Siemens Healthineers partnering with NYU Langone Health for $100 million deal
Siemens Healthineers and NYU Langone Health have reached a strategic agreement that will bolster the latter’s imaging services throughout Manhattan, Brooklyn and Long Island.
For Siemens’ part of the five-year alliance between the two, they will supply NYU Langone Health with its latest gamut of advanced diagnostic imaging offerings across its network of over 300 outpatient and hospital locations. This includes the purchase of MRI, CT, molecular, X-ray, fluoroscopic, ultrasound and angiography equipment.
The agreement also includes a five-year $100 million integrated service agreement that will ensure the equipment’s safe and consistent operations. This will provide NYU Langone Health with routine and after-hours services, in addition to immediate access to a dedicated service manager and engineers who can rapidly assist with critical equipment issues on demand.
Michael P. Recht, MD, chair of the department of radiology at NYU Langone Health expressed optimism for how the renewed partnership will benefit the organization’s patients.
“We are constantly looking for ways to maximize productivity and improve patient care,” Recht, who also serves as the Louis Marx Professor of Radiology, said in a statement on the agreement. “We look forward to working closely with Siemens Healthineers in a long-term partnership in pursuit of these core goals.”
As Recht mentioned, NYU Langone Health and Siemens Healthineers have a long-standing relationship. The two have partnered for more than two decades, which has included numerous research projects aimed at improving outcomes. Together, the duo has achieved many firsts in clinical MRI use; the pair previously worked together to develop techniques for enabling motion insensitive imaging, which uses different MRI sequences and speeds to compensate for patient motion, in addition to collaborating to integrate artificial intelligence-enabled image reconstructions into clinical practice. Each of these improves image quality and, therefore, patient care.
“We believe that patients deserve not only the best available healthcare technology, but that those systems should be working as intended to provide convenient and efficient care,” John Kowal, president and head of the Americas at Siemens Healthineers, added. “These agreements help to ensure both.”
In addition to her background in journalism, Hannah also has patient-facing experience in clinical settings, having spent more than 12 years working as a registered rad tech. She began covering the medical imaging industry for Innovate Healthcare in 2021.