Medstreaming

About Medstreaming

Medstreaming, established in 2006, operates as a healthcare information technology firm providing workflow solutions tailored for image-intensive medical specialties. The company was co-founded by Wael Elseaidy and Ewald de Vries, who were colleagues at Philips. Elseaidy, serving as CEO, brought prior experience as an engineering leader at GE Healthcare and Philips Health Systems. His academic background includes a Ph.D. in computer science, which informed the company's direction. Initially focusing on vascular software solutions, Medstreaming expanded its offerings to include cardiology in 2008 and later developed its own EMR for outpatients in 2009.

The company targets hospitals, health systems, outpatient labs, and ambulatory surgery centers. Its business model centers on providing a comprehensive, cloud-hosted platform that integrates various aspects of clinical and administrative workflows. Revenue is generated through the sale of its software solutions, which can be licensed or subscribed to as a service (SaaS), either as a complete package or as individual modules. The core of Medstreaming's offering is its all-in-one platform that combines an Electronic Medical Record (EMR) system, a Picture Archiving and Communication System (PACS), practice management, and billing software. This integration is designed to address data fragmentation in healthcare by creating a unified system for managing patient care, from imaging and diagnostics to reporting and reimbursement.

A key feature of Medstreaming's technology is its use of structured data and visual interactive tools to streamline documentation, thereby reducing reliance on traditional dictation and manual data entry. The platform supports specialties such as cardiovascular, radiology, vascular, and women's health. Its integrated PACS allows for the direct flow of DICOM images and measurements into the electronic health record, creating multimedia reports that help clinicians make faster, more informed decisions. The system is vendor-neutral, ensuring it can integrate with imaging equipment from various manufacturers. Over the years, Medstreaming has grown through strategic acquisitions, including Physician Billing Partners in 2016 to enhance its revenue cycle management capabilities, and M2S, a clinical data and imaging company, to expand into clinical research and registries software. In January 2024, Medstreaming was acquired by Harris Computer and now operates as part of Picis Clinical Solutions, Inc.