | Date: 2016-08-29

A database of high risk locations is formed and high risk causal factors for the high risk locations determined. Driver behavior is monitored at the sites in the database using data collection devices such as electronic logging devices or mobile phones to see if the drivers exhibit the same specific behaviors that are considered contributing factors to specific accident types at risk of occurrence at those sites. Warnings are provided to drivers approaching the specific sites to prompt behavioral changes which may further be monitored by the data collection devices.


News Article | October 31, 2016
Site: www.marketwired.com

PENSACOLA, FL--(Marketwired - October 31, 2016) - Intelligent Retinal Imaging Systems' (IRIS) diabetic retinopathy diagnostic solution has now examined more than 100,000 patients with diabetes, diagnosing nearly 10 percent with immediate, sight-threatening disease and 47 percent with some form of pathology, company officials announced today. Diabetic retinopathy is the leading cause of preventable blindness in the United States in people 20 to 65 years of age. The standard approach to diabetic retinal exams (DREs) focuses on referring patients with diabetes to an eye specialist, leaving 50 percent of them unexamined each year. At current rates, one in three Americans with diabetes will have diabetic retinopathy by 2050. Early detection can reduce the risk of severe vision loss by 90 percent, and can significantly reduce long-term healthcare costs. IRIS' FDA-cleared, telemedicine service improves quality of care by providing access to digital retinal exams in primary care offices which enables physicians to close a care gap for patients with diabetes and be in compliance with a critical Healthcare Effectiveness Data and Information Set (HEDIS) requirement. "We are proud of the partnerships we've established with primary care physicians to reach this milestone, but we're just getting started. Thirty million Americans have diabetes, and half of them go unexamined. If IRIS can provide retinal exams quickly and inexpensively to more patients while making the primary physician's job easier, everyone wins," said IRIS CEO Jason Crawford. "Over the last two years, we have seen an astonishing demand for the IRIS solution. Our Company's growth has tripled and I see that trend continuing in 2017. As a result, we will be doubling our workforce, which will enable us to meet the demand for our technology and provide access for more patients to be examined." Many IRIS clients, which include major health systems and physician group practices, have successfully integrated the IRIS diabetic retinopathy diagnostic solution with their electronic health records. The integrations increase data availability and accuracy, while ensuring diagnoses are appropriately recorded, referred and billed. IRIS not only ensures compliance with HEDIS but reduces the burden associated with reporting, while improving efficiency and enabling providers to focus on patient care. Intelligent Retinal Imaging Systems (IRIS) is a Pensacola, Fla.-based company founded in 2011 by nationally recognized retina surgeon Dr. Sunil Gupta, with a vision to end preventable blindness through the development and deployment of retinal diagnostic services in the primary care setting. The company's IRIS solution is an FDA-cleared, telemedicine service that has improved quality, expanded access and reduced costs for diabetic retinopathy exams across the U.S. A team of physicians, technicians and practice management experts at IRIS partner with forward-thinking providers and payers to enhance quality patient outcomes and the overall healthcare system. IRIS is the recipient of the 2016 New Product Innovation Award in Diabetic Retinopathy in North America by Frost & Sullivan. For additional information, visit www.retinalscreenings.com.


News Article | February 21, 2017
Site: www.marketwired.com

PENSACOLA, FL--(Marketwired - February 21, 2017) - Intelligent Retinal Imaging Systems (IRIS) and CoxHealth today announced the two organizations have been named recipients of Microsoft Corp.'s 2017 Health Innovation Awards. The awards, which were announced at the 2017 HIMSS Annual Conference and Exhibition in Orlando, Fla., recognize health organizations and their technology solution partners for using Microsoft devices and services in innovative ways that help engage patients, empower care teams, optimize clinical and operational effectiveness, and transform the care continuum. The 2017 winners are transforming the industry by creating breakthrough solutions that empower health and life sciences organizations, while meeting global, local and industry-specific compliance and security standards. CoxHealth, a locally owned not-for-profit health system, serves a population of 24,000 patients with diabetes in Missouri. While diabetes is the leading cause of adult-onset blindness, 95 percent of vision loss is preventable due to modern therapies such as the diabetic retinal exam (DRE). In partnership with IRIS and its retinal telemedicine platform, CoxHealth was able to bring the DRE to its patients with diabetes at the primary point of care. This closed a sizeable care gap that was having a negative impact on the organization's Healthcare Effectiveness Data and Information Set (HEDIS) quality scores. "IRIS' diabetic retinopathy diagnostic solution allows us to offer retinal testing for our entire diabetic population in a simple and easily accessible way," said Dr. Mark Costley, CoxHealth's medical director. "By placing the exam at the primary point of care and connecting the data with our EMR, in five months we have examined more than 2,600 patients. We have detected 800 potential sight-threatening conditions, including 347 that had a form of diabetic retinopathy with the potential of causing near term blindness. CoxHealth is closing the care gap among our patients with diabetes while significantly supporting our ability to improve our compliance rates." Before implementing IRIS, CoxHealth's compliance rates for the DRE was just 32 percent, but now their HEDIS compliance rates are steadily increasing with one key contract near 70 percent. The IRIS platform simultaneously improves quality, increases access and reduces cost of care for healthcare organizations like CoxHealth through comprehensive end-to-end system integration that begins with the identification of patients in need of an exam, optimizes imaging of the retina, provides a diagnosis, and ends with referral to an ophthalmologist and billing. "By bringing the DRE to the point of primary care and integrating with the EMR, IRIS enables health systems to better care for and treat their diabetic patient populations, helping to put an end to preventable, permanent blindness caused by diabetic retinopathy," said IRIS CEO, Jason Crawford. "We work closely with each of our customers, creating workflows, documenting processes and implementing best practices developed from our experience of working with more than 125 organizations. Our goal is to ensure patients with diabetes are properly diagnosed." "The health industry is undergoing a seismic shift in which intelligent technologies are helping organizations, communities and individuals improve care by helping them better understand and share information," said Laura Wallace, vice president, Health & Life Sciences, Microsoft. "This year's Microsoft Health Innovation Award recipients are advancing the goals of improved patient engagement and care coordination through their pioneering use of Microsoft devices, platforms and cloud services." Nominations were submitted by health providers, payers, pharmaceutical and life science organizations, and public and private health institutions across the world for applying Microsoft technology to create transformative and highly-effective innovations. An esteemed panel of industry experts selected this year's winners based on how their innovation represents a forward-thinking development or implementation of a solution that is delivering groundbreaking results and producing better health outcomes for more people. Recipients will be highlighted on the Microsoft website at http://www.microsoft.com/healthinnovationawards and on the Microsoft in Health blog at https://enterprise.microsoft.com/en-us/industries/health/?post_type=articles. About CoxHealth A community-based, not-for-profit health system, CoxHealth is headquartered in Springfield, Mo. It has been recognized with 28 number one ratings from CareChex, a division of Comparion Medical Analytics, and is nationally accredited by DNV GL - Healthcare. Established in 1906, the organization serves more than 900,000 people in a 25-county service area in southwest Missouri and northwest Arkansas, offering a comprehensive array of primary and specialty care including five hospitals and more than 80 clinics. The health system includes Cox Medical Center South, Cox Medical Center Branson, Cox North Hospital, Meyer Orthopedic and Rehabilitation Hospital, Cox Monett Hospital, Oxford HealthCare, Home Parenteral Services (home infusion therapy), CoxHealth Foundation, Cox College, Cox HealthPlans and more. About IRIS: About Intelligent Retinal Imaging Systems Intelligent Retinal Imaging Systems (IRIS) is a Pensacola, FL-based company founded in 2011 by nationally recognized retina surgeon Dr. Sunil Gupta, with a vision to end preventable blindness through the development and deployment of retinal screening services in the primary care setting. The company's IRIS solution is an FDA II-cleared, cloud-based service that has improved quality, expanded access and reduced costs for diabetic retinopathy exams. A team of physicians, technicians, practice management, and client success experts at IRIS have partnered with forward-thinking providers and payers to enhance quality patient outcomes. IRIS is the recipient of the 2016 New Product Innovation Award in Diabetic Retinopathy in North America by Frost & Sullivan. For additional information, visit www.retinalscreenings.com. Product or service names mentioned herein may be the trademarks of their respective owners.


Vin Toh K.K.,Intelligent Imaging Systems | Mat Isa N.A.,Intelligent Imaging Systems
IEEE Transactions on Consumer Electronics | Year: 2011

This paper presents an integrated deblurring and sharpness enhancement algorithm for restoration of images corrupted by mild blur and improvement of image details. The proposed algorithm is capable of capturing local image structure by adaptively clustering pixels geometric and radiometric features based on their local augmented variational series. By selectively utilizing the segmented features, deblurring and/or sharpening can be effectively performed without either producing noise magnification or over-sharpening artifacts. Experimental results from both simulated and real image data, which are comparable to recently published results, show that the proposed algorithm is superior over the state-of-the-arts. In addition, the proposed method is fully automated with no manual set-up and it enjoys the luxury of fast processing time. These make the proposed algorithm practically useful for image applications in consumer electronic products. © 2006 IEEE.


Patent
Intelligent Imaging Systems | Date: 2012-03-07

A location enabled mobile wireless device and central system cooperate to provide traffic control such as vehicle inspection site services and toll station services. Traffic control information such as vehicle inspection site information and toll station information is independently processed by a third party provider and sent to the central system. The mobile wireless device monitors its location and sends location and vehicle related information to the central system. The central system compares data from the third party provider and the mobile wireless device. The mobile wireless device or the central system take an action based on the comparison, such as toll payment or vehicle inspection site operations.


Patent
Intelligent Imaging Systems | Date: 2012-09-27

Magnetometers under the road surface detect variations in the vertical and longitudinal horizontal components of the magnetic field over time in response to passing vehicles. A trajectory of these components in the phase space of these field components is regularized to obtain a magnetic signature. Magnetic signatures are compared using cross-correlation over arc length to identify vehicles. Inductance sensors can be used to detect vehicles and help determine the beginning and end of magnetic signatures.


Patent
Intelligent Imaging Systems | Date: 2014-08-20

A location enabled mobile wireless device and central system cooperate to provide traffic control such as vehicle inspection site services and toll station services. Traffic control information such as vehicle inspection site information and toll station information is independently processed by a third party provider and sent to the central system. The mobile wireless device monitors its location and sends location and vehicle related information to the central system. The central system compares data from the third party provider and the mobile wireless device. The mobile wireless device or the central system take an action based on the comparison, such as toll payment or vehicle inspection site operations.


Trademark
Intelligent Imaging Systems | Date: 2015-06-01

Retinal screening systems for use by primary care clinicians and staff in order to capture retinal images for upload and analysis for the diagnosis of retinopathy, comprised of cameras, computers, and tables, excluding devices used in ophthalmic surgery. Retinal screening system installation services for primary care clinicians and staff in order to capture retinal images for upload and analysis for the diagnosis of retinopathy, excluding devices used in ophthalmic surgery. Providing non-downloadable software in the nature of a web-based platform for retinal image screening and interpretation for the diagnosis of retinopathy. Retinal image interpretation services for the diagnosis of retinopathy performed on images taken with retinal screening systems, excluding information regarding implants or ophthalmic surgery.


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