Philips expands its radiology solutions offering with advanced teleradiology services
March 25 2019 - 3:30AM
Philips expands its radiology solutions offering with advanced
teleradiology services
March 25, 2019
Amsterdam, the Netherlands – Royal Philips
(NYSE: PHG, AEX: PHIA), a global leader in health technology, today
announced that it is expanding its radiology solutions portfolio
with innovative teleradiology services, aimed at addressing the
increasing shortage of radiologists, as well as the pressing need
to improve access to precision diagnoses. Philips’ new telehealth
services will build on its cloud-based radiology informatics
portfolio of Picture Archiving and Communication Systems (PACS) and
Vendor Neutral Archive (VNA) solutions, combined with advanced
analytics, visualization and workflow applications, to now also
include advanced teleradiology viewing and reporting capabilities,
on-call radiologist services, and related exam workflow enhancement
applications.
Teleradiology involves the remote interpretation of patient
images from medical imaging exams, such as CT, MR, and X-ray exams,
by radiologists without needing them to be in the same location as
the patient. It includes remotely storing, retrieving, viewing and
analyzing medical images by clinical experts anywhere, so that
patients can receive optimal treatment via their local caregivers,
wherever they are. The global teleradiology market is among the
fastest growing segments in the radiology and the clinical services
outsourcing market, and is expected to be a sizable part of the
imaging interpretation market within the next few years.
“As health systems worldwide struggle with the ever increasing
costs and shortage of care providers, teleradiology will be a key
enabler to optimally use the available resources, and support
radiology departments to improve the speed and accuracy of image
interpretation,” said Sham Sokka, business leader of Radiology
Solutions at Philips. "We see imaging as a system and deliver
innovation to support the needs of all the people behind the images
by seamlessly integrating technology and data. Our new
teleradiology services address a pressing need, while providing a
strong platform for Philips’ future growth in the telehealth
market.”
Philips already provides the IT infrastructure for advanced
telehealth solutions to improve collaboration among clinical care
teams, and HealthSuite Digital Platform, a digital framework that
connects consumers, patients and healthcare providers in a
cloud-based ecosystem of devices, apps and tools.
Philips’ new teleradiology services build on the recent
acquisition of the teleradiology platform of US-based Direct
Radiology [1], that Philips plans to scale to support radiologists
globally. This complements Philips’ organic innovation initiatives
to expand its Radiology Solutions portfolio. The Direct Radiology
business currently provides services for more than 300 hospitals,
imaging centers, mobile imaging services, and doctors’ offices
across the US.
[1] Philips has acquired Direct Radiology’s
teleradiology platform and business operations, including its
employees. The medical practice part of Direct Radiology (the
independent contractors physician group) will continue to operate
independently through managed service agreements.
For further information, please
contact:
Steve KlinkPhilips Group Press OfficeTel.: +31 6 1088
8824E-mail: steve.klink@philips.com
Ksenija Gonciarenko Philips Investor RelationsTel.: +31 20
5977055E-mail: ksenija.gonciarenko@philips.com
About Royal PhilipsRoyal 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 generated 2018 sales of EUR 18.1 billion and
employs approximately 77,000 employees with sales and services in
more than 100 countries. News about Philips can be found at
www.philips.com/newscenter.
Forward-looking statements This release
contains certain forward-looking statements with respect to the
financial condition, results of operations and business of Philips
and certain of the plans and objectives of Philips with respect to
these items. Examples of forward-looking statements include
statements made about the strategy, estimates of sales growth,
future EBITA, future developments in Philips’ organic business and
the completion of acquisitions and divestments. By their nature,
these statements involve risk and uncertainty because they relate
to future events and circumstances and there are many factors that
could cause actual results and developments to differ materially
from those expressed or implied by these statements.
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