U.K. teleradiology services provider Hexarad has completed a 2.3 million pound (2.7 million euro) funding round.
The funding round included a 1.7 million pound (2 million euro) capital investment from private equity firm Foresight Group. Hexarad said it would use the new funds to support more National Health Service (NHS) and private healthcare customers, add more capabilities and specialization to its reporter network, and further improve its technology.
Founded in 2016 by a group of NHS consultant radiologists seeking to address the global radiologist shortage, Hexarad offers a teleradiology model that combines remote reporting with software designed to help radiology departments become more efficient, according to CEO Dr. Farzana Rahman.
