What You Should Know: - Royal Philips, a global leader in health technology, has announced the interoperability of Philips Capsule Medical Device Information Platform (MDIP) with Philips Patient Information Center iX (PIC iX), providing hospitals with a first-of-its-kind, comprehensive patient overview. - Interoperability between MDIP and PIC iX gives clinicians a new clinical perspective that enables the capture of streaming data flowing freely from a variety of medical device
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Philips | News, Analysis, Insights - HIT Consultant
Philips Reaches US Economic Loss Resolution for Respiratory Device Recall
What You Should Know: - Philips Respironics, has reached an agreement to resolve all economic loss claims in the US Multidistrict Litigation (MDL) related to Philips Respironics’ voluntary recall of certain sleep and respiratory care devices. - The agreement will provide predefined cash awards to all eligible participants in the US depending on the type of device, extended warranties on all replacement devices, and an additional cash award if they return the recalled device
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Philips & DoD Ink $10M Deal for AI-Wearable Disease Detection
What You Should Know: The Department of Defense and Philips announced a $10M award to expand the readiness of our service members with the Rapid Assessment of Threat Exposure (RATE) AI wellness tool.The first group in this new cohort are theAir Force First Sergeants, who are responsible for overall squadron health and wellness.RATE is an AI algorithm, trained on clinical data from hospital-acquired infections to work with any off-the-shelf wearable to detect possible infection, acting
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Philips HealthSuite Imaging PACS Now Available on AWS
What You Should Know: Market-leading Philips PACS is now available on AWS for industry-leading availability, reliability, security, and AI-supported workflow enhancements.Expansion of the collaboration with AWS will support the development and deployment of generative AI applications that further support efficient clinical workflows and enhance diagnostic capabilities. Market-leading Philips PACS is now available on AWS for industry-leading availability, reliability, security, and
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Northwell Health Inks 7-Year Deal with Philips for Patient Monitoring
What You Should Know: - Today, Northwell Health announced the 7-year agreement with Philips, which will allow the healthcare system to standardize patient monitoring, enhance patient care and improve patient outcomes while driving interoperability and data innovation. This system will allow Northwell to make use of innovative technologies as they evolve and give them the flexibility to scale their patient monitoring seamlessly in tandem with those new systems. - This agreement
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Is Education is the Catalyst to Increased Adoption of Handheld Ultrasound?
Handheld ultrasound has not yet reached mainstream adoption but the market is still forecast to reach over $500 million by 2026. Signify Research’s newly published Handheld Ultrasound Deep Dive Report 2022 shows that market revenues are estimated to have grown by approximately 30% in 2021, driven by strong growth in the US, the biggest market for handheld ultrasound. Despite the global challenges for handheld ultrasound vendors in 2022, such as rising inflation and supply chain disruptions, the
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The Quickening Pulse of the Ambulatory Diagnostic Cardiology Market
The Global Ambulatory Diagnostic Cardiology Market is evolving at a rapid pace, driven by technological developments, and shifting models of healthcare service delivery and funding. The overall market will grow from $2.5 billion in 2021, to $3.3 billion by 2026, with Long-Term ECG and, to a lesser extent, Mobile Cardiac Telemetry (MCT), being the principal engines of growth. Unsurprisingly, these two markets are garnering serious attention from large incumbent vendors in the more established
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Unintended Bias in AI-Driven Healthcare Applications
What You Should Know: - Over the past few years, Artificial Intelligence (AI), and more specifically, Machine Learning (ML) technology, have experienced rapid adoption in the healthcare space as tools for diagnosis and decision-making. Such tools are intended to address challenges in the healthcare system to both processes and put into practice the proliferating medical findings, and also to support delivery of the promise of personalized and precision medicine. - Unintended bias in AI and
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39 Organizations Sign Global Heath Equity Pledge to Advance Health Equity Globally
What You Should Know: - Today, World Economic Forum announced that 39 organizations have signed the Global Health Equity Network Zero Health Gaps Pledge. - The pledge includes 10 key commitments all signatories have made to embed health equity principles throughout their operations, workforce and guiding philosophies. It marks the beginning of an historic journey to making health equity an integral part of business strategies globally and an important step towards a world without health
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KLAS Enterprise Imaging 2022: Which Vendors Are Delivering?
What You Should Know: - Many healthcare organizations are working to expand and mature their enterprise imaging (EI) strategies to bring together more facilities and service lines. At the same time, both vendors and healthcare organizations are experiencing staffing and budget constraints, leading to a host of financial and operational difficulties. In this environment, some vendors are surmounting challenges and providing the partnership and innovation customers need, while others are
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