Headquarters: 51 Valley Stream Pkwy., Malvern, PA 19355
Phone: (610) 448-4500
Ticker: Division of Siemens (NYSE: SI)
Business: Provides medical devices, health-care information systems and related consulting services in 120 countries.
Executives: Erich R. Reinhardt, president and chief executive officer; Tom Miller, president of information-technology division.
Products: Soarian is Windows software that provides patient-care workflow, physician order entry, resource scheduling, billing and other features; Invision is an older, mainframe-based system for financial and clinical data processing. The company also remotely hosts applications and data for 1,000 customers.
Market Share: 6% of the $15.1 billion U.S. market for health-care software, hardware and services, 2002 (IDC).
Competitors: Cerner; Eclipsys; Epic Systems; GE Healthcare; IDX Systems; McKesson; Misys Healthcare Systems.
- 2000: Buys Shared Medical Systems (SMS).
- 2001: Announces Soarian, a system to succeed SMSs Invision.
- 2002: Relocates U.S. headquarters from Iselin, N.J., to Malvern, Pa.
- 2004: Sells 90 support contracts to business software vendor Lawson Software for $24 million.
Mountain States Health Alliance
Project: Tennessee health-care provider has used Invision since 1993. In December 2003, MSHA signed a five-year, $38 million contract with Siemens for Soarian.
Chester County Hospital
Project: The 250-bed community hospital in West Chester, Pa., with 1,500 employees has implemented Soarian clinical applications
for documenting patient care.
VP of Informatics, CIO
Project: Health-care system in Harrisburg, Pa., outsources its 60-person I.T. staff to Siemens; it began migrating from Invision to Soarian in July.
Carilion Health System
Project: Eight-hospital provider in southwest Virginia is replacing Invision with Soarian, which Carilion has put into production at one of its hospitals with 350 users.
South Carolina Heart Center
Dir., Clinical Support
Project: Heart-disease treatment provider in Columbia, S.C., uses Soarian Cardiology to produce instant procedure reports in its diagnostic cardiac catheterization lab.
Susquehanna Health System
Project: Three-hospital system in Williamsport, Pa., uses Soarian financial, patient management and clinical software for 260,000 patient records.