Siemens Healthineers® and CommonSpirit Health® have agreed to acquire Block Imaging®. This new acquisition will provide more sustainable options and support increasing demand from U.S. hospitals, health systems, and other care sites for multi-vendor imaging parts and services.
“This acquisition, which builds on our existing relationship with CommonSpirit Health, will enable us to offer even more value to our customers and their patients, while promoting efforts to repair and reuse equipment, helping to eliminate waste. Healthcare providers and industry need to work together to solve our common challenges,” said David Pacitti, president of Siemens Medical Solutions USA, Inc. and head of the Americas, Siemens Healthineers.
Under the agreement, Block Imaging will continue supplying parts to providers across the United States to help create a more sustainable and cost-effective fleet of imaging equipment.
“This acquisition supports our efforts to provide reliable, accessible medical care in the communities we serve, and also aligns with our commitment to sustainable choices for the healthcare industry,” said Marvin O’Quinn, president and chief operating officer of CommonSpirit Health.
“Through this new agreement, Block Imaging will have the opportunity to expand our reach and accelerate our mission to provide a second chance at life for imaging equipment so that healthcare providers can provide a second chance at life for patients,” said Josh Block, president of Block Imaging.
The closing of this acquisition is subject to receipt of regulatory approvals and customary closing conditions.
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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 are continuously developing their 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 2022, which ended on September 30, 2022, Siemens Healthineers, which has approximately 69,500 employees worldwide, generated revenue of around €21.7 billion and adjusted EBIT of almost €3.7 billion. Further information is available at www.siemens-healthineers.com.
The Siemens Healthineers trademark is the property of Siemens Trademark GmbH & Co. KG for use by Siemens Medical Solutions USA and Siemens Healthcare GmbH.
About CommonSpirit Health:
CommonSpirit Health is a nonprofit, Catholic health system dedicated to advancing health for all people. It was created in February 2019 by Catholic Health Initiatives and Dignity Health. With its national office in Chicago and a team of over 150,000 employees and 25,000 physicians and advanced practice clinicians, CommonSpirit operates 143 hospitals and approximately 2,300 care sites across 22 states. In FY 2022, CommonSpirit had revenues of $33.9 billion and provided $4.9 billion in charity care, community benefit, and unreimbursed government programs. Learn more at www.commonspirit.org
The CommonSpirit trademark is property of CommonSpirit Health.
About Block Imaging:
Block Imaging is a worldwide provider of refurbished medical imaging equipment, parts, and service across all modalities and manufacturers. Founded in 1997, Block Imaging exists to extend the life of medical imaging equipment by providing engineering, refurbishment, and replacement parts because a second chance at life for diagnostic imaging systems means a second chance at life for people. Today, Block Imaging companies serve the global medical industry from offices in the United States, France, and Japan. Learn more about Block Imaging at www.blockimaging.com.
The Block Imaging trademark is property of Block Imaging International, Inc.