IMS Health, a leading global provider of information and technology services to the healthcare and life sciences industries, has completed the acquisition of Dimensions Healthcare, a UAE company which provides high quality healthcare systems to payers, providers and regulatory bodies.

 

The details about the agreement have not been disclosed publicly, said a statement.

 

This transaction has established IMS Health as a market leader for the entire UAE healthcare and life sciences market, serving not only pharmaceutical companies but also payers, providers and government stakeholders.

 

Dimensions Healthcare was established in 2008 and achieved rapid growth by taking a holistic approach to the delivery of health technology, developing proprietary systems for medication dispensing, healthcare information management and clinical decision support. 

 

Alistair Grenfell, IMS Health president for North Africa, Middle East, South Asia and Africa, said: “This is a significant moment in our growth as a global leader in the healthcare technology industry; today we have gained a comprehensive understanding of the Middle East market from all angles and can now accelerate our expansion plans, offering world class systems and services to new customers across the region.”

 

Earlier this year, Dimensions Healthcare launched the next evolution of its products by offering local cloud-based functionality, with a promise to customers that global cloud connectivity was on its way in 2017.

 

Dr Omar Ghosheh, founder and chief executive officer, Dimensions Healthcare, said: “Today’s transaction will enable Dimensions Healthcare’s vision to be realised, giving UAE payers, providers and regulators immediate access to the global knowledgebase that only IMS Health can offer.” - TradeArabia News Service