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Philips | News, Analysis, Insights - HIT Consultant

Walgreens Find Care Platform Integrates with Philips SmartSleep Analyzer

by Fred Pennic 09/24/2019 Leave a Comment

Walgreens Find Care Platform Integrates with Philips SmartSleep Analyzer

- New collaboration between Walgreens and Philips helps put quality sleep within reach, integrating Philips SmartSleep Analyzer with Walgreens Find Care. - Walgreens Find Care users are now able to use the tool to help identify the potential reasons contributing to their sleep issues and connect to sleep diagnostics, guidance, products, and solutions online and through the Walgreens mobile app.- Walgreens Find Care users who access the SmartSleep Analyzer will receive personalized insights and
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Philips to Create Taiwan’s First Fully Digital Pathology Department

by Fred Pennic 08/22/2019 Leave a Comment

Philips, today announced that Taipei Veterans General Hospital (TPVGH) will utilize the Philips IntelliSite Pathology Solution to establish Taiwan’s first fully digital pathology department. By allowing tissue samples to be remotely viewed within a virtual pathology network across hospital locations, the Philips IntelliSite Pathology Solution will help TPVGH enhance patient safety and improving the quality of diagnoses, thereby leading to better patient outcomes.Impact of Cancer in TaiwanCancer
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Research: July Digital Health IPOs, M&A Activity, Public Company Performance Summary

by Fred Pennic 08/06/2019 Leave a Comment

Research: July Digital Health IPOs, M&A Activity, Public Company Performance

Summary of Health IT/digital IPOs, merger & acquisition (M&A) activity, and public company performance during the month of July. Digital Health IPOs in July Breaking the digital health IPO drought, there were four initial public offerings (IPOs) during a five-week period from late June to late July, including Livongo, Health Catalyst, Phreesia, and Change Healthcare. The last health IT companies to reach IPO were iRhythym Technologies and Tabula Rasa Healthcare in late 2016 -
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Q&A: Scott Nordlund Shares Banner Health’s Approach to Healthcare Innovation

by Erica Garvin 07/31/2019 Leave a Comment

Banner Health Scott Nordlund Healthcare Innovation Banner Innovation Group (BIG)

Banner Health’s Chief Strategy & Growth Officer Scott Nordlund shares their approach to achieving healthcare innovation with their Banner Innovation Group (BIG).  It may only be comprised of staff members, but Banner Health’s BIG (Banner Innovation Group) has immense goals. Launched in May, BIG was created to engage with partners in healthcare and other fields—such as technology, academia, and venture capital—to rethink every part of the health care system, in all
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3 Takeaways From The 2019 HIMSS & Health 2.0 European Conference

by Michael Liberty, Sr. Market Analyst at Signify Research 07/19/2019 Leave a Comment

The HIMSS & Health 2.0 European Conference attracted over 2,600 delegates from 64 countries to Helsinki in June 2019. While there was a strong focus on healthcare in the Nordics, the conference brought with it a wide variety of vendors from across the globe all looking for new opportunities on the show floor. Our key takeaway – the goal to change mindsets in Europe towards how healthcare can be improved through the use of technology. We look at a few examples below, namely:- Developing
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Philips Acquires Patient Navigation Platform Medumo

by Fred Pennic 07/17/2019 Leave a Comment

Philips Acquires Patient Navigation Platform Medumo

Philips has acquired Boston-based patient navigation platform Medumo for an unclosed sum, according to CBNC reports. Founded in 2013, Medumo helps hospitals, surgical centers, and care teams automatically guide patients throughout their care journey. The company has raised a total of $2.1M. Its patient navigation platform ensures that patients appropriately schedule, show up on time, have all their pre-appointment tasks completed, and continue to follow instructions when they go home after their
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UCLA Spin Out DEARhealth Lands $6M for AI-Powered Pathways for Chronic Care

by Fred Pennic 07/17/2019 Leave a Comment

UCLA Spin Out Dear Health Lands $6M for AI-Powered Pathways for Chronic Care

DEARhealth, a health IT spin-out from the University of California, Los Angeles (UCLA) has raised $6.8 million in Series A funding to expand its AI-powered pathway platform for chronic care. Participants in the Series A funding round include Philips Health Technology Ventures, Vesalius Biocapital III and Health Innovations. DEARhealth was founded in 2011 by Daniel Hommes as a research project when a team of UCLA specialists designed a value-based care program for the management of chronic
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Analysis: Philips’ Evolution to a Pure-play Healthcare Technology Vendor

by Alex Green, Steve Holloway, Simon Harris and Michael Liberty, Signify Research 07/02/2019 Leave a Comment

Analysis: Philips’ Evolution to a Pure-play Healthcare Technology Vendor

 The last two-to-three years we have seen Philips complete its transformation into a pure-play healthcare technology vendor. It has reduced its interest in its remaining non-healthcare business Philips Lighting/Signify (now owning only a 16.5% share), made 16 healthcare technology acquisitions since the start of 2017 and organized its internal business units into three core healthcare technology segments, Personal Health, Diagnosis & Treatment and Connected Care. A few weeks ago, several of
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Remote Enablement Adoption: The Key to Reshaping Patient Monitoring

by James Caffrey, Leader of Strategic Projects & Ventures, Monitoring & Analytics, Philips 06/25/2019 Leave a Comment

Remote Enablement Adoption: The Key to Reshaping Patient Monitoring

The healthcare industry is facing significant pressures around costs and outcomes as it shifts to a value-based care model. To alleviate these concerns, hospitals are looking to technology to help. Over the years, technology has significantly evolved with more connectivity, advanced algorithms and introduction of machine learning and AI. These advancements have greatly improved efficiencies and outcomes in the healthcare industry, yet, along with these benefits, technology also brings a concern
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Digital Prescribing Platform Xealth Raises Additional $3M to Close $14M Series A Round

by Jasmine Pennic 06/20/2019 Leave a Comment

Digital Prescribing Platform Xealth Raises $11M to Expand Digital Health Tools

Xealth, a Seattle-based digital prescribing platform has raised an additional $3 million in its Series A financing, bringing the amount raised in this round to $14 million total. New investors Atrium Health, Cleveland Clinic and MemorialCare Innovation Fund join McKesson Ventures, Novartis, Philips, ResMed, Threshold Ventures (formerly DFJ Venture), Providence Ventures, UPMC and Froedtert and the Medical College of Wisconsin health network. Investments from this round will be used to advance the
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