OneMedNet Corporation, a leader in AI-powered Real-World Data, has formed a long-term strategic partnership with Circle Cardiovascular Imaging Inc. to leverage high-quality data for cardiac diagnostics and AI model development. OneMedNet's iRWD platform will provide Circle CVI with secure access to a growing network of real-world cardiovascular imaging data from over 1,750 provider sites, spanning over 131 million exams.
OneMedNet Corporation (NASDAQ:ONMD), a leading provider of AI-powered Real-World Data (RWD), has entered into a long-term strategic partnership with Circle Cardiovascular Imaging Inc. (Circle CVI). This collaboration aims to leverage high-quality data for advancements in cardiac diagnostics and AI model development. The partnership involves OneMedNet's iRWD platform providing Circle CVI with secure access to a growing network of real-world cardiovascular imaging data from over 1,750 provider sites, encompassing over 131 million exams [1].
Circle CVI, a global leader in advanced cardiovascular imaging solutions, has selected OneMedNet's iRWD platform to access diverse and regulatory-grade imaging, ECG, and other cardiovascular datasets. The data will be delivered within 30 days, marking the beginning of a long-term subscription-based collaboration [1].
The strategic partnership signifies a shift for OneMedNet from one-time data transactions to a recurring revenue model, which is expected to enhance revenue predictability and growth. For Circle CVI, the partnership offers continuous access to high-quality, regulatory-grade data essential for AI model development and clinical innovation [1].
According to Erkan Akyuz, CEO of Circle CVI, "Our initial experience with OneMedNet was exceptional—the quality, depth, and regulatory readiness of the data exceeded our expectations. It quickly became clear that this wasn’t just a one-time transaction, but the beginning of a long-term collaboration. That’s why we made the decision to partner with OneMedNet and move forward with a subscription—so we can continually access the high-quality, Real-World imaging data we trust to power our innovation" [1].
Aaron Green, President and CEO of OneMedNet, commented, "We’re thrilled to enter into this long-term, collaborative relationship with Circle CVI. This partnership is a testament to the quality of our Real-World Data—trusted by leading healthcare companies to accelerate innovation, by meeting the precise customer requirements for longitudinal clinical data with the ultimate goal of improving patient outcomes" [1].
The partnership exemplifies the growing industry trend toward real-world evidence as a foundation for medical innovation. It also demonstrates OneMedNet's commitment to providing high-quality, regulatory-grade data, which is increasingly valuable in the face of intensifying regulatory scrutiny of AI applications in healthcare [1].
The announcement of data delivery within 30 days suggests near-term revenue recognition for OneMedNet, although specific financial terms remain undisclosed. For investors, this partnership underscores the market validation of OneMedNet's data quality and the potential for expanding subscription revenue if the company can replicate this model with other healthcare technology partners [1].
References
[1] https://www.stocktitan.net/news/ONMD/one-med-net-initiates-new-subscription-revenue-model-in-partnership-qbi5vzi61cmp.html
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