Digital Health Players: Philips Is Betting Big On Digital Health


Forbes
Sai Balasubramanian, M.D., J.D.
March 22, 2022


Photograph of an early ultrasound in use. An ultrasound scan, also referred to as a sonogram, is a device that uses high-frequency sound waves to create images of the internal organs. Dated 20th Century. (Photo by: Universal History Archive / Universal Images Group via Getty Images)


Earlier this month at the famous Healthcare Information and Management Systems Society (HIMSS) health conference, global technology leader Philips highlighted its continued commitment to healthcare innovation.


The company’s vision is straightforward: “As care settings extend beyond the hospital, with increasing ambulatory and home care, the health IT landscape is growing accordingly


The company’s vision is straightforward: “As care settings extend beyond the hospital, with increasing ambulatory and home care, the health IT landscape is growing accordingly.

Health systems are seeking ways to improve patient and provider experiences and better deliver care throughout the continuum by connecting data from various points-of-care and disparate systems. 

Cloud-based, integrated platforms are increasingly recognized for their ability to liberate data from siloes and derive meaningful insights that support workflows enabling precise, proactive and integrated care delivery.”


Health systems are seeking ways to improve patient and provider experiences and better deliver care throughout the continuum by connecting data from various points-of-care and disparate systems.

Cloud-based, integrated platforms are increasingly recognized for their ability to liberate data from siloes and derive meaningful insights that support workflows enabling precise, proactive and integrated care delivery.”


Roy Jakobs, Chief Business Leader of Connected Care at Philips further explains: 

“Digital transformation and a faster adoption of digital technologies is possible, as we have seen during the COVID-19 pandemic. 


“Digital transformation and a faster adoption of digital technologies is possible, as we have seen during the COVID-19 pandemic.


How we partner with our customers to serve their evolving needs across operations and patient care is more essential than ever, especially as healthcare organizations face many challenges 

  • from staffing shortages, 
  • to security challenges, 
  • to gaps in patient care […] 

We aim to be the caregiver’s trusted partner, by providing a secure backbone, revealing patient insights at the point-of-care and beyond, to help drive confident clinical and operational decision making as part of their ecosystem…”


Notably, Philips has an incredible pipeline of products to help support this overarching mission. 


Notably, Philips has an incredible pipeline of products to help support this overarching mission.


Take for example Lumify, a portable ultrasound suite that offers cutting edge diagnostic capabilities with robust mobile capabilities and point-of-care applications.

The product even provides tele-ultrasound capabilities, paving way for endless potential with regards to live collaboration and remote care delivery. 


philips

The company has also developed an entire HealthSuite Interoperability system, providing “departments and stakeholders [a way] to communicate with each other and exchange clinical information.” 

In conjunction with Philips’ patient management and data infrastructure, the company has created a robust digital health ecosystem. 


As expected, however, Philips is certainly not alone in this effort. Digital health is the buzzword that is currently dominating the healthcare industry, and other companies are equally ramping up efforts in the field.


As expected, however, Philips is certainly not alone in this effort


Take for example Butterfly, another ultrasound device company that is seamlessly integrating into the digital health ecosystem. Last year, Butterfly went public in a deal worth nearly $1.5 billion dollars, dawning a new era for the company. I also recently wrote about how Oracle corporation, another global technology leader, is aggressively setting its gaze on healthcare as the company’s next frontier. The technology giant is already a key cloud provider for numerous larger healthcare organizations, with a promising pipeline of products ahead.



Finally, other stalwart technology players such as Microsoft, Amazon, and Walmart cannot be forgotten as they attempt to establish their own entry into the healthcare sector with a key focus on providing innovative digital health solutions. 

The distinct advantage that these companies have is their nearly universal brand recognition, which will undoubtedly make acceptance of new product lines by consumers that much easier.


Indeed, digital health certainly has a long way to go. However, the efforts being made by companies such as Philips and other established players allude to a promising future.


Names cited


Roy Jakobs,
Chief Business Leader of Connected Care at Philips 

Originally published at https://www.forbes.com.



COMPANY PUBLICATION @ HIMSS22



Mar 14, 2022

Philips showcases connected, scalable health informatics solutions at HIMSS22

  • Flexible, secure, cloud-based Philips HealthSuite solutions and innovative business models aim to connect care across settings, address workforce challenges, drive efficiency and improve outcomes
  • Informatics solutions provide deep insights at the points-of-care in acute, ambulatory, and interventional settings, and beyond to simplify care orchestration for providers and help improve patient outcomes and experience

Amsterdam, the Netherlands and Orlando, Florida, USA — Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, will showcase its latest secure, connected and scalable informatics solutions during the HIMSS22 Global Health Conference & Exhibition. Philips will share its deep clinical and operational expertise to support healthcare providers’ digital transformations and showcase its informatics suite that delivers data-driven actionable insights to advance precision care, support care along each patient’s pathway and improve transitions across care settings. Philips will spotlight how its integrated solutions address some of the most urgent needs that the industry faces today, including staff shortages and cybersecurity threats.


As care settings extend beyond the hospital, with increasing ambulatory and home care, the health IT landscape is growing accordingly. Health systems are seeking ways to improve patient and provider experiences and better deliver care throughout the continuum by connecting data from various points-of-care and disparate systems. Cloud-based, integrated platforms are increasingly recognized for their ability to liberate data from siloes and derive meaningful insights that support workflows enabling precise, proactive and integrated care delivery. With HealthSuite at its center, Philips brings a secure, interoperable and future-ready informatics platform that integrates live-streaming, high-fidelity data with contextual decision support, presenting actionable insights for individual patients and at scale.

How we partner with our customers to serve their evolving needs across operations and patient care is more essential than ever, especially as healthcare organizations face many challenges — from staffing shortages, to security challenges, to gaps in patient care.

Roy Jakobs
Chief Business Leader Connected Care, Philips

“Digital transformation and a faster adoption of digital technologies is possible, as we have seen during the COVID-19 pandemic. How we partner with our customers to serve their evolving needs across operations and patient care is more essential than ever, especially as healthcare organizations face many challenges — from staffing shortages, to security challenges, to gaps in patient care” said Roy Jakobs, Chief Business Leader Connected Care, Philips. “We aim to be the caregiver’s trusted partner, by providing a secure backbone, revealing patient insights at the point-of-care and beyond, to help drive confident clinical and operational decision making as part of their ecosystem. We are with our customers at every step of innovation to streamline workflows, accelerate diagnosis and treatment, and optimize patient and staff experiences.”


Industry recognition


Philips’ commitment to empowering clinicians with meaningful innovation and actionable insights is evident in its latest accolades. Most recently, the purpose-built, cloud-based Philips HealthSuite Platform, which serves as the foundation of Philips’ informatics innovation, was recognized in the 2021 Gartner® Market Guide for Digital Health Platforms. Additionally, Philips received two ‘Best in KLAS’ awards from KLAS Research for Philips Enterprise Viewer — Vue Motion — and Philips EMR Tasy electronic medical record.


Advancing care pathways across the continuum


Visitors to the Philips Booth (#2501) at HIMSS will experience a full suite of integrated informatics solutions, ranging from emergency care, to precision diagnosis, to ambulatory and home care, with a focus on integrated solutions across the following key care pathways:

Ambulatory Cardiac Care: Philips’ portfolio of cardiology solutions can help make care delivery accurate, comprehensive and efficient, with clinically validated ambulatory cardiac diagnostics, monitoring services and a cardiac data platform that integrates data from almost any remote cardiac monitoring device. In a recent example, Philips announced the results of a study [1] that found 30-days of a continuous monitoring program using Philips BioTel Heart MCOT patch improved atrial fibrillation detection rates among post-cryptogenic stroke patients, while minimizing cost and reducing the risk of secondary stroke.


Integrated Diagnostics: Philips HealthSuite Interoperability is a fully integrated cloud-enabled Health IT platform that meets diverse workflow needs across the imaging enterprise, enabling better integration of imaging and related data across various clinical service lines. Philips Enterprise Performance Analytics — PerformanceBridge — will provide real-time insights in utilization and clinical operations in radiology and cardiology to help better leverage the workforce, enhance efficiencies and improve care delivery and patient experience. Both innovations are part of Philips Data Management and Interoperability Solutions [2], an integrated, scalable portfolio of innovative technologies, analytics and professional services, designed to support healthcare providers to continuously improve performance. Philips will also highlight its market leading Enterprise Imaging solutions and the emerging clinical applications on that platform as it helps health systems to accelerate in their progress along the HIMSS Digital Imaging Adoption Model (DIAM).


Acute Patient Management: Philips’ acute patient management solutions help accelerate diagnosis and treatment, identify changes through precise and continuous patient monitoring and help provide accurate and predictive surveillance based on multi device and systems patient data so caregivers can provide a timely response with confidence. In defining moments and throughout the patient journey, Philips aims to extend the sight and reach of providers across settings and through transitions to orchestrate better patient experiences, effective care management and optimal outcomes.


Philips at HIMSS22


Visitors to Philips’ booth will be able to participate in two immersive experiences that showcase Philips’ connected care approach from pre-hospital to post-discharge, one in which they follow an arrythmia patient’s end-to-end connected care journey, and one highlighting the experience of a patient in critical condition.


Throughout the week, Philips will also spotlight news regarding the latest release of Philips Capsule Surveillance solution, as well as an update on Philips’ cybersecurity services. Philips will also host Philips Live! Forum sessions in its booth, featuring presentations from Philips executives, customers and industry leaders discussing the latest topics in health informatics including remote patient monitoring, virtual care, precision diagnostics, AI, interoperability, cybersecurity, cloud innovation and more. Philips thought leaders will also participate in various HIMSS executive sessions roundtables, general education and industry solution sessions. A complete list of presenters, topics, dates and times is available here.


Originally published at https://www.philips.com

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