Carestream Health to Sell Its Healthcare IT Business to Philips

ROCHESTER, N.Y.--(BUSINESS WIRE)--Carestream Health has signed an agreement with Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, 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. "We have had global success in providing radiology and enterprise imaging IT systems to help medical professionals provide quality care and enhance their operations," said Ludovic d'Aprea, Carestream's General Manager for Healthcare Information Solutions.