Carestream Health sells its healthcare IT business to Philips

Carestream Health has signed an agreement to sell its healthcare information systems (HCIS) business to Philips. Carestream’s HCIS business unit provides imaging IT solutions to multi-site hospitals, radiology services providers, imaging centers and specialty medical clinics around the world.

The business has developed strong customer relationships in attractive, high-growth healthcare segments and is positioned for continued growth and success. As a result of this acquisition, Philips’ expanded healthcare IT business will feature Carestream’s enterprise imaging platform—including best in class VNA, diagnostic and enterprise viewers, multimedia reporting, workflow orchestrator and clinical, operational and business analytics tools—as part of its broad portfolio.

David C. Westgate
Chairman, President, and CEO,
Carestream

“These established businesses have solid financial foundations, innovative technology platforms and have earned the trust of loyal customers around the world. Our 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.”