Philips to Provide Multi-Year USD 500 Million in Healthcare Services in the USA

Royal Philips (Amsterdam, the Netherlands) and the Westchester Medical Center Health Network (WMCHealth; Valhalla, NY, USA) have announced USD 500 million multi-year partnership.

Philips will provide enterprise managed services, including clinical and business consulting services, telehealth and clinical informatics solutions, imaging systems, and patient monitoring equipment. The partnership will include radiology, cardiology, pediatrics, neurology, and oncology services.

WMCHealth is becoming the largest integrated healthcare provider in the Hudson Valley, including a 1,500-bed health system in Valhalla, New York, USA, seven hospitals and campuses, and nearly 300 partner organizations.

CEO of Royal Philips, Frans van Houten, said, “With health systems facing increased pressure and more complex challenges than ever before, and patients starting to take a more active role in their care, we can no longer accept the status quo. Health systems need a dedicated partner that can bring not just technology, but also deep healthcare and consumer expertise, resources and solutions that will help accelerate the transformation of their organization and ecosystem. Our partnership with WMCHealth reinforces our leadership in long-term, strategic collaborations, allowing health systems to expand access `to quality care, manage costs and share risk. This allows them to focus on what matters most: delivering better care to the people in their communities.”

Related Links:
WMCHealth