Medtronic Finds Growth in Fledgling Hospital Solutions Business

Tuesday, November 18, 2014

Source: MDDI

Medtronic's chairman and CEO, Omar Ishrak, has been calling for an transformation of the Minnesota company from a medical device maker to a premier medical technology solutions partner.

The idea is to closely align business objectives to the hospital customers' needs. That has led to the company's launch of the hospital solutions business in 2013. And in August, Medtronic announced that it has acquired NGC Medical, an Italian manager for cardiovascular suites, operating rooms and intensive care units for $350 million.

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