DOTmed Home MRI Oncology Ultrasound Molecular Imaging X-Ray Cardiology Health IT Business Affairs
News Home Parts & Service Operating Room CT Women's Health Proton Therapy Endoscopy HTMs Pediatrics
SEARCH
Aktueller Standort:
>
> This Story

starstarstarstarstar (1)
Log in oder Register to rate this News Story
Forward Printable StoryPrint Comment
advertisement

 

advertisement

 

Business Affairs Homepage

IBM to pay $14.8 million to settle Maryland false claims allegations Settlement revolved around the 2011 acquisition by IBM of Cúram Software

Change Healthcare's IPO now heading beyond $1 billion Offering 49 million shares at $19 each

Silicon Valley investor paints dire picture for future of radiologists Claims they should no longer exist in a decade

Installing and removing imaging equipment is no small task Expert insights on how project management is evolving

Canon, Toshiba each hit with $2.5 million fine over acquisition deal Deal violated premerger notification and waiting period requirements

GE likely to hold onto NY digital X-ray detector manufacturing plant — for now New York State facility employs 125 workers

Ohio radiology services president indicted in Medicare scam Charged for services never provided and received nearly $2 million

Getting ahead of the digital health avalanche How can a health system know which innovative tools are worth its time?

Half of radiologists have net worth of $2 million or more New survey analyzed responses from over 20,000 physicians in over 30 specialties

FBI opens probe into alleged kickbacks by healthcare OEMs in Brazil Accused of making bribes to sell medical equipment

Varian acquires Cancer Treatment
Services International

Varian to acquire Cancer Treatment Services International for $283 million

by John R. Fischer , Staff Reporter
Varian Medical Systems is expected to acquire Cancer Treatment Services International (CTSI), offering a sum of $283 million for the privately held enterprise.

The purchase of CTSI provides Varian access to the resources of various organizations and practices operating under it, including the American Oncology Institute in Hyderabad; a U.S.-based Oncology Solutions division that provides cancer care professionals services worldwide; and 10 multidisciplinary cancer centers across the Indian subcontinent.

Story Continues Below Advertisement

THE (LEADER) IN MEDICAL IMAGING TECHNOLOGY SINCE 1982. SALES-SERVICE-REPAIR

Special-Pricing Available on Medical Displays, Patient Monitors, Recorders, Printers, Media, Ultrasound Machines, and Cameras.This includes Top Brands such as SONY, BARCO, NDS, NEC, LG, EDAN, EIZO, ELO, FSN, PANASONIC, MITSUBISHI, OLYMPUS, & WIDE.



"The acquisition will put Varian closer to the patient and provider, to gain clinical data and insights critical to enhancing our existing portfolio and expanding into new products and services across the cancer care continuum," Chris Toth, president of Varian Oncology Systems, told HCB News. "This is fully aligned with our strategy and allows us to enter new markets."

With CTSI, Varian will be able to better identify clinical and operational needs that enable the production of the new multidisciplinary solutions, based on robust clinical information that aids oncologists. Early examples of enhanced offerings expected for customers include AI-driven, technology-enabled services for interventional oncology treatment planning, contouring/segmentation, treatment planning as a service in developing markets, and quality assurance services.

It also builds upon the continued growth trajectory of Varian’s oncology systems business and allows the California-based provider and CTSI to expand their solutions to other markets.

"This acquisition enables CTSI to expand the scope and geographic reach of its technology-enabled clinical platform," said Toth. "It will give Varian expertise in cancer center operations, enabling new partnerships with providers globally to expand access to world-class, value-based care in developed and emerging markets, such as China, Southeast Asia, Latin America and Africa."

Having produced annual revenues of $43.5 million in the fiscal years ending in March, the acquisition of CTSI is expected to have a six cents per share dilutive impact to the earnings on a GAAP basis and a three cents per share dilutive impact to earnings on a Non-GAAP basis for the remainder of the fiscal year 2019. Varian expects the acquisition to be accretive to earnings per share during the fiscal years 2021 on a Non-GAAP basis and the fiscal year 2022 on a GAAP basis.

The acquisition will be financed through a combination of borrowings under Varian’s credit facility and cash on hand.

It is expected to close in approximately two weeks, subject to the satisfaction of customary closing conditions.

Employees of CTSI will retain their positions, with the company acting as an operating unit within Varian.

Business Affairs Homepage


You Must Be Logged In To Post A Comment

E-Mail-Werbung
Erhöhen Sie Ihren Bekanntheitsgrad
Auktionen + Privatverkäufe
Den besten Preis erzielen
Geräte/Geräteteile kaufen
Den günstigsten Preis finden
Daily News
Die neuesten Nachrichten lesen
Übersicht
Alle DOTmed Benutzer durchsuchen
Ethik auf DOTmed
Unseren Ethik-Standard anzeigen
Gold-Parts Verkäufer-Programm
PH-Anfragen erhalten
Gold Service Dealer-Programm
Anfragen empfangen
Gesundheitsdienstleister
Alle Gesundheitsdienstleister-Tools anzeigen
Jobs/Training
Einen Job suchen
Parts Hunter +EasyPay
Angebote für Geräteteile erhalten
Kürzlich zertifizierte Benutzer anzeigen
Kürzlich zertifizierte Benutzer anzeigen
Kürzlich auf DOTmed bewertet
Kürzlich zertifizierte Benutzer anzeigen
Rental Central
Geräte billiger mieten
Geräte/Geräteteile verkaufen
Das meiste Geld erhalten
Servicetechniker
Hilfe und Beratung finden
Einfache Angebots-Anfrage
Angebote für Geräte erhalten
Virtuelle Messe
Service für Geräte finden
Access and use of this site is subject to the terms and conditions of our LEGAL NOTICE & PRIVACY NOTICE
Property of and Proprietary to DOTmed.com, Inc. Copyright ©2001-2019 DOTmed.com, Inc.
ALL RIGHTS RESERVED