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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Philips | News, Analysis, Insights - HIT Consultant
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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Philips launches IntelliSpace Epidemiology Solution to Detect HAIs
Philips has announced the launch of IntelliSpace Epidemiology, a solution that optimizes the detection of healthcare-associated infections (HAIs) in the hospital. Philips Epidemiology is a single, integrated system that combines clinical informatics, bioinformatics, and genome sequencing information. Hosted on Philips HealthSuite, IntelliSpace Epidemiology will leverage deep learning and clinical analytics to genetically fingerprint pathogens and track infection transmissions quickly, as well as
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Philips and American Heart Association Partner to Increase Sudden Cardiac Arrest Survival Rates
Today, Philips and the American Heart Association (AHA) announced a partnership to increase sudden cardiac arrest (SCA) survival rates outside the hospital around the world. This first-of-its-kind initiative, known as the Connected Pulse program, combines education and training to heighten awareness around CPR, the use of AEDs and other new technologies that can improve the chances for survival from the moment an incident occurs to the patient reaching the hospital.Cardiovascular disease is a
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Led by Philips, Prenatal App Babyscripts Nabs $6M to Support Holistic Care for Mothers
Babyscripts, Inc., a Washington D.C.-based virtual care platform for managing obstetrics, announced today that Philips has taken a minority position in the company by leading a $6 million round of financing. The round also included participation from investors StartUp Health and NueCura Partners.Founded in 2013, Babyscripts has spent the last four years building a clinically-validated, virtual care platform to allow OBGYNs to deliver a new model of prenatal care. Using Internet-connected devices
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NewYork-Presbyterian Hospital Inks 10-Year Contract with Philips to Deploy Clinical Informatics Solution
Today, Philips announced that NewYork-Presbyterian Hospital has chosen to implement IntelliSpace Enterprise Edition solution across its hospitals and facilities. In a 10-year agreement, IntelliSpace Enterprise Edition will provide the health system with access to Philips’ full suite of informatics solutions across radiology, cardiology, and analytics to help improve efficiencies and care delivery. Implementation DetailsNewYork-Presbyterian is one of the nation’s most comprehensive, integrated
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Jackson Health Expands 11-Year Partnership with Philips with End-to-End Managed Service for Healthcare IT
Philips, today announced that Jackson Health System is expanding on the world’s first, 11-year long-term strategic partnership for Enterprise Monitoring as a Service (EMaaS) by implementing IntelliSpace Enterprise Edition, including Philips PerformanceBridge. Philips IntelliSpace Enterprise Edition is a scalable, interoperable and secure end-to-end managed service for healthcare IT. By expanding the partnership, the two are taking their long-term collaboration forward to drive meaningful
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