Siemens Healthcare (formerly Siemens Medical Solutions, formerly Siemens Medical Systems, internally within Siemens known as "Med") is a supplier to the healthcare industry, and is headquartered in Erlangen, Germany. Prior to being acquired by Siemens in 2000, the company was known as Shared Medical Systems Corporation and traded on the New York Stock Exhange as "SMS". Currently, its U.S. division, Siemens Healthcare USA, Inc., is a Delaware corporation, with headquarters in Malvern, Pennsylvania. The Ultrasound Group is located in Issaquah, Washington.
The company dates its early beginnings to 24 May 1877 to a small family business in Erlangen, co-founded by Ernst Werner von Siemens. The name Siemens Medical Solutions was adopted in 2001, and the change to Siemens Healthcare is part of a reorganization underway in 2008.
President and Chief Executive Officer (CEO) of Siemens Healthcare USA, Inc., is Hermann Requardt.
Globally it has 49,000 employees, most of them in Germany (comparing to 46,000 at GE Healthcare and 33,000 at Philips Healthcare) and 17.2 billion US-$ sales in 2007 (16.997 billion US-$ for GE).
Major competitors of Siemens Healthcare are GE Healthcare, Philips, Toshiba, Carestream Health and SAP Healthcare
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