Kailo Medical Acquires REI AI to Revolutionize Radiology Reporting
Deal News | May 21, 2025 | PR Newswire Cision Kailo Medical Pty Ltd.
Kailo Medical, a prominent company in structured reporting for medical imaging, has announced its acquisition of REI AI, an innovative generative AI company. This acquisition represents a strategic alignment of both firms, emphasizing clinical insights and collaborative innovation. With REI AI's generative reporting technology, Kailo aims to integrate advanced features into clinical workflows to enhance speed, clarity, and consistency in diagnostic reporting. Dr. Reuben Schmidt, the founder of REI AI, will join Kailo as Director of Clinical AI, bringing his expertise to harness AI technologies in radiology. The acquisition is set to reinforce Kailo's position in key markets worldwide, including Australia, New Zealand, Canada, the United States, and South Africa. This move underlines Kailo's commitment to enabling radiologists to focus more on clinical evaluations by reducing the burdens of transcription and error management.
Sectors
- Healthcare Technology
- Artificial Intelligence (AI)
Geography
- Australia – Kailo Medical is headquartered in Melbourne, Australia, and is expanding its market influence in this region.
- United States – The expansion strategy of Kailo Medical includes the U.S. as a significant market.
- Canada – Canada is noted as one of the markets where Kailo Medical is deepening its impact through the acquisition.
- New Zealand – New Zealand is part of Kailo Medical's existing and expanding market as mentioned in the article.
- South Africa – South Africa is another target market for Kailo Medical's global strategy.
Industry
- Healthcare Technology – The article discusses the deployment of generative AI and structured reporting within medical imaging, which is a subset of healthcare technology.
- Artificial Intelligence (AI) – REI AI's expertise in generative AI and its integration into medical workflows highlights the role of artificial intelligence in this article.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Kailo Medical Pty Ltd. | Acquirer | Company | A global leader in structured reporting for medical imaging, based in Melbourne, Australia. |
| REI AI | Target company | Company | A generative AI company specializing in radiology reporting, founded by Dr. Reuben Schmidt. |
| Dr. Reuben Schmidt | Founder of REI AI and Director of Clinical AI at Kailo Medical | Person | Experience in using large language models in clinical workflows, improving radiology reporting. |
| Bernard Duscher | Co-founder at Kailo Medical | Person | Commented on the acquisition highlighting its benefit to radiologists. |
| Robert Newman | Co-founder at Kailo Medical | Person | Spoke about the expanded capabilities due to REI's technology. |
| Lauren Therriault | Vice President of Strategic Growth at Kailo Medical | Person | Media contact for Kailo Medical. |