Change Healthcare News
3 articlesOptum and Change Healthcare complete merger
growth-positive
3 healthcare multinationals to expand Israeli R&D activity
Medtronic, GE Healthcare, and Change Healthcare will expand their Israeli R&D centers with the help of a $33 million grant from the Israel Innovation Authority and Ministry of Economy and Industry. The expansion aims to position Israel as a leader in biomedicine and create high-quality jobs in engineering and manufacturing. The companies join 320 other foreign multinationals in Israel, solidifying the countrys reputation as an international innovation hub. Change Healthcare, GE Healthcare, and Medtronic are leading players in the field of digital health solutions, medical imaging, and medical devices, respectively. The expansion will focus on developing imaging systems for laparoscopic surgery, systems for ultrasound and nuclear medicine, and solutions for cardiology monitoring and information systems.
Expand
growth-positive
McKesson buying cardiac imaging company Medcon
McKesson Corporation plans to acquire Medcon, an Israeli medical technology company, for $105 million in cash. The acquisition will allow McKesson to extend its cardiology solutions and provide a single point of access to the patients entire imaging record. McKesson sees a significant opportunity to grow its position in the $250 million cardiology market category. Medcon, which specializes in cardiac treatment units, reported 2004 sales of $17 million. The acquisition is expected to enhance McKessons Provider Technologies unit.
Acquisition
