GE HealthCare this week announced it closed its acquisition of MIM Software.
The Chicago-based imaging company previously announced the buy in January. GE HealthCare funded the acquisition — for which financial terms were not disclosed — with cash on hand.
MIM Software provides AI-based software for radiation oncology, molecular radiotherapy, diagnostic imaging and urology. The Cleveland-based company’s offerings span imaging centers, hospitals, specialty clinics and research organizations worldwide.
“We are thrilled to welcome MIM Software, known for driving innovation in multimodal image analytics and workflow, to our global GE HealthCare team,” GE HealthCare President and CEO Peter Arduini said in a news release. “These new capabilities align with our precision care strategy to personalize care, enhance hospital efficiency and clinician effectiveness, and appeal to new and existing GE HealthCare and MIM Software users who see this as an opportunity to better serve patients and help improve outcomes.”
With the integration of MIM Software’s technology, GE HealthCare expects to leverage MIM’s imaging analytics and digital workflow capabilities across various care areas. It aims to accelerate innovation and differentiate solutions to benefit patients and healthcare systems.
“Today marks an exciting new chapter for our team and technology,” MIM Software CEO Andy Nelson said. “For the past two decades, our commitment to innovative, vendor-neutral solutions and high-quality services has earned the trust of our customers — a principle that remains unchanged. As part of GE HealthCare, we look forward to expanding the development of advanced digital solutions and addressing complex needs today and in the future. Together, we’ll strive to continue our shared legacy of enhancing patient care. We remain committed to precision care, spanning various disease states and imaging practices, from radiology to molecular imaging to radiation oncology and beyond.”
