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SAP and Siemens Announce Global Alliance to Drive Greater Efficiency in Healthcare |
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Joint Offering Will Provide Best-in-Class ERP and Clinical IT Solutions for Healthcare Organizations
COPENHAGEN, Denmark - April 26, 2005 - Two of the world’s leading IT providers, SAP AG (NYSE: SAP) and Siemens AG (NYSE: SI) today announced a global strategic alliance to deliver an integrated information technology (IT) offering to the healthcare provider market. With more than 10 years of experience working together in the healthcare industry, SAP and Siemens are expanding their partnership to help drive patient safety, increase efficiency and transparency, promote growth and innovation and reduce total cost of ownership (TCO) for healthcare organizations worldwide. The Siemens Soarian® and SAP Healthcare solution will first be made available in the United States, Germany and Japan using an integration powered by SAP NetWeaver™. The announcement was made at SAPPHIRE® ’05, SAP’s international customer conference being held in Copenhagen, Denmark, April 26-28.
With the joint solution from Siemens and SAP, healthcare organizations can conduct collaborative business planning, in-depth financial analysis and accounting and human resources tasks. They can also count on having strong patient-management capabilities while significantly reducing paperwork. Diagnostic and therapeutic services can be better coordinated and caseloads and treatment plans can be better managed. Internal and external procurement and logistics, equipment maintenance and other business processes can be better supported.
As a world leader in medical equipment and IT solutions, this relationship leverages Siemens’ expertise in enterprise IT systems and advanced medical imaging technologies for the diagnosis, treatment and monitoring of patients. Additionally, customers for the new joint offering will benefit from Siemens’ years of experience in clinical workflow improvement and clinical process redesign.
“The joint approach of Siemens and SAP brings powerful workflow management expertise, deep IT domain experience and committed customer service to bear to help healthcare organizations attain productivity improvements as well as a lower total cost of technology ownership,” said Prof. Erich R. Reinhardt, president and chief executive officer of Siemens Medical Solutions. “This alliance complements Siemens strategy for transforming healthcare through innovation, benefiting all areas of a healthcare organization along the entire value chain.”
SAP will provide best practices gained from experience with more than 1,000 successful implementations for ERP and patient administration systems in public and private healthcare, education and research organizations of all sizes around the world. Additionally, the collaborative nature of SAP® solutions will enable healthcare organizations to manage complex environments by seamlessly integrating a diverse landscape of software systems, including those that manage human capital; financials; quality; environment, health and safety; customer relationships; supply chain and supplier relationships; plant maintenance and facilities.
New Solution to Mend System Integration Pains
The joint solution is designed to improve collaboration between clinical and administrative departments, via a user-friendly portal, to allow for better transparency of systemwide information. This integration will not only help providers better manage these processes, but will also help healthcare organizations comply with numerous regulatory requirements, including the Healthcare Insurance Portability and Accountability Act (HIPAA) in the United States. The solution will equip healthcare organizations with an IT backbone to manage real-time clinical supply chain management processes from point-of-care to back-office.
“The needs of the healthcare world are changing and roles are evolving that requires clinicians, doctors and support staff to use new processes that break down boundaries between systems and departments,” said Tom Shirk, president, SAP Global Public Services. “This new solution provides the flexibility to define and adapt these new roles and processes as they evolve, allowing providers to be more efficient while providing better care for patients.”
About Siemens Medical Solutions
Siemens Medical Solutions of Siemens AG (NYSE: SI) with headquarters in Malvern, Pennsylvania and Erlangen, Germany, is one of the largest suppliers to the healthcare industry in the world. The company is known for bringing together innovative medical technologies, healthcare information systems, management consulting, and support services, to help customers achieve tangible, sustainable, clinical and financial outcomes. Employing approximately 31,000 people worldwide and operating in more than 120 countries, Siemens Medical Solutions reported sales of 7.07 billion EUR, orders of 8.12 billion EUR and group profit of 1.05 billion EUR for fiscal 2004. |
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