– Siemens Healthineers and Canadian teaching and research hospital Hamilton Health Sciences form value partnership worth $270M over a 15-year period to enhance imaging services in southwestern Ontario.
– Siemens Healthineers will provide Hamilton Health Sciences with a comprehensive suite of innovative services that will manage the majority of its medical imaging equipment
– The agreement is the largest of its kind for Siemens Healthineers in Canada, with the option to extend for an additional 10 years.
Hamilton Health Sciences, one of Canada’s premier teaching and research hospitals, has entered into a strategic relationship with Siemens Healthineers in Canada worth approximately $270 million. The contract agreement is over a 15-year period, with the option to extend the partnership for an additional 10 years. Hamilton Health Sciences is a community of 15,000 staff, physicians, researchers and volunteers serving south-central Ontario residents, and also provides specialized, advanced care to people from across the province.
Enhancing Imaging Services in Southwestern Ontario
As part of the value partnership, Siemens Healthineers will provide Hamilton Health Sciences with a comprehensive suite of innovative services that will manage the majority of its medical imaging equipment and help the hospital drive improvement in healthcare delivery with an emphasis on improving the quality of care for patients.
Sevket On, Vice President, and Zone General Manager, Siemens Healthineers Canada commented: “Throughout the term of this partnership, we will provide vendor-independent advanced healthcare technology solutions, along with the financial security and technology certainty Canadian hospitals require. This value partnership will allow Hamilton Health Sciences to proactively manage the pressures of growing healthcare costs and increasing patient expectations while improving clinical outcomes,” he continued.
Value Partnership Details
The value partnership aims to mitigate technology risk, reduce total cost of ownership, improve operational capabilities and efficiency, facilitate digital connectivity, and ensure imaging equipment remains consistent with the industry’s highest standards.
The agreement includes the procurement, ongoing replacement and maintenance of approximately 500 systems for diagnostic imaging, advanced therapies, and monitoring equipment. Among them are computed tomography, magnetic resonance, ultrasound, mammography, x-ray, and molecular imaging equipment, as well as angiography solutions.
In addition, the partnership aligns with Hamilton Health Sciences’ Strategic Plan and the organization’s emphasis on capital and operational transformation. This includes the renewal of the Hospital Information System (HIS) and clinical equipment to drive operating improvements by leveraging the tools, capabilities, knowledge, and experience of a world-class healthcare sector company.
Why It Matters
“The best patient care of the future requires new processes, equipment and partnerships,” said Rob MacIsaac, President and CEO, Hamilton Health Sciences. “Our partnership with Siemens Healthineers will enable Hamilton Health Sciences to stay ahead of advancements in medical diagnostic and imaging capability, so we can exceed the needs and expectations of the patients we serve for many years to come. At the same time, we will unlock new benefits for the patient care teams and clinicians working throughout our hospital. Together, we will ensure safe and optimal diagnostic services, improve patient flow, and enhance training. Most importantly, we’ll be able to serve more patients and offer more accurate diagnostic services to help inform decisions about their care.”