Parascript Announces New Model to Reduce CAD for Mammography Costs


Longmont, CO, April 04, 2019 (GLOBE NEWSWIRE) -- Parascript, the innovation leader in advanced imaging, today announced a new payment model that drastically reduces the costs for Computer-Aided Detection (CAD) in mammography while also delivering superior CAD software. The new Parascript model is designed to lower costs and improve the quality of care to better serve radiologists and help their patients maintain good health.

“CAD for mammography should be about improving the standard of care and not about excessive IT expenses,” said Alexander Filatov, CEO of Parascript. “With Parascript AccuDetect CAD for Mammography, we help ensure superior performance and reduce the cost of CAD by literally 90%, whether our clients are looking for a new system or interested in reducing support payments for their current systems.”

Parascript AccuDetect CAD uses multiple independent cancer detection algorithms and a unique patented voting methodology to combine its findings. Comparing the results of the multiple image recognition processes allows for improved sensitivity and reduced false‐positive rates.

Parascript AccuDetect CAD for Mammography offers increased sensitivity and specificity of radiologists* - 18.8%* increase in cancer detection while delivering a 14.2%* decrease in recalls (decrease in patients sent for diagnostic workup). Additional benefits include:

    • High performance on dense breasts*
      • 85% sensitivity* and 43%* specificity
      • Sensitivity and specificity on dense breasts similar to sensitivity (90%*) and specificity (46%*) on fatty and scattered fibroglandular breasts
      • False positive on dense breasts is less than false positive on scattered and fibroglandular breasts*
    • Low false positive rates*

“Parascript is basically revolutionizing mammography CAD by providing the best performing system for dense breast tissue,” explained Mr. Filatov. “AccuDetect improves both sensitivity and specificity, and does it in one-third of the time required by other available products on the market today.”

 

About Parascript, LLC

Parascript automates the extraction of meaningful, contextual data from image and document-based information to support medical imaging, as well as transactions, information governance, fraud prevention and business processes. More than 100 billion images and documents for financial services, government organizations and the healthcare industry are analyzed annually by Parascript software. Our OEM and value-added reseller network partners integrate and distribute Parascript software in the US and across the world. Visit Parascript.


            

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