Philips Completes Acquisition Of Carestream Health’s Healthcare Information Systems Business

Royal Philips announced that it has completed the previously announced acquisition of Carestream Health Inc.’s Healthcare Information Systems (HCIS) business in 26 of the 38 countries in which it operates. Carestream HCIS’s cloud-enabled enterprise imaging platform will expand Philips’ current enterprise diagnostic informatics solutions, including productivity enhancement, imaging data management, and advanced visualization and analysis. The financial terms of the transaction were not disclosed.

Philips expects to complete the acquisition of Carestream’s HCIS business in the remainder of the countries in which it operates over the course of 2019. This business will become part of Philips . . .