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Supply Chain Risk

Siemens inks 15-year, $270M ‘value partnership’ with Canadian hospital system

Siemens Healthineers said it’s signed a 15-year, $270 million “value partnership” with Hamilton Health Sciences, a research and teaching hospital based in Oakville, Ontario.

Under the deal, the German imaging company will provide a suite of services and manage the Canadian organization’s network of diagnostic devices. The deal has an option for another 10-year extension and covers everything from procurement to replacement and ongoing maintenance of some 500 imaging systems and monitoring equipment, according to a Jan. 30 announcement.

“The best patient care of the future requires new processes, equipment and partnerships,” President and CEO Rob MacIsaac, said in a statement. “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.”

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