Royal Philips, a global health technology company has announced it signed a 10-year strategic partnership agreement with Rutherford Diagnostics. This collaboration will utilize Philips innovative radiology technology and Rutherford Diagnostics’ healthcare expertise to deliver and operate advanced personalized diagnostic services through a network of community diagnostic centers, driving the best possible healthcare outcomes for patients. Rutherford Diagnostics is a subsidiary of Proton Partners
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Philips | News, Analysis, Insights - HIT Consultant
Philips, Medtronic Partner to Advance The Image-Guided Treatment of Atrial Fibrillation
Royal Philips has announced a collaboration with Medtronic to further advance treatment of paroxysmal atrial fibrillation (PAF), a common heart rhythm disorder. Through the agreement, Medtronic will facilitate sales of products on behalf of Philips to provide an innovative, integrated image guidance solution for cryoablation procedures.Impact of Atrial FibrillationAtrial fibrillation (AF) affects more than 33 million people worldwide. Cryoballoon ablation is used in a minimally invasive
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HIMSS Appoints Dr. Sebastian Krolop As Global Chief Operating & Strategy Officer
HIMSS, has announced the
appointment of Dr. Sebastian Krolop, MD, PhD, MSc, to the role of
chief operating & strategy officer (COSO). Under his leadership as COSO, Dr. Krolop will lead the alignment of HIMSS’s
operational goals with the organization’s strategic plan. In addition, he will
guide the direction of HIMSS
Analytics, HIMSS
Media and foster additional support services in international
markets.
Dr. Krolop Background/Experience
Dr. Krolop comes to the organization
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ATA 2019 Show Report – Don’t Be Fooled by First Impressions
2019 will be a big year for telehealth, but for those attending ATA 2019 in New Orleans last week, it may not have seemed so on the surface. Particularly given that attendee numbers peaked several years ago and one-or-two high-profile regulars, such as Philips and Vidyo, were also missing from the exhibition floor this year.With telehealth enjoying center-stage coverage at HIMSS (only two months ago) and being a key theme at consumer electronics/telecoms shows such as CES and MWC, the annual ATA
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March 2019 News, Merger & Acquisition, IPO, Public Company Performance Summary
A brief summary of noteworthy news, health IT M&A activity, IPOs, and public company performance during the month of March.
Noteworthy News
Amazon, JP Morgan, Berkshire Names New Joint Venture Haven
Amazon, J.P. Morgan, and Berkshire Hathaway name joint venture Haven. In January 2018, the three founding companies announced plans to create this independent organization, now called Haven, which is free from profit-making incentives and constraints. Haven’s focus is the 1.2 million
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Healthcare M&A: How Carestream Will Change Philips Strategy in Imaging Informatics
Earlier this month, Philips Healthcare announced it had signed an agreement to purchase the IT business (HCIS) of Carestream Healthcare for an undisclosed amount. The deal, expected to close in the second half of the year, is one of the largest M&A moves in the imaging informatics market for some time. While it was one of the worst kept secrets in the industry that the owners of Carestream were looking for a buyer, the decision to split off the HCIS business of Carestream was more of a
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Digital Prescribing Platform Xealth Raises $11M to Expand Digital Health Tools
Xealth, a Seattle-based digital prescribing platform has raised $11 million in Series A funding from McKesson Ventures, Novartis, Philips, and ResMed. Existing investors Threshold Ventures (formerly DFJ Venture), Providence Ventures, UPMC and Froedtert and the Medical College of Wisconsin health network also participated in the round.Xealth BackgroundSpun out of Providence St. Joseph Health in 2017, Xealth enables clinicians to prescribe and monitor digital healthcare content, apps, devices, and
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Philips, Microsoft Unveils Augmented Reality Concept for Operating Room of the Future
Health technology company Philips unveiled a unique mixed reality concept developed together with Microsoft Corp. for the operating room of the future. Based on the state-of-the-art technologies of Philips’ Azurion image-guided therapy platform and Microsoft’s HoloLens 2 holographic computing platform, the companies will showcase novel augmented reality applications for image-guided minimally invasive therapies.Image-Guided Minimally Invasive Therapies In contrast to open surgery, minimally
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Philips, DispatchHealth Launch On-Demand Home Care Pilot Program for Arizona Seniors
Philips is joining forces on a pilot study with DispatchHealth, a provider of mobile urgent care that delivers convenient, affordable care within one’s home to help enhance care for select Arizona members of Mercy Care. DispatchHealth supports seniors wishing to stay in their homes longer by providing a preventative and proactive treatment where and when seniors need it to help avoid elevating health situations to costly emergency medical services (EMS) and to avoid unnecessary trips to
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HIMSS19 Day 2 Announcements & Summary
Accenture: Millenials & Gen Z Are Shifting to Virtual, Retail, Clinic, Digital CareMillennial and Gen Z consumers in the U.S. are rapidly adopting non-traditional care models, such as retail clinics, virtual and digital services, according to results of an Accenture survey of 2,000 consumers.Key findings of the survey study include:- When considering traditional in-person care, millennials (ages 22 to 38 in 2019) were two to three times more likely than baby boomers (ages 55 to 73) to be
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