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Philips Healthcare acquires CDP Medical to expand its clinical informatics portfolio August 5, 2010

Posted by israelhealthcare in Cardiology, clinical informatics, Electronic Patient Record.
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Philips Healthcare has acquired the provider of Picture Archiving and Communication Systems (PACS) and CD distribution systems, CDP Medical, a subsidiary of medical device distributor Medtechnica. This acquisition demonstrates Philips’ continuing efforts to expand its offering in clinical informatics, and follows the recent acquisition of healthcare information system provider Tecso Informatica in Brazil.

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.

“This is an important step on our journey to complete our range of clinical informatics and patient care solutions that simplify clinician workflow, improve financial outcomes for our customer and help improve and save lives,” said Steve Rusckowski, CEO for Philips Healthcare. “The acquisition of the CDP business complements our current iSite PACS offering and allows us to better tap into certain high-growth market segments, geographically.”

Philips iSite PACS is an innovative image and information management system that delivers on-demand diagnostic-quality images over existing hospital networks, advanced radiology reading stations for radiologists, and long-term storage.

Philips' iSite PACS

Founded in 2000, CDP Medical has close to 300 hospital and clinic installations globally, with growth in the last year particularly coming from the Latin America region. The company is headquartered in Petah Tikva and has 20 employees.

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