• Accelerating co-development of technology & care delivery for a rapidly evolving healthcare market, the partnership aims to deliver solutions to help make a meaningful impact in patient health
• Clinical transformation includes fully integrated end-to-end approach in Imaging, patient monitoring and telehealth to enhance care across the health continuum

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) a leading health technology company, and Arizona-based Banner Health, today announced a multi-year partnership intended to further innovate and expand on their successful joint connected healthcare programs such as the Intensive Ambulatory Care (IAC) pilot and telehealth programs. The two organizations will collaborate, leveraging Philips’ knowledge and research in connected care and population health management (PHM) and Banner’s deep clinical and operational insights to identify and deliver integrated solutions that are intended to improve the health of Banner’s patients. At the same time, the partnership will look to create best practices that enable Banner to improve the patient experience and, ultimately, transform healthcare for patients across the Southwest.

Headquartered in Phoenix, Banner Health is one of the largest, nonprofit health care systems in the United States, managing 28 acute care hospitals, the Banner Health Network and Banner Medical Group, long-term care centers, outpatient surgery centers and an array of other services including family clinics, home care and hospice services, and a nursing registry. Banner Health operates in six states, including Arizona, California, Colorado, Nebraska, Nevada and Wyoming.

As part of the agreement, Banner and Philips will create a governance structure that will allow both organizations to identify solution delivery projects and innovative technologies that can help improve the patient experience and outcomes. Banner and Philips are committed to driving innovation in health management and intend to look at how the healthcare network can take a more connected approach around health spaces such as cardiology by incorporating advanced imaging and interventional technologies, genomics, digital pathology, and data analytic. In addition, it is anticipated that the partnership will evaluate innovative services and business models that may enable Banner to adopt the latest in healthcare technologies, regardless of vendor, in order to deliver on their mission to make a difference in people’s lives through quality patient care.

The agreement will also give Banner access to Philips solutions such as ‘PerformanceBridge Practice,’ which is a radiology practice management solution, in order to help drive operational efficiencies in the health network’s extensive inpatient and outpatient imaging capabilities. This new, value-based radiology toolset, delivered by Philips’ Radiology Solutions business, can help improve operational performance across the Banner enterprise. The program involves a phased approach that is designed to: 1) understand and benchmark current imaging performance, 2) optimize performance to improve efficiency, clinical quality and patient experience, and 3) facilitate delivery of appropriate and sustainable imaging to improve management of at-risk patients, optimize access, and retain patients within target markets.

“We have always taken a long-term view of our business, and realized very early on that the current healthcare system was not sustainable,” said Peter Fine, President and CEO of Banner Health. “With legislation driving reform, we knew that we needed to manage population health and essentially keep people healthy and out of the system to reduce costs, while ensuring better patient outcomes.” Fine added: “If we are to make a difference in patient’s lives, we need to work collaboratively with innovative technology partners such as Philips.”

Building on a successful pilot study to demonstrate how telehealth solutions can support connected health initiatives and better manage care for patients with multiple chronic conditions, earlier this week, Philips and Banner Health announced results [1] showing significant decreases in both patient healthcare costs and hospitalization rates. As part of the overall telehealth program at Banner, the IAC pilot program treats patients with complex medical situations due to multiple chronic conditions. Across the nation, these types of patients generate 50 percent of overall healthcare spend [2]. The results of this latest cost analysis reveal that the initial benefits for Banner from Philips’ IAC program have been expanded upon, increasing the rate of improvement in reducing hospitalizations, readmissions and healthcare costs, and ultimately, improving patient outcomes overall.

“As a dedicated partner with deep industry expertise and technology solutions that are co-developed with leading healthcare networks such as Banner, we are accelerating the transformation of healthcare through proven health management programs,” said Brent Shafer CEO of Philips North America. “Our long-standing collaboration with Banner has shown that keeping people healthy and empowering them to take a more active role in their care, allows health systems to expand access, manage costs and improve outcomes.”

Banner is the latest healthcare network to sign a long-term, strategic partnership model with Philips. To date, Philips has signed six long-term, strategic partnerships in North America including Augusta University Health (15-year term), Westchester Medical Center Health Network (15-year term), Mackenzie Health (18-year term), Marin General Hospital (15-year term), and the Medical University of South Carolina Health (8-year term). Globally, Philips has a substantial number of long-term strategic partnerships in place, demonstrating significant productivity improvements for pioneering Philips partners, including Royal Belfast and Ashford St. Peters, and the New Karolinska Solna (NKS) hospital in Sweden.

[1] Dahl, D., Khurana MD, H. (2015). Impact of an intensive ambulatory program on both financial and clinical outcomes in Banner Health, revisit the initial cohort with extended follow-up. Unpublished internal study.
[2] Department of Health and Human Services, AHRQ, The Concentration and Persistence in the Level of Health Expenditures over Time: Estimates for the U.S. Population, 2008-2009.

AND
Philips and Bon Secours Charity Health System announce USD 180 million, long-term strategic partnership to support transformation of patient care and build healthier communities

• Philips to support Bon Secours Charity Health System, a member of the Valhalla, NY-based Westchester Medical Center Health Network, through innovative medical technologies
• Partnership gives Bon Secours Charity Health System access to industry-leading Philips solutions to support their goals of expanding access to quality care & building healthier communities through population health management
• Agreement is an adjunct to the existing 15-year, USD 500 million partnership between the Westchester Medical Center Health Network and Philips which started in 2015
• The Bon Secours Charity Health System-Philips partnership to focus on radiology, cardiology, neurology and pediatrics

Andover, Mass. and Suffern, NY – Royal Philips (NYSE: PHG, AEX: PHIA) and Bon Secours Charity Health System (BSCHS), a member of the Westchester Medical Center Health Network (WMCHealth), today announced a multi-year, strategic partnership agreement with a total potential value of USD 180 million. The agreement will make Philips solutions available to BSCHS in support of their goal to transform the delivery of healthcare to the residents of New York’s Hudson Valley, including population health programs that can improve care and help build healthier communities.

The partnership, which is based on an enterprise managed services model, will provide BSCHS with advanced medical technologies such as imaging systems, patient monitoring, telehealth and clinical informatics solutions and a comprehensive range of clinical and business consulting services. Additionally, the collaboration will help BSCHS deliver on its mission of being the leading provider of community health services, with a focus on redefining how quality care is delivered in areas such as radiology, cardiology, neurology and pediatrics. Hospitals and health systems with similar long-term strategic partnerships are seeing a significant reduction in technology and service spending, while enhancing productivity, optimizing performance and improving clinical quality.

“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,” said Mary Leahy, MD, CEO of Bon Secours Charity Health System. “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.”

The partnership between Philips and BSCHS builds on the existing 15-year, USD 500 million relationship between Philips and WMCHealth which started in 2015.Through the agreement, BSCHS will work with Philips to optimize standardization, workflow, and medical technology deployment. With early and ongoing access to the latest Philips innovations in healthcare technology and established best practices, BSCHS should be able to further optimize its operational effectiveness.

BSCHS consists of Good Samaritan Hospital in Suffern, New York; Bon Secours Community Hospital in Port Jervis, New York and St. Anthony Community Hospital in Warwick, New York, along with long-term care facilities and other services.

In September of 2016, WMCHealth and BSCHS announced an investment of USD 40+ million in
Bon Secours Community Hospital and the Port Jervis area that is expected to transform healthcare delivery in the region, with an expanded emergency room, upgraded imaging center and the conversion of 36 medical/surgical rooms from semi-private to private for increased patient comfort and privacy. Additionally, working with local partners, Bon Secours Community Hospital will become the centerpiece of a “medical village” that will bring together services key in nurturing a healthier community. Through this agreement, Philips is expected to play a key role in the redevelopment and renovation of Bon Secours Community Hospital.

BSCHS joins other North American organizations such as Augusta University Health (15-year term), Mackenzie Health (18-year term), Marin General Hospital (15-year term) Medical University of South Carolina (8-year term) and Banner Health (15-year term), as well established global partners including Royal Belfast and Ashford St. Peters, and the New Karolinska Solna (NKS) hospital in Sweden. These partnerships underscore Philips’ commitment to provide new solutions for hospitals and health systems, and highlight a growing trend in both U.S. and global healthcare toward strategic partnerships for creating long-term patient value.

“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,” said Brent Shafer, CEO of Philips North America. “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.”

For more information, visit bschs.bonsecours.com