Philips complete purchase of Carestream imaging IT line

Carestream Health has completed the sale of its healthcare information solutions to Royal Philips, completing a deal announced in March.

Philips, which offers its solutions in nearly 40 countries including the U.S., now will be able to offer providers a broader portfolio of healthcare IT systems to simplify medical image management, enable effective collaboration and enhance patient care, the company says.

Terms of the closing transaction were not disclosed.

After the sale, Carestream Health will retain its market position in medical imaging systems and X-ray equipment, medical and dental films, non-destructive testing films and industrial imaging systems, and precision coating services.

Also See: Carestream Health to sell imaging IT line to Philips

Carestream—the former health group of Eastman Kodak—provides imaging information technology solutions to multi-site hospital organizations, radiology service providers, imaging centers and specialty medical clinics worldwide.

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Philips’ expanded healthcare IT business now includes Carestream’s enterprise imaging platform—including its vendor-neutral archive, diagnostic and enterprise viewers, multimedia reporting, workflow orchestrator and clinical, operational and business analytics tools.

Philips has announced preliminary plans to integrate the two businesses. Nearly 1,000 employees associated with Carestream’s healthcare information solutions business will be transferred to Philips this year.

“By becoming part of Philips, the (Carestream) HCIS business will have a greater opportunity to thrive and grow,” said Ludovic d’Aprea, Carestream’s general manager for the acquired line in a previously released statement. “Customers will have access to a broader portfolio of healthcare IT solutions to simplify medical image management, enable effective collaboration and enhance patient care.”

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