Sectra Signs Long-Term Contract with Karolinska University Hospital in Sweden to Deliver Radiology IT Service

Regulatory News:

Sectra (http://www.sectra.com) (STO:SECTB) has signed a new multi-year contract with Karolinska University Hospital in Stockholm, which has purchased a fully managed service for efficient handling of radiology images and patient information (RIS and PACS). The order value amounts to SEK 207 million (approx. EUR 21.8 million).

Karolinska University Hospital is one of Europe’s largest university clinics. Sectra has supplied medical IT systems to Karolinska University Hospital for more than 15 years. This service replaces, among other things, the earlier system that Sectra supplied and for which it has a service agreement with Karolinska University Hospital. The new service also includes RIS and such new functions as dose monitoring, statistics tools and advanced volume visualization.

"Close and long-term partnerships with demanding and highly productive customers such as Karolinska University Hospital are the reason for our radiology IT systems receiving top marks from our customers throughout the world,” says Ann-Sofi Mikaelsson, President of Sectra Sverige AB. "Being entrusted by Karolinska to supply these critical operational services demonstrates that Sectra is a reliable partner and that our solutions are stable and offer the functionality and performance required for providing high-quality and safe patient care.”

"For Karolinska University Hospital, long-term partnership is important for achieving an efficient and purpose-designed service. Accordingly, this was a linchpin in the procurement process that preceded the agreement we have now signed with Sectra. The partnership requires that the service has the possibility to be continuously developed,” state Lars Johansson, project owner and system owner for RIS/PACS, Main Divisions, and Johan Henriksson, assistant senior consultant and section head of the Karolinska University Hospital Solna Radiology Clinic.

The service is the first of its kind in Sweden, with the supplier assuming total responsibility for technology, administration and service of the hospital’s radiology IT systems.  

Through its agreement with Karolinska University Hospital, Sectra has taken a new step, with PACS being packaged together with RIS and other components to form a comprehensive service with high demands on availability, performance and safety.

The information in this press release is such that Sectra AB (publ) is obligated to disclose in compliance with the Swedish Securities and Clearing Operations Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 17 February, 2015 at 08:10 a.m. (CET).

About Sectra

Sectra was founded in 1978 and has its roots in Linköping University in Sweden. The company’s business operation includes cutting-edge products and services within the niche segments of medical systems and secure communication systems. Sectra has offices in 12 countries and operates through partners worldwide. Sales in the 2013/2014 fiscal year totaled SEK 853 million. The Sectra share is quoted on the NASDAQ OMX Stockholm AB exchange. For more information, visit www.sectra.com (http://www.sectra.comIn) 

In the medical market, Sectra develops and sells IT systems and services for radiology and other image-intensive departments, orthopaedics and rheumatology. More than 1,700 hospitals, clinics and imaging centers worldwide use the systems daily. This makes Sectra one of the world-leading companies for handling digital radiology images. In Scandinavia, Sectra is the market leader with more than 50% of all film-free installations. Sectra’s systems have been installed in North America, Scandinavia and most major countries in Europe and the Far East.

Sectra ranked #1 in customer satisfaction

Sectra PACS was first installed more than 20 years ago and now manages over 70 million annual radiology examinations worldwide. A recently published customer satisfaction study "2014 Best in KLAS: Software and Services" by the research firm KLAS shows that customers applaud the solution for its ease of use, overall product quality and available functionality. According to the study, Sectra PACS ranks #1 globally and in the US. As a result, Sectra received the prestigious healthcare IT industry award "Best in KLAS” in the new category Global PACS but also, for the second consecutive year, "Best in KLAS” among hospitals over 200 beds in the US. KLAS, gathers data on software, services, medical equipment, and infrastructure systems to deliver timely reports, trends, and statistical overviews. The research directly represents the provider voice and acts as a catalyst for improving vendor performance.

Read more about Sectra’s high level of customer satisfaction and the KLAS evaluation at sectra.com/klas.

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