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Philips Acquires Wellcentive

AMSTERDAM–(BUSINESS WIRE)–Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it has signed an agreement to acquire Wellcentive, a leading US-based provider of population health management software solutions. Financial details of the transaction will not be disclosed.

In population health management, Philips already offers enterprise telehealth, home monitoring, personal emergency response systems (PERS) and personal health services that address multiple groups within a population from intensive ambulatory care for high-risk patients to prevention and personal health programs for the general population. Wellcentive complements Philips’ portfolio with cloud-based IT solutions to import, aggregate and analyze clinical, claims and financial data across hospital and health systems to help care providers deliver coordinated care that meets new healthcare quality requirements and reimbursement models.

Upon completion of the transaction, which is expected later today, Wellcentive and its employees will become part of the Population Health Management business group within Philips. Tom Zajac, CEO of Wellcentive and an experienced healthcare industry leader, will be appointed to lead this business group.

“With this strategic acquisition, we will strengthen our Population Health Management business and its leadership, as health systems gradually shift from volume to value-based care, and provide more preventative and chronic care services outside of the hospital,” said Jeroen Tas, Philips’ CEO Connected Care & Health Informatics. “Our sweet spot is at the point of care as we give consumers, patients, care teams and clinicians the tools, such as remote monitoring solutions and therapy devices, to optimize care. Wellcentive’s solutions will provide our customers with the ability to collect data from large populations, detect patterns, assess risks and then deploy care programs tailored to the needs of specific groups.”

“Over the past 11 years, the Wellcentive team has focused on delivering data-driven clinical, financial, and human outcomes for our customers as they provide care management for more than 30 million patients,” said Tom Zajac, CEO of Wellcentive. “Combining forces with Philips and its broad portfolio of health technologies and global reach will create a great foundation to accelerate growth in connected care – from healthy living and prevention, to diagnosis, treatment and home care – enabling consumers, providers and health organizations to benefit from our combined, stronger offering in population health management.”

Wellcentive’s applications will be integrated in the Philips HealthSuite cloud, the company’s digital enabler for the next generation of connected health solutions. One example of Philips’ existing care programs for population health management is the Intensive Ambulatory Care (eIAC) program: this combines telehealth technologies and population health management software to help care teams monitor and coach patients at home. It aims to improve patient outcomes, care team efficiency, and prevent patients from entering the hospital, where costs are significantly higher.

Founded in 2005 and headquartered in Atlanta, Georgia, Wellcentive employs approximately 115 employees. The company has a strong customer base in the US.

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. 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. Headquartered in the Netherlands, Philips’ health technology portfolio generated 2015 sales of EUR 16.8 billion and employs approximately 69,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

July 20, 2016 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Philips unveils clinical information technology solutions that drive quality, productivity and value at HIMSS 2013

Clinical IT@work solutions for supporting connected care in clinical decision support, interoperability, telehealth and mobility to be shown at Booth 1919

New Orleans, La., USA – At the 2013 Healthcare Information and Management Systems Society (HIMSS) Annual Conference and Exhibition, Royal Philips Electronics (NYSE: PHG, AEX: PHIA) is showcasing  its commitment to simplifying clinical workflow, reducing health care costs and improving patient care through its latest health information technology (IT) solutions as part of its robust Clinical IT@work approach.

Under the Clinical IT@work umbrella, Philips is at the forefront of health IT innovation to provide the solutions that connect care wherever it is needed—in or out of the hospital. These solutions are developed understanding the growing need for them to fit into healthcare providers’ clinical IT strategies and infrastructure.

Dramatic changes affecting healthcare are taking place worldwide, driving evolution in the traditional healthcare enterprise. The traditional inpatient-outpatient setting is shifting toward an extended care experience that continues when the patient leaves the hospital. This is creating the need for advanced clinical technology solutions that are not only focused on outcomes-based data but also span and support the continuum of care.

“Philips understands the pressures that hospitals face in providing quality, efficient care while reducing unnecessary health care spending, particularly here in the U.S. in the era of the federal health reform law,” said Mike Mancuso, Executive Vice President and CEO of Patient Care and Clinical Informatics, Philips Healthcare. “We address the needs of health care providers by developing interoperable clinical software solutions based on the latest standards that help them analyze patient data efficiently while our mobile and telehealth technologies are designed to improve efficiency and access to care.”

Philips’ approach to Clinical IT@work supports connected care for clinicians by focusing on four key areas: clinical decision support, interoperability, telehealth and mobility. Some of the enterprise software solutions that deliver on these key areas include:

–       IntelliSpace PACS Anywhere*: IntelliSpace PACS Anywhere is an image and report viewer based on Philips’ IntelliSpace PACS 4.4. IntelliSpace PACS 4.4 is a unique image management solution that allows any physician in the hospital to access full fidelity images within three seconds. The IntelliSpace PACS Anywhere viewer is designed to support remote users, or users requiring a solution that can be utilized on multiple platforms, such as laptops and mobile devices. It does not require installation of additional software and therefore will be an easy-to-use solution that expands physician access to patient information, images and reports for communication and collaboration.

–       Orb: Orb is a newly launched dashboard or “graphical census” within the IntelliSpace eCareManager 3.9 software – the essential technology behind Philips’ eICU program. Orb dynamically updates a patient’s status and serves as a real-time visual metaphor for complex clinical data. With orb, ICU clinicians can receive important patient information at a glance for faster prioritization, have oversight of a large number of patients, and target key physiologic areas of patient condition to define a care plan.

–       IntelliVue Mobile Caregiver**: The IntelliVue Mobile Caregiver app is a mobile application that will be available soon. It is expected to deliver near real-time data from Philips IntelliVue patient monitoring systems directly to the clinician’s smart phone or tablet. With this free mobile app, IntelliVue customers will be able to easily access patient monitoring information anywhere—in or out of the hospital, allowing them to more quickly make informed decisions on patient care.

–       AirStrip Technologies partnership: In order to advance its mobile solution capabilities and effectiveness, Philips is partnering with AirStrip Technologies, a leader in healthcare mobility solutions, to leverage AirStrip’s technology in Philips IntelliVue Information Center (PIIC) – a powerful, real-time central monitoring system that offers clinicians easy access to information.

March 1, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Providers Say Agfa Healthcare Has Room for Improvement as an Imaging Partner

OREM, Utah – Wednesday, February 20, 2013 – Agfa HealthCare’s stated core belief is centered around helping imaging providers succeed, yet a majority of  U.S. clients interviewed by KLAS report gaps in reaching desired results when using Agfa as a vendor. The reasons and other details can be found in the new KLAS vendor-specific report Agfa HealthCare Study 2013: Partnering with Agfa in 2013.

Throughout 2012, KLAS published a series of reports focused on imaging solutions. These reports, as well as discussions with providers, revealed that Agfa was losing client loyalty in some areas due to weak customer relations. In order to further understand this situation, KLAS launched a performance study to specifically evaluate Agfa. With the exception of x-ray equipment and speech recognition systems, Agfa receives second-tier scores across their suite of imaging solutions. However, as provider concerns grow around Agfa as a partner, there is a clear opportunity for Agfa-and other imaging vendors-to improve in helping their clients succeed.

Even with the challenges Agfa faces, they are showing early signs of success and leadership in several aspects of enterprise imaging. One of Agfa’s strengths is scaling IMPAX PACS in large, complex provider organizations. Scalability is an attribute that is important to some providers.

“This report is aimed not just at measuring how well Agfa is currently delivering synergistic solutions to their clients,” says Matt Terry, research director at KLAS and report author, “but its purpose is to also look into user perceptions and provider confidence in moving forward with Agfa.”

Other imaging vendors mentioned in this report include Merge Healthcare, McKesson, FUJIFILM, GE Healthcare, Philips, Carestream, and Siemens. To learn more about this vendor-specific report, the strategic imaging partners in the study, and the related reports published in 2012, providers and vendors can check out the full report, Agfa HealthCare Study 2013: Partnering with Agfa in 2013. This is a vendor-specific report and is available to healthcare providers at a significant discount. To purchase, visit www.KLASresearch.com/KLASreports.

About KLAS
KLAS is a research firm on a global mission to improve healthcare delivery by enabling providers to be heard and to be counted. Working with thousands of healthcare executives and clinicians, KLAS gathers data on software, services, medical equipment, and infrastructure systems to deliver timely reports, trends, and statistical overviews. The research directly represents the provider voice and acts as a catalyst for improving vendor performance. KLAS was founded in 1996, and KLAS’ staff and advisory board members average 25 years of healthcare information technology experience. For more information, go to www.KLASresearch.com, email marketing@KLASresearch.com, or call 1-800-920-4109 to speak with a KLAS representative. Follow KLAS on Twitter @KLASresearch.

February 18, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.