Vital Images enters pact to buy Karos Health
Vital Images, an enterprise medical imaging and informatics company, has entered into an agreement to acquire Karos Health, which develops solutions to better enable the sharing and storage of clinical information.
Terms of the deal were not announced. Vital Images is operated by Toshiba Medical Systems Group.
Company executives say the acquisition will enable Vital Images and Karos to offer customers and OEM partners a robust imaging and informatics solution. The combined technologies provide a customer-centric, modular platform that enables hospital systems to solve a broad set of enterprise imaging challenges without requiring large-scale, disruptive PACS replacement of existing systems, executives contend.
The combined organizations will build on Karos’ experience in enabling healthcare interoperability, while Vital Images will continue its market leadership in advanced visualization, diagnostic viewing and image-processing algorithms to support personalized medicine.
“Karos Health’s solution set enables collaboration between healthcare providers and patient engagement, while providing secure access to complete the patient’s health record,” says Jim Litterer, president and CEO of Vital Images. “Karos’ technology allows Vital to provide one modular solution, giving CIOs the ability to adapt and grow their service delivery without disrupting existing investments.”
The non-disruptive approach championed by both Vital Images and Karos enables hospital systems to optimize diagnostic imaging workflows and deliver enterprise-wide imaging information to the EHR, helping to improve both patient and business outcomes, Litterer adds.
Rick Stroobosscher, CEO of Karos Health, adds: “From a marketplace perspective, this transaction will deliver a comprehensive solution to help hospital systems confidently navigate the global move towards personalized medicine, population health and the requirements of value-based care.”