What You Should Know:
- Philips, a global provider of health technology, announced the expansion of its enterprise imaging portfolio and AI-enabled solutions at the annual meeting of the Radiological Society of North America (RSNA).
- Philips HealthSuite Imaging is a next-generation cloud-based PACS designed to help radiologists and clinicians adopt new capabilities faster, improve operational efficiency, and enhance patient care.
Key Highlights of Philips HealthSuite
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Philips HealthSuite Digital Platform
M&A: Philips Acquires Remote Cardiac Monitoring BioTelemetry for $2.8B
What You Should Know:
- Philips acquires BioTelemetry, a U.S. provider of
remote cardiac diagnostics and monitoring for $72.00 per share for an implied
enterprise value of $2.8 billion (approx. EUR 2.3 billion).
- With $439M in revenue in 2019, BioTelemetry annually monitors over 1 million cardiac patients remotely; its portfolio includes wearable heart monitors, AI-based data analytics, and services.
- BioTelemetry business is expected to deliver double-digit growth and improve its
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Philips and Samsung Partner to Connect Samsung’s IoT Platform to Philips HealthSuite Digital Platform
Philips and Samsung announced plans for a strategic partnership to connect Samsung’s ARTIK Smart IoT Platform to the Philips HealthSuite Digital Platform. This collaboration will ultimately allow the Samsung ARTIK ecosystem of connected devices to safely access and share information with Philips’ cloud platform. Healthcare application developers will be able to realize interoperable connected health solutions using integrated data sets and innovative HealthSuite services such as advanced health
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