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Siemens to spin off health care unit

by Thomas Dworetzky, Contributing Reporter | November 10, 2016
Business Affairs


"The public listing is a key lever for reaching our strategic goal of being THE enabler for health care providers worldwide," said Healthineers CEO Bernd Montag, adding that "greater entrepreneurial freedom and agility will allow us to help shape the development of the global health care market and the growth strategies of successful health care providers. We'll enable our customers to participate successfully in the trends toward consolidation, industrialization and holistic health management with a high degree of clinical relevance, efficient workflows and financial value added."

Siemens Healthineers was in the news earlier this month, expanding its footprint as part of this expansion strategy, as HCB News reported when the health care powerhouse acquired Conworx Technology, the Berlin-based developer of point-of-care device interfaces and data management solutions.

"As hospitals consolidate and acquire physician offices, there is a huge need by emerging health care networks for seamless integration of hundreds of decentralized devices that are spread across dozens of sites," Peter Koerte, president, Point of Care Diagnostics, Siemens Healthineers, said of the motivation behind the deal.

"It is clear to us that to satisfy our customers' needs, we must deliver solutions that ensure superb connectivity, no matter which analyzer is being connected," he added. "We are determined to continue Conworx's practice of working closely with every vendor to ensure that all connected analyzers are working to the best of their ability."

The buy builds Siemens' informatics presence and underscores its strategic direction "to enable health care providers around the world to meet their current and evolving challenges and to excel in their respective environments," noted the company.
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