Carestream Health has signed an agreement with Royal Philips to sell its healthcare information systems (HCIS) business to Philips.
Carestream\u2019s HCIS business unit provides imaging IT solutions to multi-site hospitals, radiology services providers, imaging centers and specialty medical clinics around the world. The business has developed strong customer relationships in attractive, high-growth healthcare segments and is positioned for continued growth and success.
As a result of this acquisition, Philips\u2019 expanded healthcare IT business will feature Carestream\u2019s enterprise imaging platform\u2014including best in class VNA, diagnostic and enterprise viewers, multimedia reporting, workflow orchestrator and clinical, operational and business analytics tools\u2014as part of its broad portfolio.
\u201cWe have had global success in providing radiology and enterprise imaging IT systems to help medical professionals provide quality care and enhance their operations,\u201d said Ludovic D\u2019Aprea, Carestream\u2019s General Manager for Healthcare Information Solutions. \u201cBy becoming part of Philips, the HCIS business will have a greater opportunity to thrive and grow. Both organizations share a commitment to meaningful innovation which is deeply embedded in each company\u2019s culture. Customers will have access to a broader portfolio of healthcare IT solutions to simplify medical image management, enable effective collaboration and enhance patient care.\u201d
Like Carestream, Philips has built a strong, global business based on customer focus, world-class technical excellence and continuous innovation.
\u201cPhilips partners with global healthcare providers to connect people, information and technology with the commitment to deliver on the Quadruple Aim of improved patient experiences, better health outcomes, improved staff experiences, and lower costs of care,\u201d said Robert Cascella, Chief Business Leader Precision Diagnosis at Royal Philips. \u201cThis acquisition will enhance our ability to provide flexible solutions to hospitals and health systems. The combination of our successful innovations in imaging system platforms, workflow optimization and artificial intelligence-enabled informatics, combined with Carestream\u2019s cloud-based enterprise imaging informatics platform and complementary geographic footprint will provide a solid foundation to deliver on the promise of precision diagnosis.\u201d
Carestream will retain its medical imaging, dental and industrial films, non-destructive testing, and precision coating businesses which are not impacted by the sale. \u201cThese established businesses have solid financial foundations, innovative technology platforms and have earned the trust of loyal customers around the world,\u201d said David C. Westgate, Chairman, President and CEO of Carestream. \u201cOur focus will be on delivering innovation that is life changing\u2014for patients, customers, channel partners, communities and other stakeholders\u2014and we will grow the company for long-term success.\u201d
Following receipt of all regulatory and applicable government approvals, input from works councils and unions, and meeting all pre-conditions, the two companies will work towards closing the sale in the second half of 2019 and will continue to operate independently until closing. www.carestream.com<\/link>\n","protected":false},"excerpt":{"rendered":"
Carestream Health has signed an agreement with Royal Philips to sell its healthcare information systems (HCIS) business to Philips. Carestream\u2019s HCIS business unit provides imaging IT solutions to multi-site hospitals, radiology services providers, imaging centers and specialty medical clinics around the world. The business has developed strong customer relationships in attractive, high-growth healthcare segments and […]<\/p>\n","protected":false},"author":2,"featured_media":638,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-news"],"_links":{"self":[{"href":"https:\/\/interhospi.com\/wp-json\/wp\/v2\/posts\/803"}],"collection":[{"href":"https:\/\/interhospi.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/interhospi.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/interhospi.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/interhospi.com\/wp-json\/wp\/v2\/comments?post=803"}],"version-history":[{"count":1,"href":"https:\/\/interhospi.com\/wp-json\/wp\/v2\/posts\/803\/revisions"}],"predecessor-version":[{"id":10771,"href":"https:\/\/interhospi.com\/wp-json\/wp\/v2\/posts\/803\/revisions\/10771"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/interhospi.com\/wp-json\/wp\/v2\/media\/638"}],"wp:attachment":[{"href":"https:\/\/interhospi.com\/wp-json\/wp\/v2\/media?parent=803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/interhospi.com\/wp-json\/wp\/v2\/categories?post=803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/interhospi.com\/wp-json\/wp\/v2\/tags?post=803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}