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Getinge expands digital solutions through acquisition of Talis Clinical LLC

March 02, 2022
Business Affairs
From the March 2022 issue of HealthCare Business News magazine

• ACG-Anesthesia is a secure cloud-based clinical application that supports clinical workflow, drives adherence with clinical operational practices, supports complex billing capture and creates compliant documentation.
• ACG-ECMO is an application that connects data, devices, and best practices to help ECMO teams deliver optimal patient outcomes.
• ACG-RemoteView ICU™ is a secure, cloud-based mobile web application that creates a “remote-view” to support on-premise or virtual-ICU care.

What next for Getinge and Talis Clinical LLC?
Getinge is a leading player in the respiratory care and anaesthesia device markets, and a smaller player in the IT markets that support these solutions. The increasing demand for intelligent solutions to assist in clinical practice has driven Getinge to assess and enhance its offering to facilitate in the provision of informed patient care. The Talis Clinical offer will further support the Getinge offering enabling both companies to reach a larger customer base and expand into new markets. Talis Clinical LLC claims to improve clinical leverage by directing clinicians to the most pressing patient conditions relevant to their care team role. The company focuses on high-acuity care areas where advanced clinical and operational guidance can deliver improved clinical outcomes and resource management. Getinge’s device offering is also predominantly focused on the high-end segments in the most critical departments, enabling a core focus market for both companies on these high-end sectors. Although each company currently has a small share in the high-acuity IT market, the combination of both its own and Talis’ digital solutions will expand Getinge’s wider clinical device offering. This will enable Getinge to have more negotiating power in larger purchasing deals that focus on both device and associated digital solutions, further assisting in improving its share in the clinical care market.

Will the acquisition trend continue in clinical care?
Interest in the clinical care market has heightened following on from the pandemic. In the last year, there have been several big acquisitions occurring across the device and associated IT markets, which has increased interest in the subsequent developments from these partnerships. Philips has made big plays in the market with expansion of its connected offering through the acquisition of Capsule Technologies and Biotelemetry. Hill-Rom was acquired by Baxter Healthcare, also to further enhance its clinical offering beyond the infusion market. With similar motives to the Getinge deal, Nihon Kohden also acquired US-based Advanced Medical Predictive Devices, Diagnostics and Displays, Inc., to enhance its patient monitoring portfolio with analytics software. Most recently, ICU Medical confirmed its intention to acquire Smiths Medical from Smiths Group, further expanding its infusion offering and adding monitoring and respiratory solutions to its portfolio.

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