Carestream Health has acquired Quantum Medical Imaging, LLC, a privately-held manufacturer of high-quality digital and conventional x-ray systems used by hospitals, imaging centres and health clinics. With this acquisition, Carestream Health becomes a global leader in x-ray imaging - providing a broad portfolio of conventional and digital x-ray systems for healthcare providers worldwide.
Quantum Medical Imaging's proven portfolio enhances and complements Carestream Health's broad product line, and the combination of the two companies will enable Carestream to better serve the specialized imaging needs of community hospitals and clinics globally. Likewise, Quantum Medical Imaging's dealers and customers will have access to Carestream Health's innovative medical imaging and healthcare IT solutions. The joint expansion of these product portfolios and the extended market reach will lead to more options for customers, and continued growth for both organizations.
In India, Carestream's subsidiary Carestream Health India commenced independent operations in May 2007. Carestream Health India has a comprehensive portfolio of medical imaging and healthcare IT products, services, and solutions, as well as the latest in x-ray films, laser films, computed radiography (CR) systems and medical laser printers. With the adding-on of the product portfolio from Quantum, Carestream Health will offer an even wider range of products that serve the medical imaging needs of customers in India, particularly small hospitals and clinics, which are an important component of the Indian healthcare sector.
"I'm thrilled to welcome Scott Matovich and his talented Quantum Medical Imaging team to Carestream Health," said Kevin Hobert, CEO, Carestream Health. "Scott and his team have created very reliable, innovative and easy-to-use products and, with their strong dealer network, they have earned a reputation for outstanding customer satisfaction. The Quantum team brings great people, great products and new business partners to Carestream Health."
Quantum Medical Imaging sells both digital radiography (DR) and conventional x-ray systems; computed radiography (CR) systems; and x-ray system components. The company serves hospitals, imaging centres, orthopedic facilities and medical clinics by providing high quality, affordable medical imaging solutions appropriate for their unique needs.
Scott Matovich, president/CEO, Quantum Medical Imaging, said, "By joining forces with a global healthcare solutions provider of Carestream Health's caliber, we are further advancing and accelerating our growth trajectory. We will continue our sharp focus on providing innovative imaging solutions for healthcare providers that place a premium on quality, value and success."
Quantum Medical Imaging's dealers and the customers they serve will see significant benefits from this acquisition as they will have access to a substantially larger portfolio of advanced CARESTREAM products including CR systems; the DRX-1 family of wireless digital upgrades; entry level RIS/PACS and archive solutions; and medical film printers. In addition, there is significant opportunity for Carestream Health to sell Quantum Medical Imaging's high quality products in international markets, where Carestream Health's efficient distribution networks reach and serve more healthcare customers.
Quantum Medical Imaging will be integrated into Carestream Health's Digital Medical Solutions business. CEO Scott Matovich will continue running Quantum Medical Imaging's operations and will report to Diana Nole, president of Carestream Health's Digital Medical Solutions business. Matovich also will manage Carestream Health's US dealer channel business. Quantum Medical Imaging's headquarters, employees and management team will remain in Long Island, New York.