Philips Buys AllParts Medical, Charts Course In Russia

Lena Kauffman | | Radiology Business | Business Intelligence
Royal Philips Electronics announced yesterday that it has acquired AllParts Medical, a privately owned, Nashville, Tenn.-based provider of imaging equipment parts and training. Financial terms of the acquisition were not disclosed. Greg Sebasky, general manager of customer services, Philips Healthcare, says the acquisition will enhance Philips’ ability to offer tailored service offerings and enhance the lifecycle management of its customers' imaging equipment. AllParts Medical offers replacement parts, technical training, and support for X-ray-based imaging equipment, such as general X-ray, cardiovascular X-ray, and X-ray Computed Tomography (CT). Additionally, Phillips revealed Sunday that it has formed an agreement with Russian State Atomic Energy Corp. (Rosatom) to develop a nuclear medicine industry in Russia. The move marks the first time an international manufacturer of nuclear medicine equipment has declared an intention to grant a local partner a license for scanner production in Russia, according to a statement issued by Philips. Approximately 81% of all of Russia's medical equipment is produced outside Russia.Visit the Philips News Center for additional details.

Lena Kauffman,

Contributor

Lena Kauffman is a contributing writer based in Ann Arbor, Michigan.

Related Content

Orano Med breaks ground on $265M thorium production site
Image-interpretation market scoreboard: Radiologists 72%, others 28%
Lantheus lands rights to budding radiopharmaceuticals for initial outlay of $35M
17 short-term strategies to address the national radiologist shortage
‘SR’ onboards another independent practice, its 1st in the Natural State
Analysis: Allied radiology professionals generate millions of dollars per year in indirect revenues alone

Around the web

Health Imaging
Nearly $800,000 settlement offered to family of man who died during MRI exam

The patient, who was being cared for in the ICU, was not accompanied or monitored by nursing staff during his exam, despite being sedated.

Cardiovascular Business
Global shortage of nuclear imaging isotopes may be over

The nuclear imaging isotope shortage of molybdenum-99 may be over now that the sidelined reactor is restarting. ASNC's president says PET and new SPECT technologies helped cardiac imaging labs better weather the storm.

Cardiovascular Business
‘A huge win’: CMS significantly increases Medicare payments for cardiac CT

CMS has more than doubled the CCTA payment rate from $175 to $357.13. The move, expected to have a significant impact on the utilization of cardiac CT, received immediate praise from imaging specialists.