Philips & The Health Management Academy Collaborate with Top U.S. Health Systems to Tackle Key Technology Issues: Population ...
February 16 2017 - 2:19PM
Business Wire
In effort to drive healthcare transformation, The Academy
Philips Innovation Institute to study delivery reform programs
& best practices
Philips and The Health Management Academy (The Academy) today
announced they would be teaming up for the next three years on an
educational initiative to launch The Academy Philips Innovation
Institute, which will allow executives from the nation’s leading
health systems to collaboratively study the effects of delivery
reform programs and help establish best practices. Moreover, as
part of The Academy Collaboratives (The Collaboratives), Philips
will act as a participant, bringing its expertise, insights and
best practices to foster dialog and brainstorming in support of
discussion by healthcare executives on the key challenges facing
U.S. health systems. These include discussions around population
health management (PHM), big data, cybersecurity, Medicare Access
and CHIP Reauthorization Act (MACRA) and consumerization.
The Academy Philips Innovation Institute is the latest Philips
effort to drive healthcare transformation, which includes working
with leading academic institutions. In addition, Philips is helping
to establish best practices in population health management as part
of large-scale vendor partnerships with health systems, like Bon
Secours Charity Health System, part of the Westchester Medical
Center Health Network. Working with key Academy partners like
Banner Health on industry leading technologies around connected
care, and pilot projects such as the Intensive Ambulatory Care
Program and Tele-iCU, Philips has helped Banner reduce hospital
admissions by nearly 50 percent in part by managing high-cost
patients through Philips’ telehealth program. These best practices
can also be shared with other Academy members.
“We continue to extend our care beyond the hospital and focus on
transforming care delivery. We have seen first-hand that
value-based care can not only help lower healthcare costs for our
organizations, but also improve care,” said John Hensing, MD
Executive Vice President and Chief Medical Officer of Banner
Health. He continued: “As the health care industry continues to
rapidly evolve, and regardless of what happens with legislation, we
need to deliver the solutions that will allow us to deliver the
best possible care to all who turn to us for any health care need.
The Academy is well-designed to foster collaboration around best
practices.”
Innovation and time to market define success for today’s Top-100
healthcare organizations. To accelerate the use of best practices,
The Collaboratives designed the first Top-100 health system-based
shared learning process which provides a fast-track way for health
system peers to hone in on and respond to specific emerging issues.
Multi-disciplinary teams enable Top-100 health systems to consider,
respond, and implement changes in rapid succession.
“Innovation doesn’t happen in a vacuum and for us to deliver the
technologies and services that can have a meaningful impact on the
U.S. healthcare market, we need to work collaboratively with The
Academy and its members, to understand the challenges they face and
how we can help reduce complexity and cost, while improving patient
outcomes,” said Brent Shafer, CEO of Philips North America. “As a
leader in healthcare technologies and long-term partnerships, we
have the insights, established best practices and technological
innovations developed in conjunction with our key partners, which
can help The Academy members get ready for the future of
healthcare.”
Philips will showcase its broad range of population health
management, acute healthcare informatics and personal health
solutions, fully integrated in a highly secure, cloud-based
ecosystem at the upcoming Healthcare Information and Management
Systems Society (HIMSS) 2017 Annual Meeting and Exhibition. For
more information on Philips’ presence at HIMSS, including Philips
participation in the Interoperability Showcase, Connected Health
Experience and Medical Device Security Symposium, visit
www.philips/himss and follow @PhilipsLiveFrom for #HIMSS17 updates
throughout the event.
About The Health Management Academy
Founded in 1998, The Academy is exclusively comprised of
executive members from the country’s largest integrated health
systems and a strategic balance of the industry’s most innovative
companies. Executive members exchange best practices and benchmark
information on increasing the quality and efficiency of healthcare.
The Academy is a knowledge source for identifying and monitoring
tactical and strategic issues. The Academy’s model of educational
programming assesses the top priorities of its members, monitors
the organization and development of large health system executive
teams and facilitates structured interaction among its health
system members. The Academy is an accredited CE provider. More
information is available at www.hmacademy.com.
About Royal Philips
Royal Philips (NYSE:PHG, AEX:PHIA) is a leading health
technology company focused on improving people's health and
enabling better outcomes across the health continuum from healthy
living and prevention, to diagnosis, treatment and home care.
Philips leverages advanced technology and deep clinical and
consumer insights to deliver integrated solutions. Headquartered in
the Netherlands, the company is a leader in diagnostic imaging,
image-guided therapy, patient monitoring and health informatics, as
well as in consumer health and home care. Philips' health
technology portfolio generated 2016 sales of EUR 17.4 billion and
employs approximately 71,000 employees with sales and services in
more than 100 countries. News about Philips can be found at
www.philips.com/newscenter.
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Philips North AmericaSilvie Casanova,
1-978-657-7467silvie.casanova@philips.com
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