A system for automatically identifying a needle insertion location from a medical diagnostic image, such as an MRI image, and providing a visual indication of the needle insertion location is disclosed. A grid plate is located proximate to an anatomical region and is preferably incorporated in an MRI support structure utilized to immobilize the anatomical region. An MRI scanner obtains an MRI image of the anatomical region, and an MRI technician places a marker on the MRI image, identifying the needle insertion location. The MRI image and the marker are transferred from the MRI scanner to another device, such as a tablet computer, which is configured to convert the MRI image and the marker to coordinates and an insertion depth. A visual indicator is located proximate to or integrated with the grid plate that provides the needle insertion coordinates and insertion depth to the MRI technician.