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Philips | News, Analysis, Insights - HIT Consultant

M&A Analysis: Mednax to Sell its Radiology and Teleradiology Business

by Arun Gill, Senior Analyst at Signify Research 06/17/2020 Leave a Comment

M&A Analysis: Mednax to Sell its Radiology and Teleradiology Business

Earlier this month saw Mednax announce significant plans to transform its business. Mednax intends to: - Sell its Mednax Radiology Solutions business, which includes its radiology groups and the teleradiology market leader Virtual Radiologic (vRad). - Reposition itself as a dedicated pediatrics and obstetrics business, including a return to its original company name, Pediatrix Medical Group. Mednax made its entrance into the radiology business following the $500m acquisition of vRad in
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MD Anderson, Philips Partner on Personalized Oncology Treatments, Clinical Trial Matching

by Fred Pennic 06/16/2020 Leave a Comment

Philips and MD Anderson collaborate to facilitate personalized oncology treatments and clinical trial matching based on genomic markers

What You Should Know: - Philips and MD Anderson collaborate to facilitate personalized oncology treatments and clinical trial matching based on genomic markers. - Philips connects oncologists and pathologists around the world to MD Anderson’s Precision Oncology Decision Support (PODS) system of actionable clinical information Philips and The University of Texas MD Anderson Cancer Center today announced a collaboration to provide oncologists with evidence-based therapy and clinical
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Philips Unveils Fetal and Maternal Pod and Patch for Continuous, Non-Invasive Monitoring

by Jasmine Pennic 06/12/2020 Leave a Comment

Philips Unveils Fetal and Maternal Pod and Patch for Fetal and Maternal Monitoring

What You Should Know: - Philips unveils Avalon CL Fetal and Maternal Pod and Patch aim to reduce unnecessary physical interactions between clinicians and patients, which is of particular importance during the COVID-19 pandemic.  - The Fetal and Maternal Pod and Patch allow for continuous, non-invasive monitoring of maternal heart rate, fetal heart rate, and uterine activity with a single-use, 48-hour, disposable electrode patch placed on the mother’s abdomen.  Royal Philips,
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Orbita Lands $9M For Conversational AI-Powered Voice and Chatbot Solutions for Healthcare

by Fred Pennic 05/28/2020 Leave a Comment

Orbita Lands $9M For Conversational AI-Powered Voice and Chatbot Solutions for Healthcare

What You Should Know: - Orbita raises $9M for conversational AI-powered voice and chatbot platform co-led by Philips Health Technology Ventures and HealthX Ventures along with investors Cultivation Capital and Newark Venture Partners. - Orbita's powerful conversational AI platform enables healthcare organizations to cost-effectively create and manage HIPAA-compliant virtual healthcare assistants for consumer and clinical applications that increase patient engagement, reduce cost of care,
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Philips Awarded FDA Clearance for Wearable Biosensor to Monitor COVID-19 Patients

by Fred Pennic 05/26/2020 Leave a Comment

Philips Awarded FDA Clearance for Wearable Biosensor to Monitor COVID-19 Patients

What You Should Know: Wireless wearable biosensor (Philips Biosensor BX100) receives 510(k) clearance from the FDA and CE mark to help monitor COVID-19 patients in the hospital, with the first install at OLVG Hospital in the Netherlands Philips Biosensor BX100 enhances Philips portfolio of devices, software, and services for identifying patients at risk for deterioration while limiting exposure to help improve staff and patient safety and preserve valuable personal protective equipment.
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Philips Launches HealthSuite Clinical Trial Accelerator

by Jasmine Pennic 05/19/2020 Leave a Comment

, Philips launches HealthSuite Clinical Trial Accelerator

What You Should Know: Philips launches HealthSuite Clinical Trial Accelerator to help life science organizations run more flexible, patient-centric clinical trials. Clinical Trial Accelerator enables patient-centric trials at home, managing the collection of data while providing the security and compliance expected from both patients and life science organizations. Philips, today announced Clinical Trial Accelerator on Philips HealthSuite. This new tailored set of capabilities
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Philips Unveils Innovative Ultrasound Solution for Pediatric Assessment

by Fred Pennic 05/06/2020 Leave a Comment

Philips Unveils Innovative Ultrasound Solution for Pediatric Assessment

What You Should Know: Philips unveils first of its kind ultrasound solution for pediatric assessment to provide a gentler approach to imaging children.  It combines dedicated transducers, enhanced processing, and software tools that are optimized for the pediatric diagnostic workflow to help improve the experience of both young patients and staff. Royal Philips, a global leader in health technology, announced the ultimate ultrasound
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Philips, U.S. Government Partner to Ramp-Up Ventilator Production to Combat COVID-19 Pandemic

by Fred Pennic 04/08/2020 Leave a Comment

Philips, U.S. Government Partner to Ramp-Up Ventilator Production to Combat COVID-19 Pandemic

What You Should Know: Philips and the U.S. government collaborate on ramping up ventilator production to combat COVID-19 pandemic with plans to double the production by May 2020. In the first three months of this year, Philips already delivered several thousand ventilators to U.S. hospitals. As a result of its production ramp-up, Philips was able to deliver an additional batch of ventilators to one of New York’s hospitals, to help provide immediate relief to the surge of COVID-19
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Philips Enables Providers to Remotely Screen and Monitor Patients with COVID-19

by Fred Pennic 04/01/2020 Leave a Comment

Philips Enables Providers to Remotely Screen and Monitor Patients with COVID-19

What You Should Know: - Philips provides healthcare institutions with telehealth solution to process high volume coronavirus-related healthcare requests via online screening and supports healthcare providers in the use of external call centers to offer the correct care to patients - If medically justified, patients infected with COVID-19 can be remotely monitored via automated questionnaires about their home situation and state of health Royal Philips announced that it can help
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Philips Ramps Up Production of Critical Health Tech Products in Response to COVID-19 Pandemic

by Fred Pennic 03/25/2020 Leave a Comment

Philips Ramps Up Production of Critical Health Tech Products in Response to COVID-19 Pandemic.

What You Should Know: - The most needed products are patient vital signs monitors and portable ventilators and medical consumables for non-invasive and invasive ventilation to treat a broad range of respiratory conditions. - Philips’ efforts to increase the production include hiring additional manufacturing employees and shifting current employees to support increased demand immediately Royal Philips announced that it is increasing the production of
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