SMS to lay off 600 in restructuring

Siemens Medical Engineering of Erlangen, Germany, has announced a reorganization of the U.S. operations of Shared Medical Systems. As part of the restructuring, Siemens will cut 600 corporate and field-based jobs at SMS.

Siemens said the layoffs were necessary due to adverse business conditions this year resulting from the Balanced Budget Act, post-Y2K shutdowns, and other factors impacting the healthcare industry. The firm also said the SMS office in Malvern, PA, will serve as world headquarters for Siemens’ Healthcare Information Technology business.

The reorganization includes setting up defined business segments, such as the firm’s application service provider (ASP) and outsourcing business lines. In addition, SMS and Siemens are working together to create systems that integrate financial and clinical information with data and images from medical equipment, according to the companies. The vendors also are developing a common architecture to unify various information systems and modalities.

By AuntMinnie.com staff writers
October 5, 2000

Related Reading

Siemens moves forward with integration of SMS, plans ASP archiving service, August 7, 2000

Siemens inks deal to buy IT firm Shared Medical Systems, May 1, 2000

Copyright © 2000 AuntMinnie.com

Page 1 of 775
Next Page