Philips snaps up imaging workflow provider Analytical Informatics

Royal Philips (NYSE:PHG) said last week that it spent an unspecified sum to acquire imaging workflow solutions provider Analytical Informatics to beef up its PerformanceBridge portfolio. Founded in 2011 and spun out of the University of Maryland, Baltimore-based Analytical Informations offers vendor-agnostic workflow tools and applications based on technology licensed from the university’s medical school, Philips said. “Integrating Analytical Informatics’ software tools and applications into our current offerings will enable us to accelerate the delivery of next-generation technology, software and services, to bring the power of operational intelligence and decision support to radiology,” radiology solutions GM Sham Sokka said in prepared remarks. “We’ll be in an even stronger position to provide our customers with a host of solutions and help them maximize opportunities to do more with less, while delivering patient-centric care.” The Dutch healthcare conglomerate said PerformanceBridge is designed to improve operational performance for imaging providers using technology, analytics and on-site and professional services. The PerformanceBridge Practice component, into which the company plans to integrate the Analytical Informatics tech, aims to “help imaging departments simplify and unify various levels of data and unlock actionable information,” Philips said. The company also said it plans to add the ability to gauge uti...
Source: Mass Device - Category: Medical Devices Authors: Tags: Health Information Technology Imaging Mergers & Acquisitions Wall Street Beat analyticalinformatics royalphilips Source Type: news