Philips and Children’s Health Work to Innovate Patient Monitoring in Dallas
18 September 2018 - 11:00PM
Business Wire
Pediatric health system adopts unique business model to continue
providing seamless care for patients
Royal Philips (NYSE: PHG, AEX: PHIA) and Children’s HealthSM
today announced an up to 15-year, long-term, strategic agreement
worth up to USD $75 million to innovate their patient monitoring
and PACs systems for nearly one million patients in North Texas.
Both Philips and Children’s Health have been in healthcare for more
than 100 years and have a shared commitment to excellence and
improving the lives of children. Through this agreement,
standardized patient monitoring will take place on the Philips
Intellivue X3 patient monitor, which offers the ease of a
smartphone-style operation, mobility and allows staff to track a
patient’s vitals during transport and at the bedside. Philips is a
leader in patient monitoring with more than 275 million patients
monitored by Philips systems annually.
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Children's Medical Center Dallas (Photo:
Business Wire)
In addition to the Philips X3 patient monitor, Children’s Health
will have access to other leading Philips patient monitoring
technologies such as IntelliVue Guardian with Early Warning Scoring
and Intellivue Mobile Caregiver. These technologies can further
empower staff, by putting critical patient information at their
fingertips in an intuitive, easy to understand format.
“We are committed to making life better for children, and
providing our patients with the best care possible,” said Pamela
Arora, Senior Vice President and Chief Information Officer at
Children’s Health. “Aligning with Philips will help us improve the
experience for our patients and their families.”
As hospital systems move from fee-based to value-based care,
long-term, strategic arrangements are becoming the business model
of choice for hospitals and health systems to better manage the
cost and complexity of their technology investments, while
expanding quality access to advanced medical care for their
communities. Other pediatric health systems that have also adopted
this model include Phoenix Children’s Hospital, Children’s Hospital
and Medical Center of Omaha, and the Maria Fareri Children’s
Hospital, part of Westchester Medical Center Health.
“As a parent, I know the importance of demanding only the best,
most innovative care possible when it comes to our children,” said
Carla Kriwet, CEO of Connected Care and Healthcare Informatics at
Philips. “By working with Philips, Children’s Health can offer the
community it serves over 250 years of combined healthcare knowledge
and best practices, along with leading connected patient monitoring
solutions that will improve its patient and staff experience. More
importantly, it can offer patient families peace of mind in knowing
that their children are being cared for by a health system that is
at the forefront of technology adoption and that will go above and
beyond in caring for its patients.”
About Royal Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health
technology company focused on improving people's health and
enabling better outcomes across the health continuum from healthy
living and prevention, to diagnosis, treatment and home care.
Philips leverages advanced technology and deep clinical and
consumer insights to deliver integrated solutions. Headquartered in
the Netherlands, the company is a leader in diagnostic imaging,
image-guided therapy, patient monitoring and health informatics, as
well as in consumer health and home care. Philips generated 2017
sales of EUR 17.8 billion and employs approximately 75,000
employees with sales and services in more than 100 countries. News
about Philips can be found at
http://www.philips.com/newscenter.
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Philips North AmericaSilvie Casanova,
781-879-0692silvie.casanova@philips.comorPhilips Group Press
OfficeKathy O'Reilly, +1-978-221-8919Kathy.oreilly@philips.com
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