December 4, 2019
- Collaboration will help support independent living for
high-acuity seniors by providing 24/7 access to care
- Philips’ remote patient monitoring capabilities will be
utilized to help Humana care managers deliver interventions for
their members with congestive heart failure
Amsterdam, the Netherlands –
Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health
technology, today announced a collaboration with Humana Inc. (NYSE:
HUM), one of the leading health and well-being companies in the
U.S., to help improve care and health outcomes for select high-risk
Medicare Advantage members. Through an integrated approach, Humana
has implemented two programs that leverage Philips’ medical alert
services and remote member monitoring (RMM) solutions to actively
monitor at-risk Medicare Advantage members, encourage more timely
interventions and improve care delivery.
“Our goal is to continue to find ways to help our Medicare
Advantage members stay longer and safer in their homes,” said Susan
Diamond, Humana’s Home Business Segment President. “We believe our
work with Philips will help offer our members and their caregivers
more in-home support and help them to stay engaged and focused on
prevention.”
In the face of rising healthcare costs, payers are increasingly
realizing the value of population health management, and seeking
partnerships with proven experts in the space to help identify
vulnerable populations to deliver meaningful insights into patient
conditions. Philips connected care solutions will help Humana
provide a seamless care experience by connecting services,
analytics and devices to help increase patient engagement and
access to care. Leveraging Philips’ established solutions, Humana’s
care teams can have line-of-sight into members’ wellbeing to help
proactively deliver appropriate interventions.
“Forward-thinking companies like Humana are realizing how
deploying population health management can enable the industry to
influence high-risk, high-cost populations at scale to help them
lead healthier lives,” said Carla Kriwet, Chief Business Leader
Connected Care, Philips. “As the industry moves beyond traditional
care delivery in the hospital to health delivery that starts and
ends in the home, Philips’ population health management solutions
can enable strong collaboration between care recipients, providers
and payers, connecting care and empowering patients.”
Enabling timely, seamless care for seniors
Humana is identifying members who are at-risk and offering them
Philips Lifeline medical alert service, including AutoAlert,
Lifeline’s proven fall detection technology, supported by Philips
CareSage predictive analytics. Early referrals of patients with
chronic conditions, and those at risk of falls, can help enable
timely care and interventions, while simultaneously improving
clinical outcomes [1]. By providing seniors with 24/7 remote access
to trained care specialists who can dispatch the right kind of
help, this program will help support Humana’s at-risk Medicare
Advantage members in their wish to age-in-place. It can also help
reduce unnecessary and costly hospital readmissions [2] which in
turn can help lead to overall improved patient experience, higher
quality of care and more efficient resource utilization. Philips
Lifeline is available on select Humana Medicare Advantage plans
offered nationwide.
Research shows 57% of Medicare patients are released from the
hospital without any direct monitoring by a healthcare
professional, contributing to an annual cost of unnecessary
readmissions of $17 billion for Medicare patients alone [3].
Philips CareSage predictive analytics, which collects and analyzes
data from multiple sources including Philips Lifeline, provides
care teams with a line-of-sight into seniors’ wellbeing upon
discharge when the risk of readmission is high. By identifying
patients who are at risk for emergency transport in an upcoming
30-day period, predictive analytics can help identify early
intervention opportunities and thereby enable the delivery of
proactive care to help reduce avoidable emergency admissions.
Activating connected care for CHF
patients The lack of touchpoints with congestive
heart failure (CHF) patients outside of a traditional healthcare
environment makes managing these members difficult, creating a
barrier to timely and effective interventions, and contributing to
the $30 billion CHF patients cost the industry nationwide each year
[4]. Through the Philips collaboration, Humana has deployed Philips
remote member monitoring solution and its connected measurement
devices to select CHF members, allowing care managers to monitor
and understand meaningful changes in a member’s condition. By
giving these members access to advanced virtual care, Philips will
empower CHF patients to actively monitor their health from the
comfort of their own home.
Humana is identifying a pilot group of members with severe CHF.
Philips is providing members with kits that include an interactive
tablet that syncs data from connected measurement devices via
wireless technology. These devices, including a weight scale, blood
pressure monitor and pulse oximeter, allow members to self-manage
their condition, and share health information with their care
manager daily. This data will be utilized to support Humana care
teams in making informed and proactive care decisions with the
pilot group in an effort to help to reduce unnecessary
readmissions.
Philips Lifeline and Philips’ remote monitoring offerings are
part of the company’s broader Population Health Management
portfolio, which provides a comprehensive and proactive healthcare
delivery strategy to build connected populations for ongoing care.
Philips’ innovative care pathway solutions intertwine services,
analytics and devices, leveraging consumer and care experience, to
help drive improved enrollment, patient compliance and quality
outcomes.
[1] Op den Buijs J, Simons M, Golas S, Fischer N, Felsted J,
Schertzer L, Agboola S, Kvedar J, Jethwani K. “Predictive Modeling
of 30-Day Emergency Hospital Transport of Patients Using a Personal
Emergency Response System: Prognostic Retrospective Study.” JMIR
Med Inform. 2018 Nov; 6(4):e49[2] Ibid.[3] Center for Health
Information and Analysis. “Performance of the Massachusetts Health
Care System Series: A Focus on Provider Quality.” 2015 Jan[4]
Heidenreich PA, Trogdon JG, Khavjou OA, Butler J, et
al. “Forecasting the future of cardiovascular disease in the
United States: a policy statement from the American Heart
Association.” Circulation. 2011;123(8):933–44
For further information, please contact:
Kathy O’ReillyPhilips Global Press OfficeTel.: +1
978-221-8919E-mail : kathy.oreilly@philips.comTwitter:
@kathyoreilly
Silvie CasanovaPhilips North AmericaTel: +1
781-879-0692E-mail : silvie.casanova@philips.com
Nancy A. HanewinckelHumana Corporate
Communications941.585.4763nhanwinckel1@humana.com
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 generated 2018
sales of EUR 18.1 billion and employs approximately 80,000
employees with sales and services in more than 100 countries. News
about Philips can be found at www.philips.com/newscenter.
About Humana
Humana Inc. is committed to helping our millions of medical and
specialty members achieve their best health. Our successful history
in care delivery and health plan administration is helping us
create a new kind of integrated care with the power to improve
health and well-being and lower costs. Our efforts are leading to a
better quality of life for people with Medicare, families,
individuals, military service personnel, and communities at
large.
To accomplish that, we support physicians and other health care
professionals as they work to deliver the right care in the right
place for their patients, our members. Our range of clinical
capabilities, resources and tools – such as in-home care,
behavioral health, pharmacy services, data analytics and wellness
solutions – combine to produce a simplified experience with the
goal of making health care easier to navigate and more effective.
More information regarding Humana is available to investors via the
Investor Relations page of the company’s website
at humana.com.
- Albert_Tablet
- Blood Pressure Cuff
- Lifestyle_Family
Koninklijke Philips NV (NYSE:PHG)
Historical Stock Chart
From Aug 2024 to Sep 2024
Koninklijke Philips NV (NYSE:PHG)
Historical Stock Chart
From Sep 2023 to Sep 2024