Philips Healthcare

Devices & Diagnostics, Health Tech Providers,
the screen of ventilator monitoring in operating room

How Philips Uses Monitoring Tech to Help Close Care Access Gaps

Philips is using its patient monitoring devices to help health systems deliver care more efficiently, especially in areas with specialist shortages. The company’s connected devices enable continuous monitoring from home to hospital and back, which can reduce diagnostic delays and improve patient safety, said Nick Wilson, Philps’ vice president of global marketing and product for ambulatory monitoring and diagnostics.

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Philips, MIT collaborate on ICU data sharing

Royal Philips and MIT announced an initiative that will allow healthcare researchers to access data on more than 100,000 patients, which has been collected by Phillips through its Hospital to Home eICU telehealth program. For researches, data sets are often limited to insurance claims data, which offers a summary of patient’s stay at a hospitals. […]

Devices & Diagnostics

Cardiocom acquisition shows Medtronic is serious about expanding from devices to data

When Medtronic announced its acquisition of Cardiocom  earlier this week,  it was a big (and loud) move in shaping the company’s “now we’re a healthcare service provider”  strategy. But Cardiocom  only makes $40 to $50 million in revenue, relatively small potatoes for a titan like Medtronic. What does this announcement mean, really, then?  “The importance […]

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Devices & Diagnostics

Philips secures Sectra’s mammography technology

Sectra (OMX:SECTB) announced that it sold its MicroDose mammography sector to Royal Philips Healthcare (NYSE:PHG) this week. Philips paid $82 million in cash up front, and the agreement includes room for $18 million more pending specially agreed terms and conditions. About 110 Sectra employees are expected to transfer with the business. “This is an excellent […]

Devices & Diagnostics

Philips Healthcare’s Cleveland imaging center gets FDA warning letter

Philips Healthcare‘s computed tomography and nuclear medicine headquarters in suburban Cleveland has received a warning letter from the U.S. Food and Drug Administration, primarily over quality control and record-keeping issues. The FDA listed 15 specific violations uncovered during inspections of Philips’s imaging center in Highland Heights, Ohio last year. For example, the company failed to […]

News

Third Frontier renewal tops Ohio biomedical highlights in 2010

Most people in Ohio's biomedical industry would've considered 2010 a good year if just one key thing happened -- voters renewed the state's $1.35 billion, 10-year Third Frontier program, which is designed to energize Ohio’s economy by investing in cutting-edge technology. It happened and heads up MedCity News' list of the biggest highlights of the year for Ohio's biomedical industry.