November 2, 2016
Ootawara, Tochigi, Nov 2nd, 2016 - Vital Images, Inc. (“Vital”), a group company of Toshiba Medical Systems Corporation, announced today that Vital has signed the definitive agreement to acquire Karos Health (“Karos”), an innovative global healthcare informatics company.
The acquisition allows Toshiba Medical to offer customers a robust imaging and informatics solution-set. The combined technologies provide a customer-centric, modular platform that allows hospital systems to solve a broad set of enterprise imaging challenges without requiring large-scale, disruptive PACS replacement of existing systems. Karos will build on its vast experience in enabling healthcare interoperability, while Vital will continue its market leadership in advanced visualization, diagnostic viewing and personalized medicine algorithms.
“Toshiba Medical Systems Group has, with this acquisition, obtained technology and expertise that accelerates our ability to provide comprehensive diagnostic imaging and integrated healthcare informatics solutions to our customers .” says Toshio Takiguchi, President and CEO of Toshiba Medical Systems Corporation.
“Vital and Karos have been working together since 2014, delivering next-generation, enterprise interoperability solutions worldwide. Karos Health’s solution-set enables collaboration between healthcare providers and patient engagement, while providing secure access to complete the patient’s health record – anytime, anywhere,” says Jim Litterer, President and CEO of Vital Images. “Karos’ technology allows Vital to provide one modular solution, giving CIOs globally the ability to adapt and grow their service delivery without disrupting existing investments.”
Adds Rick Stroobosscher, CEO of Karos Health, “From a marketplace perspective, this timely transaction delivers a comprehensive accountable-care-ready solution to help IDNs confidently navigate the global move towards personalized medicine and the requirements of the Patient Privacy Accountable Care Act.”
The non-disruptive approach championed by both Vital and Karos enables hospital systems to optimize diagnostic imaging workflows and deliver enterprise-wide imaging information to the EMR, helping to improve both patient and business outcomes.