Siemens Medical Solutions registers sales and profit advance in FY03

TriMed Staff | | Health Imaging | Diagnostic Imaging
Siemens AG today is reporting 3 percent growth in sales and an earnings gain of 10 percent in its Medical Solutions Group for FY03, ending Sept. 30.

 Sales totaled approximately $8.6 billion in FY03, while new orders posted a 7 percent increase to approximately $9 billion. Siemens credited new product releases in the imaging modalities for the growth.

 Siemens Medical Solutions Group also achieved a profit gain of 10 percent in FY03 to approximately $1.3 billion. The segment also benefited from a gain of approximately $73 million from a portion of Medical Solutions' electromedical systems unit's new joint venture, Draeger Medical.

TriMed Staff

Related Content

AI rules out abnormal findings on chest X-rays, significantly reducing workloads
Older adults among the walking wounded with incident TBI
Philips moves digital pathology to the cloud with AWS
PHOTO GALLERY: What does fetal medical imaging look like?
Speaker laments radiology’s major contribution to climate change
Radiologist accuracy takes a hit overnight, especially with advanced imaging exams

Around the web

Cardiovascular Business
New AI program delivers rapid, accurate echo video assessments

The new technology shows early potential to make a significant impact on imaging workflows and patient care. 

Radiology Business
Key Medicare reimbursement and No Surprises Act updates from RSNA 2024

Richard Heller III, MD, RSNA board member and senior VP of policy at Radiology Partners, offers an overview of policies in Congress that are directly impacting imaging.
 

Cardiovascular Business
Philips, Mayo Clinic using AI to improve cardiac MRI technology

The two companies aim to improve patient access to high-quality MRI scans by combining their artificial intelligence capabilities.