Royal Philips and Bon Secours Mercy Health, BSMH, announced a multi-year strategic collaboration for patient monitoring. Putting BSMH clinicians in control, the collaboration will reduce the digital burden on staff and give them more time to spend with patients. The partnership provides access to the latest Philips monitoring innovations, including a scalable patient monitoring platform that integrates patient data and provides vital insights. It will standardize patient monitoring for BSMH’s 49 hospitals, reducing costs through a predictable payment model and enabling further reinvestment in innovation.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PHG:
- Bon Secours Mercy Health and Philips sign multi-year strategic collaboration
- Philips appoints Ling Liu as Chief Region Leader of Philips Greater China
- Philips price target raised to EUR 23.50 from EUR 22.24 at Morgan Stanley
- Philips Finalizes Share Cancellation Program
- Philips completes cancellation of 4.4 million shares