Philips, Bon Secours Charity Health ink $180m, multi-year deal

Royal Philips (NYSE:PHG) and Westchester Medical Center Health Network’s Bon Secours Charity Health System said today that they signed a multi-year strategic partnership worth $180 million, aiming to transform healthcare delivery in New York’s Hudson Valley.

The deal builds on the 15-year, $500 million deal the Dutch company signed with Westchester back in 2015. The enterprise managed service deal with BSCHS calls for Philips to provide imaging systems, patient monitoring, telehealth and clinical informatics solutions, plus a “comprehensive range” of clinical and business services.

“As part of a regional health system, we want to increase standardization, connectivity and optimization of our technology resources, while still having the flexibility to invest in the innovations we need to support healthier communities,” BSCHS CEO Dr. Mary Leahy said in prepared remarks. “By collaborating with partners like Philips, we can go beyond providing diagnosis and treatment and work on proactive health management such as healthy living and prevention, building health in our communities. Together, we can transform healthcare, creating integrated solutions and patient care models, while providing exceptional, compassionate care for all those we serve.”

“In order to improve people’s lives, we need to work closely with forward-thinking organizations like BSCHS to break the cycle of reactive care and focus on proactive population health management, with innovative technologies and care delivery solutions that empower people to be actively engaged in their personal health,” added Philips North America CEO Brent Shafer. “It is no longer good enough to treat people within the clinical setting when they are ill; health systems need a dedicated partner that can bring not just technology, but also deep healthcare and consumer expertise, resources and solutions that will help accelerate the transformation of their organization and ecosystem. Our partnership with BSCHS reinforces our leadership in long-term, strategic collaborations, while allowing them to expand access to quality care, manage costs and share risk. Ultimately, this will allow them to focus on their primary mission: delivering quality care and building health for the people in their communities.”

New York’s Bon Secours network includes Good Samaritan Hospital in Suffern, Bon Secours Community Hospital in Port Jervis, the St. Anthony Community Hospital in Warwick and long-term care facilities and other services, according to a press release.

The post Philips, Bon Secours Charity Health ink $180m, multi-year deal appeared first on MassDevice.

from MassDevice http://ift.tt/2k6fc0l