Forcare, founded in 2006, provides interoperability software to hospitals and health information exchanges across the globe to help manage and exchange healthcare data. Philips officials plan to bring Forcare’s interoperability platform into its informatics portfolio to streamline clinical workflows.
“The acquisition of Forcare will provide us with critical standards and interoperability expertise to interconnect healthcare information systems, share and exchange clinical data, and offer secure and reliable access to digital health information for medical staff and patients,” said Yair Briman, business leader of healthcare informatics at Philips.
The financial details of the transaction were not disclosed.
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