E-Systems exerted stronger control over picture archiving andcommunication systems firm Advanced Video Products last week withthe replacement of AVP founder Thomas J. Goliash as presidentand CEO. Goliash will remain with E-Systems, focusing on
E-Systems exerted stronger control over picture archiving andcommunication systems firm Advanced Video Products last week withthe replacement of AVP founder Thomas J. Goliash as presidentand CEO. Goliash will remain with E-Systems, focusing on strategicgrowth issues as vice president of development for E-Systems MedicalElectronics (E-Med). E-Med is the E-Systems subsidiary createdto hold AVP and future businesses developed or acquired in themedical field.
Linwood Givens, former director of the image processing groupat E-Systems, replaced Goliash as AVP president. Image processingis one of E-Systems' defense-related technologies being transferredover to E-Med for potential medical use.
PACS entrepreneur Goliash sold his Littleton, MA, company tothe $2 billion Dallas conglomerate last year (SCAN 11/4/92). Thesize and financial stability of AVP's new parent have helped AVPovercome customer uneasiness about company viability and long-termproduct support issues, Goliash told SCAN.
"It (the acquisition) has given us more respect in the(PACS) market. When you sell systems that cost over $500,000,customers want to know the company is financially stable. As asmall company, that was hard for us to prove when we were up againstcompanies like Kodak," Goliash said.
As an independent company, AVP did not have the luxury to planmuch beyond a two-year time frame, he said. Now, the company hasthe resources to improve long-range planning.
AVP is the only unit in E-Med, and the parent company is anxiousto see faster growth in its medical business. Growth is likelyto take place at first in medical imaging, particularly in areascomplementary to AVP's business and technical expertise, Goliashsaid. E-Systems will study ways to grow AVP internally and addnew companies to its medical business.
"You can't be a $10 million or $15 million company ina $2 billion organization. We have to make E-Med grow," hesaid.
While capital-intensive scanner sales have been sluggish oflate, hospital and clinic customers seem willing to invest insmaller sub-PAC systems, such as ICU/CCU connections, which costroughly $300,000, he said.
Customers are also increasingly anxious to make better useof their current imaging systems, Goliash said. These efficiencyneeds have helped boost teleradiology sales for MRI and CT connectionsbetween hospitals and clinics.
Study Reaffirms Low Risk for csPCa with Biopsy Omission After Negative Prostate MRI
December 19th 2024In a new study involving nearly 600 biopsy-naïve men, researchers found that only 4 percent of those with negative prostate MRI had clinically significant prostate cancer after three years of active monitoring.
Study Examines Impact of Deep Learning on Fast MRI Protocols for Knee Pain
December 17th 2024Ten-minute and five-minute knee MRI exams with compressed sequences facilitated by deep learning offered nearly equivalent sensitivity and specificity as an 18-minute conventional MRI knee exam, according to research presented recently at the RSNA conference.
Can Radiomics Bolster Low-Dose CT Prognostic Assessment for High-Risk Lung Adenocarcinoma?
December 16th 2024A CT-based radiomic model offered over 10 percent higher specificity and positive predictive value for high-risk lung adenocarcinoma in comparison to a radiographic model, according to external validation testing in a recent study.