Vital Images, a diagnostic imaging company based in Minneapolis, will acquire Karos Health, a Waterloo, Ontario-based maker of clinical information systems, including a patient-facing clinical communication app called Rialto. The amount of the acquisition was undisclosed.
“Karos Health’s solution-set enables collaboration between healthcare providers and patient engagement, while providing secure access to complete the patient’s health record – anytime, anywhere,” Jim Litterer, president and CEO of Vital Images, said in a statement. “Karos’ technology allows Vital to provide one modular solution, giving CIOs globally the ability to adapt and grow their service delivery without disrupting existing investments.”
Founded in 2004, Karos has two main products: Rialto, a platform designed to facilitate the exchange of clinical imagery and documents between different healthcare systems, which also allows the patient to easily access lab results and images; and EasyViz, a mobile platform for displaying diagnostic imagery.
EasyViz seems like the draw for Vital Images, which describes itself as a "provider of diagnostic imaging and enterprise informatics solutions." The company said in a statement that the combination of the technologies would "provide a customer-centric, modular platform that allows hospital systems to solve a broad set of enterprise imaging challenges without requiring large-scale, disruptive PACS replacement of existing systems."
“From a marketplace perspective, this transaction will deliver a comprehensive solution to help hospital systems confidently navigate the global move towards personalized medicine, population health and the requirements of value-based care," Rick Stroobosscher, CEO of Karos Health, said in a statement.