STOCK TITAN

Siemens Healthineers and University of Miami Health System Enter Value Partnership Agreement to Transform Healthcare

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Rhea-AI Summary

Siemens Healthineers has announced a ten-year Value Partnership with the University of Miami Health System to enhance healthcare delivery in Florida. This agreement includes the acquisition of advanced medical technology from Siemens and Varian, focusing on improving diagnostic and therapeutic treatments. Additionally, it aims to develop educational programs for healthcare professionals and new clinical strategies. This partnership signifies Siemens’ strong demand in the North American market, further solidifying its role in healthcare innovation.

Positive
  • Ten-year Value Partnership with University of Miami Health System supports healthcare innovation.
  • Acquisition of advanced technology from Siemens and Varian enhances diagnostic and therapeutic capabilities.
  • Focus on developing educational programs for clinicians bolsters workforce training.
Negative
  • None.
  • Siemens Healthineers will supply University of Miami Health System with latest medical technology
  • University of Miami Health System to transform care around critical health issues
  • Using Siemens Healthineers devices, the University of Miami Health System will collaborate on building the next generation healthcare workforce

MALVERN, Pa. & MIAMI--(BUSINESS WIRE)-- Siemens Healthineers and UHealth - University of Miami Health System announced a Value Partnership1 agreement. This strategic relationship will further technological advancement and standardization of equipment at the health system, while allowing the University to create educational and training programs for clinicians and technologists. This unique agreement is the first of its kind in Florida.

Through this planned ten-year agreement, UHealth will acquire the latest medical technology equipment from both Siemens Healthineers and Varian, a Siemens Healthineers company that will help expand diagnostic and therapeutic treatments. Other aspects of the agreement include educational and service offerings, digital health technology, and consulting services.

Also, through the collaboration, new clinical and operational strategies will be developed and deployed to evolve care, enhance diagnosis, and improve the overall health of Floridians.

“Building new clinical structures over the next few years, our goal is to incorporate the latest technological advances to serve our patients,” said Alexander McKinney, M.D., chair of the Department of Radiology at the University of Miami Health System. “We look forward to working with the team at Siemens Healthineers.”

In conjunction with adding world-class medical technology equipment at UHealth’s various locations throughout Florida, technology from Siemens Healthineers will be used in training the next generation of physician.

“Our equipment and solutions will be a great addition to the University of Miami Health System’s already rapidly expanding footprint, allowing it to expand its educational and training offerings across the region,” said David Pacitti, president and head of the Americas, Siemens Healthineers. “This Value Partnership is a proof point of the unbroken, strong demand for Siemens Healthineers’ products, services and solutions in the North American market.”

1 Value Partnership is a branded enterprise service offering from Siemens Healthineers. The term “Value Partnership” does not imply, create, and/or establish a legal partnership or joint venture between Siemens Healthineers and the University of Miami Health System.

Siemens Healthineers AG (listed in Frankfurt, Germany: SHL) pioneers breakthroughs in healthcare. For everyone. Everywhere. As a leading medical technology company headquartered in Erlangen, Germany, Siemens Healthineers and its regional companies is continuously developing its product and service portfolio, with AI-supported applications and digital offerings that play an increasingly important role in the next generation of medical technology. These new applications will enhance the company’s foundation in in-vitro diagnostics, image-guided therapy, in-vivo diagnostics, and innovative cancer care. Siemens Healthineers also provides a range of services and solutions to enhance healthcare providers’ ability to provide high-quality, efficient care. In fiscal 2021, which ended on September 30, 2021, Siemens Healthineers, which has approximately 66,000 employees worldwide, generated revenue of €18.0 billion and adjusted EBIT of €3.1 billion. Further information is available at www.siemens-healthineers.com.

Contact for journalists

Lance Longwell, Siemens Healthineers

Phone: +1 610 883-0788; Email: lance.longwell@siemens-healthineers.com

Source: Siemens Healthineers

FAQ

What is the Value Partnership between Siemens Healthineers and University of Miami Health System?

The Value Partnership is a ten-year agreement focused on enhancing healthcare delivery through advanced medical technology and education.

What technology will Siemens Healthineers supply to the University of Miami Health System?

Siemens Healthineers will supply the latest medical technology and equipment, including offerings from Varian, to improve diagnostic and therapeutic treatments.

What are the goals of the partnership with University of Miami Health System?

The partnership aims to improve patient care, develop educational programs for clinicians, and enhance the overall health of Floridians.

When was the Value Partnership agreement announced?

The Value Partnership agreement was announced recently, marking a significant collaboration in Florida's healthcare sector.

How does the partnership impact Siemens Healthineers' presence in North America?

The partnership reinforces Siemens Healthineers' strong demand and commitment to providing innovative healthcare solutions in the North American market.

SIEMENS HEALTHINEERS ADR

OTC:SMMNY

SMMNY Rankings

SMMNY Latest News

SMMNY Stock Data

64.72B
2.23B
0%
Medical Devices
Healthcare
Link
United States of America
Forchheim