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Company: Siemens Medical Solutions
Company Description: Siemens Medical Solutions of Siemens AG with headquarters in Malvern, Pennsylvania and Erlangen, Germany, is one of the largest suppliers to the healthcare industry in the world. The company is known for innovative medical technologies, healthcare information systems, and support services, to help customers achieve tangible, sustainable, clinical and financial outcomes.
Nomination Category: Individual Awards Categories
Nomination Sub Category: Best Executive

Nomination Title: Power of Profitability: Dr. Erich Reinhardt's Role in Reshaping Siemens Medical Solutions


Tell the story about what this nominee achieved in the past year (up to 500 words). Focus on specific accomplishments, and relate these accomplishments to past performance or industry norms. Be sure to mention obstacles overcome, innovations or discoveries made, and outcomes:

According to Modern Healthcare, Dr. Erich Reinhardt is one of the most powerful
people in healthcare.  As president and CEO of Siemens Medical Solutions (MED)
worldwide and a member of the board of Siemens AG, Reinhardt has been at the
helm of one of the most powerful divisions of a multinational company for almost a
decade.

Reinhardt believes that medical imaging and information technology are the
groundwork for the future of healthcare.  This is seen in The Heart Center of
Indiana (THCI), a freestanding, digital heart center that opened in December 2002. 
The success of THCI is a testament to Dr. Reinhardt's ability to change MED's
position and product portfolio.

In the '90s, MED was facing facility shut downs, layoffs, low morale, and rapidly
changing industry and customer needs.  Known for his tough management style
and passion for medicine, Reinhardt determined Siemens needed to offer solutions
that reduced costs and improved the quality of care.  The answer was the marriage
of IT and medical imaging.  Today, the company offers the most innovative,
integrated solutions, occupies the number-one or number-two spot in more than 90
percent of its businesses, and has enjoyed consecutive double-digit growth years.

List hyperlinks to any online news stories, press releases, or other documents that support the claims made in the section above. IMPORTANT: Begin each link with http://, and enclose each link in square brackets; for example, [http://www.youraddress.com]:

Supporting materials for this nomination were submitted offline.

Provide a brief (up to 100 words) biography about this nominee:

Dr. Erich Reinhardt was born on October 3, 1946, in Ohringen/Baden-
Wurttemburg.  Upon leaving high school in 1966 he studied electrical engineering
at the University of Stuttgart, graduating in 1972.  From 1972 to 1983, Dr.
Reinhardt performed research work at the University's Institute for Physical
Electronics, work that earned him his Ph.D. in 1979.   He was made an honorary
professor at the University of Stuttgart in 1983.  In 1983, Dr. Reinhardt began his
career at Siemens AG as the manager of applications development in the
Magnetic Resonance Tomography division.  Three years later, he was promoted to
manager of this division.  Beginning in 1990, Dr. Reinhardt worked in India as the
managing director of Siemens Ltd. Bombay.  He returned to Germany in 1994
when he was appointed as a member of Siemens Medical Solutions Group
Executive Management.  Dr. Reinhardt was appointed president and CEO of
Siemens Medical Solutions on April 1, 1994.  He is married and has two
daughters.

 

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