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Frost & Sullivan Recognizes GE Healthcare for Strategic Leadership in Acquiring Dynamic Imaging to Grow Its Imaging Informatics Business
Date:3/19/2009

MOUNTAIN VIEW, Calif., March 19 /PRNewswire/ -- Based on its recent analysis of the medical imaging market, Frost & Sullivan presents GE Healthcare with the 2009 North American Frost & Sullivan Award for "Growth Strategy Leadership of the Year." The honor serves as recognition of the growth path that GE's imaging informatics business has embarked upon since the firm's acquisition of Dynamic Imaging (DI) in October 2007.

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"The DI acquisition has provided GE with leading edge RIS/PACS technology and a winning business model that have consistently earned the appraisal of the market," says Frost & Sullivan Senior Industry Analyst Nadim Daher. "By capitalizing effectively on this strategic acquisition throughout the subsequent year, GE Healthcare has been able to stimulate its imaging informatics business despite challenging market conditions and saturation, while strengthening its leadership position in both the North American and global imaging informatics markets."

During the past year the newly-branded Dynamic Imaging Solutions division has helped GE Healthcare drive significant customer growth across all segments of the North American healthcare provider market including hospitals, outpatient imaging centers and physician offices. Further, the unique ability to offer Web-based RIS/PACS for any size hospital or outpatient imaging market (based upon Centricity RIS-IC and DI's acquired outpatient imaging center RIS, respectively) is a "sweet spot" in the industry, considering the increasing saturation in the PACS market and the opportune lower end of the spectrum, left otherwise underserved by GE prior to the acquisition.

Shortly after the acquisition, GE Healthcare re-branded DI's IntegradWeb PACS as GE Centricity PACS-IW. In early 2008, they be
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SOURCE Frost & Sullivan
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