Philips re-structures healthcare informatics business

27 February 2008

Royal Philips Electronics (NYSE: PHG; AEX: PHI) has restructured its healthcare informatics businesses to include its entire portfolio of clinical information solutions, including patient monitoring, enterprise and clinical image management, anaesthesia information, women’s health information, and cardiology information systems.

The realignment will allow Philips to meet the clinical workflow and information needs demanded by its clinical customers. At the same time, this allows Philips to harmonize clinical systems with the infrastructure and integration needs required by informatics customers.

It takes account of developments in patient monitoring, which is evolving from reactive displays of vital-sign information to providing rich clinical decision-support solutions that are predictive and preventative.

These solutions must provide value to clinical customers while seamlessly integrating to the healthcare institution’s infrastructure and electronic health record (EHR).

“Integrating Patient Monitoring into Healthcare Informatics enables us to find synergies between our software competencies and monitoring solutions recently strengthened by the acquisitions of XIMIS, Emergin and VISICU,” said Oran Muduroglu, CEO, Healthcare Informatics, for Philips Healthcare.

“Philips’ innovation in IT simplifies workflow and provides easy access to all relevant information for more informed diagnosis and decision-making. By better managing the flow of data through the continuum of care, healthcare organizations can significantly impact operations and focus more effort on their core business: taking care of patients.”

Philips is committed to developing solutions that help users across the healthcare system effectively manage and analyze the vast amount of patient data generated by diagnostic imaging systems, cardiac testing equipment and patient monitors.

Clinicians need an easy way to access this important information when and where they need it in order to provide the highest level of care to patients. These systems can maximize operational efficiency if patient information feeds seamlessly into a hospital’s overall information system, as well as the patient’s EHR.

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