Corporate Updates

Philips Continues to Expand its Clinical Informatics Portfolio

Royal Philips Electronics has agreed to acquire the business of CDP Medical Ltd, an Israel-based provider of Picture Archiving and Communication Systems (PACS), and a subsidiary of medical device distributor Medtechnica Ltd. This acquisition marks the next step in the ution of Philips Healthcare’s strategy to expand its clinical informatics portfolio with solutions that increase its ability to meet the diverse and growing needs of the different markets around the world.PACS enable medical images to be stored electronically and viewed on doctor and clinician workstations in and outside hospitals, creating more efficient workflow and improved clinical results. PACS serves an increasingly crucial role in today’s healthcare environment as the need to streamline workflow and manage costs, all while providing high-quality care, is universally top of mind for governments, insurers, hospital administrators, and medical teams.

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