Koninklijke Philips N.V.
Below you will find information from the register publication of inside information. The information has been provided by the organisation.
Registration date
27 nov 2009 - 15:01
Statutory name
Koninklijke Philips N.V.
Title
Philips helps hospitals strike balance between innovation and value
Comments
November 27, 2009
PHILIPS HELPS HOSPITALS STRIKE BALANCE BETWEEN INNOVATION AND VALUE
Responding directly to customer concerns, Philips’ latest healthcare solutions address financial needs by leveraging innovation
Chicago, USA – At the upcoming Radiological Society of North America (RSNA) annual meeting starting Sunday, Royal Philips Electronics (NYSE: PHG, AEX: PHI) will demonstrate a new range of healthcare imaging and informatics solutions designed to directly address the priorities of patients and care providers, by delivering meaningful imaging innovations that reflect a desire for value, modular price points and easy upgradability. This focus will enable Philips to provide continued access to advanced technology despite pressures on providers, thereby reaffirming its commitment to put patients and clinicians first.
The economic downturn is forcing hospitals to reevaluate their equipment priorities: The American Hospital Association reports that 9 of 10 hospitals are cutting back in response to the marked deterioration in the economy, and 7 in 10 hospitals say declining overall financial health will affect their ability to care for their communities.*
Upgradability, value and overall lower cost of ownership are the cornerstones of the new solutions, which cover Magnetic Resonance (MR), Computed Tomography (CT) and X-ray among others. Additionally, Philips Customer Services and its Healthcare Informatics (HI) business will play an increasing role in assisting hospitals to further drive efficiency gains from their investments. The result is new, advanced healthcare technologies that will deliver greater benefit to the patient and clinician alike.
“With hospitals more closely scrutinizing their equipment purchases and the business justification for them, Philips has focused on developing innovations that expand clinical capabilities, increase productivity and deliver value to our customers feeling the pinch of the financial recession and credit crisi
Date last update: 19 July 2025