AMSTERDAM, March 1, 2018 /PRNewswire/ -- Featuring new and enhanced intelligent connected health solutions at the 2018 HIMSS Conference & Exhibition (HIMSS18), Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, will showcase a broad range of population health management, clinical informatics, cloud-based technology and advanced monitoring analytics solutions to help enhance decision support, improve clinical performance, and drive operational efficiency.
The amount and quality of data available to support clinical decisions is exploding, but data is trapped in silos throughout the hospital enterprise. With health care costs escalating and reimbursements declining, hospital IT leaders are further challenged with ongoing consolidation that creates fragmented IT systems. EHR (electronic health record) implementation and interoperability challenges require seamless cross-system data sharing and collaboration to support clinicians and improve clinical workflow.
Philips has enhanced its deep healthcare informatics portfolio with its most recent acquisition of Forcare, a leader in open-standards-based interoperability software solutions, providing seamless and secure data integration across multiple hospital systems and care settings. Combined with Philips IntelliSpace Enterprise Edition – a full suite of interoperable healthcare informatics applications and services for hospitals and integrated health networks – Philips is helping to meet the evolving challenges of budget constraints and the management, interoperability, security and value maximization of health data and IT platforms.
At the same time, as care moves from the hospital to lower cost settings, including the home, a proactive approach to acute care and precisions diagnostics is needed to help improve health and reduce costs for entire patient populations. With the acquisition of VitalHealth, a leading provider of cloud-based population health management solutions for the delivery of personalized care outside the hospital, Philips has expanded its Population Health Management portfolio with advanced capabilities to manage chronic disease care pathways across multiple settings and disciplines, while actively tracking patient-reported outcomes.
"Philips' deep expertise in healthcare information technology, including AI, combined with insights gained from our strong customer relationships, uniquely positions us to unlock the collective intelligence and insights across departments within the hospital to deliver the right information at the right time to clinicians," said Carla Kriwet, CEO, Connected Care and Health Informatics, Philips. "At the core of our HIMSS presence this year is our adaptive intelligence approach and open architecture technologies to help improve interoperability and to enable superior data-driven clinical decisions, improve staff and equipment productivity and drive better patient outcomes and engagement."
Philips showcases commitment to deliver the goal of more seamless care
Philips will introduce and spotlight integrated technologies empowering data-driven clinical decisions to deliver value-based care in hospital and ambulatory settings. Intelligent technologies help improve interoperability to optimize care pathways, workflows and asset management across key areas including:
Integration, interoperability, IoT and AI – both in the cloud and on-premise – help optimize care pathways, workflows and system utilization, which are critical to operational, clinical and financial efficiency. Philips solutions across key areas include:
Executives Discuss Key Themes Facing Industry
Philips customers, executives and industry thought leaders will lead conversations on the latest health IT solutions throughout the event in the Philips Booth. Participants, including Nicholas Thompson, editor in chief of WIRED, will discuss topics ranging from the digital disruption in consumer healthcare, to the smart hospital of the future, to AI and machine learning. Details of speakers and session topics can be found at: www.philips.com/himss.
Philips will have a significant presence in key areas at HIMSS including the Industry Solutions Showcase, where Philips Wellcentive and MGM Resorts International will discuss the topic of "Managing Your Entire Population to Avoid Value-Based Failure." Philips will also present in the AI & Machine Learning Showcase, featuring Roy Smythe, Chief Medical Officer, Strategy & Partnerships at Philips who will discuss the "Perpetual Global Clinical Trial." The full schedule is available at: www.philips.com/himss.
Beyond the show floor, Philips executives will participate in the HX360™ forum co-located at HIMSS18, featuring:
For more information on Philips' full suite of intelligent and integrated solutions in health IT management, visit booth #3812 at the 2018 Annual HIMSS Conference & Exhibition taking place March 5-9 at the Sands Expo in Las Vegas, NV. For updates on Philips' presence at HIMSS, follow @PhilipsLiveFrom and visit www.philips.com/himss.
 Muir D. Medication dispensing system: emergency room & acute hospital admissions. Fraser Health; 2013.
 Results from case studies are not predictive of results in other cases. Results in other cases may vary.
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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' health technology portfolio generated 2017 sales of EUR 17.8 billion and employs approximately 74,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.
SOURCE Royal Philips