October 1, 2007 - Siemens Medical Solutions and Kameda Healthinformatics Institute Inc. established a joint venture company named Siemens Kameda Healthcare IT Systems K.K., to strengthen Siemens' position in the rapidly growing Japanese healthcare market.
Siemens Medical Solutions will hold two-thirds ownership and Kameda Healthinformatics Institute will hold one-third ownership of the newly formed company.
According to YANO Research, Japan is currently the second largest healthcare information systems market.
"Siemens Medical Solutions has been exploring ways to increase its presence in the growing Japanese healthcare market for a few years now," said Janet Dillione, president, Health Services, the Healthcare IT Division of Siemens Medical Solutions. "We are certain that entering into this joint venture with such a reputable partner as Kameda will provide us with many opportunities. By further strengthening our global presence in the healthcare IT sector, we are continuing to deliver as one of the world's largest suppliers to the healthcare industry."
The newly formed company will focus on enhancing Kameda Healthinformatics Instituteï¿½s clinical informatics system, KAI, which encompasses electronic medical record, computerized physician order entry and nursing documentation functionalities. The system is being used by nearly 30 hospitals in Japan to assist in managing the workflow of patient care delivery at their facilities.
"We feel extremely privileged to be entering into a joint venture with Siemens Medical Solutions, the global leader in the healthcare IT industry," explained Toshitada Kameda, chairman of Kameda Healthinformatics Institute.
Janet Dillione will be appointed chairman of Siemens Kameda Healthcare IT Systems K.K., and Toshitada Kameda will be appointed as vice-chairperson. Shinji Tanaka, who currently serves as president of Kameda Healthinformatics Institute, will also serve as president of Siemens Kameda IT Systems K.K.
For more information: www.siemens.com/medical