Health IT

Siemens Healthineers makes its mark in population health through Medicalis acquisition

Siemens Healthineers, the healthcare unit of Siemens AG, is taking another step into the population health scene through a planned acquisition of Medicalis Corporation.

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In an attempt to expand its population health footprint, Siemens Healthineers — the healthcare unit of Siemens AG — has signed an agreement to acquire Medicalis Corporation, a company based in San Francisco, California, and Kitchener, Ontario, Canada.

The financial details of the deal were not disclosed.

Medicalis offers a variety of solutions, including clinical decision support, as well as imaging workflow management and referral management. With Medicalis’ solutions, hospitals and health systems can better administer patient referrals, oversee scheduling procedures and improve physicians’ productivity.

In a statement, Medicalis CEO Oran Muduroglu outlined how the organizations’ values align:

We are eager to be joining Siemens Healthineers and believe that this is a strong fit for our company because of our shared values and pioneering heritage. With Siemens Healthineers, we will be able to broaden the context of our decision support, workflow and referral management to utilize the full spectrum of diagnostic and therapeutic areas in which Siemens Healthineers operates, to address care gaps, streamline workflow and help improve the overall experience of healthcare.

Through the planned acquisition, Siemens Healthineers hopes to bolster its population health management portfolio and expand its strategy for value-based care at the health system and hospital department levels. Siemens Healthineers Head of Services Matthias Platsch echoed that sentiment in a statement, claiming Medicalis “complements and supports [Siemens Healthineers’] offerings in population health management and value-based healthcare, a key priority for our ongoing expansion through our services business.”

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In a statement, Robert Taylor, Siemens Healthineers’ head of digital services population health management, digital health services, commented on the specifics of the deal:

The acquisition of Medicalis will allow us to offer healthcare providers a powerful solution to define, implement, monitor and evolve their own standard of care for their diagnostic service line. We are excited to support our customers with these innovative tools to remove the variability from key high-impact disease states, to create standardized diagnostic pathways which enhance outcomes, control costs, and when combined with intelligent referral management, improve the patient experience overall.

This isn’t Siemens Healthineers’ first foray into population health management. Its first step took place last October, when it launched a strategic global alliance with IBM Watson Health. The organizations agreed to jointly develop technology and services to help healthcare providers in value-based environments, including analytics, reporting and patient engagement.

This news also follows the unit’s 2016 rebranding. In an effort to underscore its “pioneering spirit and engineering enterprise,” the unit changed its name from Siemens Healthcare to Siemens Healthineers last May.

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