Siemens Healthineers, Atrium Health Enter Multi-Year Value Partnership to Improve Health Care Capabilities, Access and Equity (2024)

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  4. Siemens Healthineers, Atrium Health Enter Multi-Year Value Partnership to Improve Health Care Capabilities, Access and Equity

Siemens Healthineers, Atrium Health Enter Multi-Year Value Partnership to Improve Health Care Capabilities, Access and Equity (13)

Press release

Siemens Healthineers, Atrium Health Enter Multi-Year Value Partnership to Improve Health Care Capabilities, Access and Equity

Published on November 29, 2022

<ul><li><strong>The Value Partnership includes a capital commitment by Atrium Health to purchase Siemens Healthineers equipment of more than $140M&nbsp;</strong></li><li><strong>Siemens Healthineers and Atrium Health will focus on workforce development and improving access to care in rural and underserved areas&nbsp;</strong></li></ul><p>Siemens Healthineers and Atrium Health, a leading nonprofit health provider known for its top-ranked pediatric, cancer and heart care programs, have announced a multi-year Value Partnership<sup>1</sup> agreement. This strategic agreement will focus on driving access to care in Atrium Health’s service region across the southeastern U.S., improving health equity and enhancing economic mobility. Atrium Health will purchase more than $140 million in Siemens Healthineers devices and equipment, including advanced imaging technology, radiation oncology and precision endovascular robotics.&nbsp;</p><p>Utilizing Siemens Healthineers technology, Atrium Health will work to improve health care in rural and underserved areas. It will do so by strategically strengthening economic mobility, health equity and access and focusing on environmental sustainability in the region.&nbsp;</p><p>“This partnership between Atrium Health and Siemens Healthineers will create tremendous value for our communities and the health care field,” said Eugene A. Woods, president and CEO of Atrium Health. “Together, we will reshape the future of health care, invent new technologies and grow the next generation of talented clinicians – all with a laser-like focus on equity and inclusive growth.”&nbsp;</p><p>Through unique services and approaches within the Value Partnership, Siemens Healthineers will help Atrium Health meet its strategic goals, increase efficiency and work toward improving health in communities in North Carolina, South Carolina, Georgia and Alabama – and beyond. Through Siemens Healthineers, Atrium Health will continue to modernize its healthcare infrastructure to serve patients, use technologies like artificial intelligence to improve outcomes and quality, reduce costs in health care across the enterprise, as well as jointly develop education and workforce solutions to help encourage and enhance careers in health care.&nbsp;</p><p>“Siemens Healthineers is proud to continue its strong partnership with Atrium Health imaging service engineering teams to improve the quality of health care,” said Dave Pacitti, president and head of the Americas, Siemens Healthineers. “Not only will this agreement nurture the development of the next-generation workforce in health care, but it will also serve as a foundation for future innovations.”&nbsp;</p><p>“As an academic learning health system, Atrium Health is at the forefront of research and innovation that can improve the health of our population,” said Dr. Rasu Shrestha, enterprise executive vice president and chief strategy and transformation officer for Atrium Health. “This agreement with Siemens Healthineers will help Atrium Health push the boundaries of innovations in clinical care, research and community impact, and also help us equip the new bed towers being built at our flagship hospitals in Charlotte and Winston-Salem, North Carolina with leading-edge technologies. This foundation will allow Atrium Health to lay the groundwork for our soon-to-be constructed projects such as Wake Forest University School of Medicine Charlotte and the adjacent ‘The Pearl‘ innovation district.”&nbsp;</p><p>Through the Value Partnership model, hospitals can optimize business processes, expand capabilities and drive innovation. These innovative agreements rely on the entire Siemens Healthineers portfolio to create added value beyond equipment.</p><p>For further information on Value Partnerships, please see <a href="https://www.siemens-healthineers.com/services/value-partnerships" id="isPasted">https://www.siemens-healthineers.com/services/value-partnerships.</a></p>

Siemens Healthineers, Atrium Health Enter Multi-Year Value Partnership to Improve Health Care Capabilities, Access and Equity (14)

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Contact

Siemens Healthineers, Atrium Health Enter Multi-Year Value Partnership to Improve Health Care Capabilities, Access and Equity (15)

Lance Longwell

USA

  • lance.longwell@siemens-healthineers.com
  • +1 (610) 883-0788

D

Dan Fogleman

Atrium Health

  • media@atriumhealth.org

    1

    Value Partnership is an enterprise service offering from Siemens Healthineers.

    Siemens Healthineers 2023

    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.

    Siemens Healthineers, Atrium Health Enter Multi-Year Value Partnership to Improve Health Care Capabilities, Access and Equity (2024)

    FAQs

    What is the value partnership between Siemens and Atrium? ›

    Siemens Healthineers and Atrium Health have announced a multi-year Value Partnership agreement that will focus on driving access to care in Atrium Health's service region across the southeastern US, improving health equity and enhancing economic mobility.

    What is the Siemens Healthineers strategy 2025? ›

    In 2020, Siemens Healthineers launched Innovation Hub in Bengaluru, India. The company plans to invest EUR160 million ($181.1 million) over the next five years as a part of its Strategy 2025. In addition, it plans to hire over 1,800 digital talents over the next ten years.

    What is the Siemens Healthineers strategic partnership? ›

    Siemens Healthineers has formed Value Partnerships with many healthcare providers around the world. The latest examples include Hamilton Health Sciences in Canada, the University of Missouri System in the USA, Dallah Health Company in Saudi Arabia and Braunschweig Municipal Hospital in Germany.

    What are the key values of Siemens Healthineers? ›

    We commit to improving healthcare access for all, limiting our environmental impact as we pioneer breakthroughs, and engaging our diverse Healthineers to achieve this impact on a global scale. We pioneer breakthroughs in healthcare. For everyone.

    What are Siemens six lines of business? ›

    Siemens
    Headquarters in Munich
    HeadquartersMunich, Germany
    Area servedWorldwide
    Key peopleRoland Busch (CEO) Jim Hagemann Snabe (Chairman)
    Productsindustrial automation, drive technology, building technology, energy technology, financial services, medical technology, mobility solutions, software
    17 more rows

    Who is the parent company of Siemens? ›

    Siemens Corporation is a U.S. subsidiary of Siemens AG, a leading technology company focused on industry, infrastructure, transport, and healthcare.

    What are the four strategic pillars of Siemens? ›

    We believe in the country, and we will continue to transform everyday life through technology, applying our strategy structured around four pillars: Customer value, Technology with meaning and purpose, Strong and empowered people and Growth-oriented mindset, the latter increasingly critical for building the future of ...

    What is the future outlook for Siemens? ›

    Smart Infrastructure now expects for fiscal 2024 comparable revenue growth of 8 percent to 10 percent (previously expected at 7 percent to 10 percent) and a profit margin of 16 percent to 17 percent (previously expected in a range of 15 percent to 17 percent).

    What are the core principles of Siemens Healthineers? ›

    Integrity, trust and transparency are the values that have shaped the Siemens culture for over 160 years.

    Who is the largest shareholder of Siemens Healthineers? ›

    Shareholders
    NameEquities%
    SIEMENS AG 75.35 %850,000,00075.35 %
    SIEMENS HEALTHINEERS AG 1.083 %12,211,8861.083 %
    DNCA Finance SA 0.1729 %1,950,1640.1729 %
    Nykredit Bank A/S (Investment Management) 0.1321 %1,490,4150.1321 %
    6 more rows

    Is Siemens Healthineers a good investment? ›

    Siemens Healthineers AG has 13.26% upside potential, based on the analysts' average price target. Siemens Healthineers AG has a consensus rating of Strong Buy which is based on 9 buy ratings, 3 hold ratings and 0 sell ratings. The average price target for Siemens Healthineers AG is $65.69.

    What is the motto of Siemens Healthineers? ›

    We pioneer breakthroughs in healthcare. For everyone. Everywhere.

    Who are the key people in Siemens Healthineers? ›

    Bernd Montag and CFO Dr. Jochen Schmitz will be broadcast via audio webcast. The link to the webcast will be available on this website.

    What are Siemens core values? ›

    Respect, Tolerance, Openness, and Diversity are the cornerstone values that have guided our success and will continue to strengthen us into the future.

    Who is the parent company of Siemens Healthcare Diagnostics? ›

    Siemens Healthineers AG (Siemens Healthineers), a subsidiary of Siemens AG, is a medical technology company that designs, develops, produces, and distributes diagnostic imaging systems, clinical and workflow systems and solutions, and systems for minimally invasive procedures.

    Who did Siemens buyout? ›

    Siemens AG has signed an agreement to acquire the industrial drive technology (IDT) business of ebm-papst. The business, which employs around 650 people, includes intelligent, integrated mechatronic systems in the protective extra-low voltage range and innovative motion control systems.

    What is the net worth of the Siemens industry? ›

    Siemens AG net worth as of June 26, 2024 is $145.49B.

    What is Siemens related to? ›

    Siemens Limited is a technology company focused on industry, infrastructure, digital transformation, transport as well as transmission and generation of electrical power. It is the flagship listed company of Siemens AG in India.

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