Philips, American Heart Association (AHA) and UPMC’s announcement to launch Cardeation Capital, a new $30 million venture fund designed to spur healthcare innovation in heart disease and stroke care. With cardiovascular disease costs projected to exceed $1 trillion by 2035, this initiative will play a critical role in transforming care for a healthier, less costly tomorrow.The fund will be managed by Aphelion Capital where each company has committed $10 million and will work together to identify
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Philips | News, Analysis, Insights - HIT Consultant
Philips and Emory Healthcare Launch Remote Intensive Care Monitoring Program in Australia
Today, Philips and Emory Healthcare have announced the launch of a (eICU) remote intensive care monitoring program based at Royal Perth Hospital in Western Australia. Through this program, Emory Healthcare will use advanced technology that enables clinicians to monitor multiple critically ill patients remotely, alert ICU staff to any issues and ensure early intervention to improve outcomes. Based on the successes of a pilot program Emory Healthcare ran out of Sydney in 2016, this partnership is
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Philips Acquires Sleep Apnea Wearable Nightbalance to Expand its Sleep & Respiratory Care Portfolio
Philips announced that it has acquired NightBalance, a Netherlands-based digital health startup that has developed a sleep apnea wearable that is used to treat positional obstructive sleep apnea and positional snoring. Obstructive sleep apnea (OSA) is a serious disorder in which breathing pauses and re-starts during sleep. Common symptoms of obstructive sleep apnea syndrome are snoring and excessive tiredness during the daytime.When most of these pauses in breathing occur when you lie on your
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Philips Partners With Mass General to Advance Digital Pathology Adoption
Philips announced it’s collaborating with Massachusetts General Hospital (MGH) and Brigham and Women’s Hospital (BWH) to enable research, support clinical diagnosis and help advance digital pathology adoption across the U.S. through the implementation of the Philips IntelliSite Pathology Solution.This collaboration builds on digital pathology’s growing momentum in recent years, due to its ability to enable highly automated workflows that allow pathologists to compile clinically actionable
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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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Northwell Health Shows Positive Impact in ED with Philips Wearable Biosensor
Northwell Health announces it has improved clinical outcomes and patient satisfaction collaborating with Philips on a comprehensive IT strategy. Leveraging Philips Virtual Hospital Services portfolio – including eICU technology and a comprehensive Telestroke program – Northwell has seen a reduction in mortality in the ICU and improved access to life-saving stroke care, as well as increased patient satisfaction in the Emergency Department (ED) through a pilot program featuring the Philips
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Medtronic, Philips Partner Develop Innovation Solution for Lung Cancer
Medtronic and Philips, today announced a new partnership to develop and commercialize the LungGPS Patient Management Platform. The comprehensive patient and data management platform is designed to make it easier for clinicians to identify and manage potentially cancerous lung nodules.Lung cancer is the deadliest form of cancer, and while early detection is key, there are few symptoms in the earlier stages. When found early, lung nodules can be continuously monitored for growth, which is a sign
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Philips Launches EHR-Integrated Patient Monitoring Solution for Clinicians
philipPhilips has announced the launch of their next-generation Patient Monitoring solution, an enterprise-wide system that consists of bedside, transport, mobile and central station monitoring technology backed by a new approach of consulting, training, service and customer support.Helping Clinicians Improve Patient CareWhen patients are admitted to the hospital, they are frequently transferred between departments, which can make it difficult for clinicians to obtain complete data from
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Healthcare M&A Analysis: Why Did Philips Acquire PHM Vendor VitalHealth?
Editor's Note: Alex Green is the Director and Principal Analyst at Signify Research, a UK-based market research firm focusing on health IT, digital health, and medical imaging. Alex is responsible for leading Signify Research’s Digital Health market intelligence portfolio, initially developing its coverage of the patient engagement platforms and portals marketPhilips announced on December 8th that it had acquired Dutch population health management (PHM) and eHealth platform provider VitalHealth
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Philips Acquires Mayo-Backed VitalHealth to Expand Population Health Management Offerings
Philips has acquired VitalHealth, a Netherlands-based provider of cloud-based population health management solutions for the delivery of personalized care outside of the hospital, for example, in regional care networks. Building on the acquisition of Wellcentive in 2016, the acquisition complements Philips population health management portfolio with advanced analytics, care coordination, patient engagement and outcome management solutions. Financial details of the acquisition were not
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