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Artificial intelligence based structured processing of textual radiological reports

Name of beneficiary

Neumann Medical Ltd.

Project title

Artificial intelligence based structured processing of textual radiological reports

Total financial support for consortium

99 803 110 Ft

Rate of support (percentage)

70,09%

Project launch date

01/01/2019

Planned project end-date

04/30/2020

Full name

Neumann Medical Ltd. (previously Neumann Projekt és Szervezési Ltd.)

Company registration number

01-09-694439

Tax number

12602128-2-42

Location

e1. floor, CityLab, 31, Tűzoltó street, H-1094 Budapest

Project ID number

2018-1.1.1-MKI-2018-00182

Project Summary

Neumann Medical Ltd. submitted a tender for the call “Funding to micro and small enterprises for innovation activities” proposed by the National Research, Development and Innovation Office with the title of Artificial intelligence-based and structured processing of textual radiological reports. According to the decision of the Supporter as of 19.10.2018, Beneficiary is granted a non-repayable grant of 99.803.110 HUF from the National Research, Development and Innovation Fund to implement the project proposal detailed in the Tender. The total cost of the project is 142.4 million HUF.

The unique software developed in the framework of the project from European Union fund would be capable of converting unstructured free text and vocal (dictated) information to structured data, thereby recording as much data generated through the entry of patient records as possible in a homogenous and standardized format. The software enables patient records to be entered as quickly as possible in a user-friendly manner, and allows users to record much more information compared to the usual free-text entry of patient records. The excess information collected in this way can not only be used as aid research projects, but forms the basis of the development of an artificial intelligence training database as well.