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Inspira Health, Philips Forms $50M, 5-Year Partnership to Standardize Patient Monitoring

by Jasmine Pennic 12/02/2019 Leave a Comment

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Inspira Health, Philips Forms $50M, 5-Year Partnership to Standardize Patient Monitoring

– Philips and Inspira Health announce USD 50 million, long-term strategic partnership to transform patient care for residents of southern New Jersey, U.S.

– The partnership agreement will make Philips solutions available to more than a dozen Inspira health facilities including training and services to maximize operational efficiency.

Inspira Health (Inspira), a charitable nonprofit healthcare organization and a regional leader in physician training has formed a $50M, five-year strategic partnership with diagnostic imaging leader Philips to standardize patient monitoring. The long-term strategic agreement will help drive innovation in diagnostic imaging solutions in order to enhance patient care and improve clinical workflow performance.

Philips Solutions Deployed to Inspira Health Facilities to Create Integrated Care Facility

As part of the strategic agreement, Philips solutions will be available to more than a dozen Inspira health facilities, helping the charitable non-profit fulfill its commitment to provide access to the highest quality medical services. The contract also includes training and services that will maximize Inspira’s operational efficiency.

Inspira is the region’s leading network of health care providers, delivering the full continuum of primary, acute and advanced care services. The health system is comprised of three hospitals, a comprehensive cancer center, several multi-specialty health centers and a total of more than 150 access points. The health network is also opening a state-of-the-art hospital this month and an adjacent leading-edge cancer center in January in Mullica Hill, New Jersey. Both will incorporate Philips technology to create an integrated care facility centered around patient needs.

Impact of Long-Term Strategic Partnership for Inspira

Long-term strategic partnerships (LSPs) are a growing trend used within hospitals and health systems to better manage the cost and complexity of their technology investments over a defined period, while expanding quality access to advanced medical care in order to improve patient outcomes. Philips is a leader in LSPs and will provide Inspira with the latest in diagnostic imaging solutions, patient care monitoring systems, and minimally invasive solutions such as the Philips Azurion image-guided therapy platform. Driven by benefits for patients and care providers, minimally invasive therapies such as the catheter-based treatment of certain tumors, aneurysms, obstructed blood vessels, heart rhythm disorders and defective heart valves continue to grow fast. These therapies are also more cost-effective and support Inspira’s vision of providing quality care for its communities, with a focus on cancer and cardiac care.

Long-term strategic partnerships also provide forward-thinking organizations like Inspira with a predictable and stable financial model, while helping to take the guesswork out of technology adoption. It will allow Inspira to standardize its diagnostic imaging and patient monitoring technologies across the network, making data more integrated and allowing clinicians to get access to the right patient data, which will facilitate better diagnosis and treatment.

“At Inspira, we are focused on leveraging technology that enables our teams to provide the best possible care. By working closely with Philips, we have an opportunity to stay at the cutting edge of imaging and patient monitoring,” said John DiAngelo, president and CEO, Inspira Health. “This partnership will bring countless benefits to our patients, physicians and clinical teams. It comes down to ensuring that each individual community within our broader community is taken care of.”

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Tagged With: cancer, Diagnostic Imaging, Health Systems, Heart, integrated care, minimally invasive therapies, model, Patient Care, Patient Monitoring, Philips, physicians

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