Philips signs two 20-year strategic partnership agreements in New South Wales for medical imaging solutions
Illawarra Shoalhaven Local Health District and Nepean Blue Mountains Local Health District engage Philips in long-term managed equipment services agreements
Partnerships to support nine hospital sites across New South Wales in lifecycle management, financing, maintenance and performance optimisation for all major imaging solutions
Agreements mark first-of-its-kind service delivery model for Philips in Australia and the ASEAN Pacific region
Sydney, Australia and Amsterdam, the Netherlands – Royal Philips(NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced it has entered into two 20-year strategic partnership agreements for Managed Equipment Services with Illawarra Shoalhaven Local Health District and Nepean Blue Mountains Local Health District in New South Wales. Under the terms of the two agreements, Philips will provide delivery, upgrade, optimisation, replacement and maintenance services for all major medical imaging solutions. The partnerships will support precision diagnosis and therapy and drive operational performance across nine hospital sites. This managed service delivery model for medical imaging technology is the first-of-its-kind for Philips in Australia and the ASEAN Pacific region.
Philips will structurally manage the Local Health Districts’ entire inventory of diagnostic and interventional medical imaging equipment and clinical informatics solutions, including those of other vendors, across various clinical areas including radiology, cardiology and nuclear medicine. It will also provide financing services. Through the partnerships, Philips will help to deliver on the core objectives of each Local Health District: enhancing the patient experience, managing population health, and maintaining responsible and predictable budget management to deliver the right care, in the right place, at the right time.
These long-term strategic agreements will allow us to innately support our partners’ objectives of providing outstanding, innovative and future-proofed healthcare to their communities, by making them better informed, more efficient and more sustainable.
CEO Philips ASEAN Pacific.
“This first-of-its-kind service delivery model for Philips in Australia highlights how we are transitioning to becoming an integrated solutions and services provider that teams up in a shared framework to accelerate change in a new era of value-driven care."
As part of the collaboration, Philips will also support the two Local Health Districts with its integrated data analytics solution, PerformanceBridge Practice. This service aggregates and connects data from across different imaging modalities and information systems and provides actionable insights into departmental operations to help drive continuous improvement. Next to this, each Local Health District will be able to monitor and optimise radiation exposure to both patients and their caregivers with DoseWise Portal, a radiation dose management solution.
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 2016 sales of EUR 17.4 billion and employs approximately 70,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.
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