Siemens Medical/Shared Medical Systems
This article was originally published in The Gray Sheet
Executive Summary
Siemens appoints Francis Lavelle president and CEO of SMS, effective Aug. 11. Lavelle previously served as VP-U.S. customer operations at SMS, which was acquired by Siemens in May (1"The Gray Sheet" May 8, p. 3). Management shift occurs following resignation of current President and CEO Marvin Caldwell. Hans Mehl, former managing director Siemens audiological engineering division, replaces Terrence Kyle as senior-VP finance. Siemens announces formation of an integration team with members from both firms to "unite the expertise and strengths of both organizations"
You may also be interested in...
Siemens' $2.1 Bil. SMS Buy To Leverage 10% Annual Health Care IT Growth
Acquisition of health information systems and services provider Shared Medical Systems for $2.1 bil. in cash will help Siemens Medical Engineering Group capitalize on the estimated 10% annual growth of the health care information technology sector and build on its strategy to increase the services component of its business from 25% to 50%, Siemens says.
Keeping Track: Cancer Approvals From Lumisight Imaging To Adjuvant Alecensa
The US FDA’s approval of Lumicell’s optical imaging agent Lumisight makes a dozen novel approvals in 2024 for the Center for Drug Evaluation and Research.
Partisan Politics Returns To US FDA Congressional Oversight
The US FDA has stood out as an agency that tends to draw broad bipartisan support amid a generally rancorous and divided Congress. A House hearing, however, may be a sign that those days are over.