Carestream Health Signs An Agreement To Sell Its Healthcare IT Business To Philips

Healthcare News

Carestream_Health-Signs-An-Agreement-To-Sell-Its-Healthcare-IT-Business-To-Philips Carestream Health Signs An Agreement To Sell Its Healthcare IT Business To PhilipsLeading provider of medical imaging and healthcare IT solutions and non-destructive testing equipment, Carestream Health has signed an agreement recently to sell its healthcare information systems business to Philips. General Manager for healthcare information solutions at Carestream, Ludovic D’Aprea said that they have had global success in providing radiology and enterprise imaging IT systems. He further noted that by 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’s 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, D’Aprea added. According to Carestream, it would retain its medical imaging, dental and industrial films, non-destructive testing, and precision coating businesses. Apart from this agreement between both companies, they will keep operating independently until the close of the sale that is anticipated to take place in the second half of the year. Carestream Chairman, President, and CEO David Westgate pointed out that his company’s focus will be on delivering innovation that is life changing—for patients, customers, channel partners, communities and other stakeholders, and we will grow the company for long-term success.

Headquartered in Rochester, New York, Carestream Health, formerly known as Eastman Kodak Company’s Health Group, is an independent subsidiary of Onex Corporation, Canada’s largest corporations. Well-known for medical imaging and healthcare IT solutions for healthcare providers, Carestream Health is a dynamic company with more than 100 years of leadership in medical imaging.