STOCK TITAN

Philips and University Hospital Brandenburg an der Havel sign 10-year partnership to advance patient care

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
partnership
Rhea-AI Summary

Royal Philips (NYSE: PHG) has entered a 10-year partnership with University Hospital Brandenburg an der Havel, valued at approximately EUR 18 million, to enhance its healthcare capabilities. This collaboration focuses on the supply of advanced diagnostic imaging solutions, including ultrasound and MRI, alongside the upgrading of hybrid operating rooms and interventional suites. The agreement also involves training and education for medical staff, aiming to improve patient outcomes and streamline operations.

Positive
  • EUR 18 million partnership with University Hospital Brandenburg enhances healthcare offerings.
  • Involves provision of advanced diagnostic imaging solutions and upgraded interventional suites.
  • Includes training programs to improve staff skills and patient care efficiency.
Negative
  • None.

January 28, 2022

  • Major German University Hospital secures long-term access to the latest health technology through renewal of diagnostic and image-guided therapy solutions
  • Philips to deliver new and upgraded hybrid operating room and interventional suites
  • Agreement includes training and education for hospital’s clinicians and medical technologists

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and the University Hospital Brandenburg an der Havel (Brandenburg, Germany) have signed a 10-year strategic partnership to renew and expand the hospital’s diagnostic and therapy options through the delivery of advanced technology solutions. The approximately EUR 18 million agreement includes the supply of diagnostic imaging solutions including ultrasound, MR and mobile X-ray, as well as image-guided therapy suites and patient monitoring solutions. The long-term cooperation will provide University Hospital Brandenburg an der Havel with optimum flexibility and a needs-based approach to technology selection and financing.

"We have decided to partner with Philips in order to ensure high-quality, economical medical care for the population of our region into the future," said Gabriele Wolter, Managing Director of University Hospital Brandenburg an der Havel. “Our joint activities will go well beyond device procurement and financing. There will be a uniform operating philosophy across devices and departments for renewal of our equipment inventory. In this way, we can speed up processes, minimize operating errors, and make its use easier throughout the clinic.”

With around 500 beds, University Hospital Brandenburg an der Havel provides specialist care both locally and nationally for around 26,000 inpatients and 48,000 ambulatory patients in 15 specialized clinics. With medical excellence, innovative therapies and interdisciplinary teams, more than 2,000 employees work toward a common goal: ensuring first-class treatment quality by linking teaching, research and patient care.

Advanced diagnostic and therapy options, together with a modern standardized equipment inventory, are an important part of the hospital’s development for the future. A significant strategic element of the agreement with Philips is enhancement of the hospital’s vascular and cardiology specialist services. This includes the upgrading of two existing interventional suites for cardiac and vascular procedures and installation of a new hybrid operating room equipped with Philips’ Image-Guided Therapy System - Azurion - for minimally-invasive interventions. Minimally invasive techniques offer significant benefits for healthcare systems and patients, including reduced patient trauma (less patient risk), shorter recovery times and hospital stays (faster patient throughput), and lower health care costs.

"The aim of our cooperation is to take a holistic approach to the design and organization of healthcare along the full treatment pathways in the hospital, with our top priorities being improving outcomes, enhancing the patient and staff experience, and reducing the cost of care," said Heiko Borwieck, Health Systems Sales Leader, Philips Germany.

Well-trained medical and nursing staff are an important part of comprehensive patient care. Philips’ ICARUS learning academy for medical and technical staff will be integrated into the hospital’s existing training and education program as part of the cooperation. Combining digital and face-to-face teaching methods, the platform will allow the hospital’s radiology team to be trained individually or in groups, independent of their location. The aim is to meet the daily challenges of the radiology workplace through the training of all employees so that the hospital can deliver a high-quality standard of care.

For further information, please contact:

Mark Groves
Philips Global Press Office
Tel: +31 631 639 916
Email: mark.groves@philips.com

Annette Halstrick
PR Manager Health Systems
Philips GmbH DACH
Phone: +49 152 2280 0529
Email: annette.halstrick@philips.com

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and well-being, 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 generated 2021 sales of EUR 17.2 billion and employs approximately 78,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

Attachment


FAQ

What is the value of Philips' partnership with University Hospital Brandenburg?

The partnership is valued at approximately EUR 18 million.

What technologies will Philips provide to University Hospital Brandenburg?

Philips will supply diagnostic imaging solutions, hybrid operating rooms, and interventional suites.

How long is the strategic partnership between Philips and the University Hospital Brandenburg?

The partnership is set to last for 10 years.

What is the purpose of the training included in the Philips and University Hospital Brandenburg agreement?

The training aims to enhance the skills of medical and nursing staff to improve patient care.

Which key focus areas are highlighted in the Philips partnership with University Hospital Brandenburg?

The partnership focuses on advanced diagnostic options, patient outcomes improvement, and operational efficiency.

KONINKLIJKE PHILIPS N.V.

NYSE:PHG

PHG Rankings

PHG Latest News

PHG Stock Data

24.03B
939.94M
6.96%
0.25%
Medical Devices
Healthcare
Link
United States of America
Amsterdam