Siemens nabs major contracts

Two deals, each potentially worth millions of dollars, are now in the back pocket of Siemens Medical Solutions. The company has signed a multiyear agreement totaling approximately $5 million to provide Touchstone Medical Imaging with CT scanners at facilities in Texas, Arkansas, Maryland, Colorado, Tennessee, and Illinois. The company has also signed a five-year agreement with Radiology Partners, a large group purchasing organization based in Tampa. The GPO's 1200 members in 32 states will have access to Siemens' full line of imaging and medical products. The agreement is expected to generate $15 million to $20 million in sales each year for the term of the contract.