Philips acquires Carestream Health imaging informatics business

Philips has agreed to acquire the healthcare information systems (HCIS) business unit of Carestream Health. The HCIS business provides imaging IT solutions to multi-site hospitals, radiology services providers, imaging centres and specialty medical clinics around the world. The acquisition expands Philips' capabilities in healthcare IT including diagnostic and enterprise viewers, multimedia reporting, and clinical, operational and business analytics tools.

Robert Cascella, Chief Business Leader Precision Diagnosis at Royal Philips, said: "This 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’s cloud-based enterprise imaging informatics platform and complementary geographic footprint will provide a solid foundation to deliver on the promise of precision diagnosis."

Carestream will retain its medical imaging, dental and industrial films, non-destructive testing, and precision coating businesses which are not impacted by the sale.