Philips launches new Healthcare Informatics Solutions and Services Business Group

-- Global business group will act as consulting and solutions partner to hospitals and health systems as they pursue new, more effective, lower cost models of patient care

-- Group to focus on common digital healthcare platform, advanced informatics and big data analytics, and world-class integration and consulting services

ANDOVER, Massachusetts, Jan. 22, 2014 /PRNewswire/ -- Royal Philips (NYSE: PHG, AEX: PHIA) today announced the formation of Healthcare Informatics Solutions and Services, a new business group within Philips' Healthcare sector that offers hospitals and health systems the customized clinical programs, advanced data analytics and interoperable, cloud-based platforms necessary to implement new models of care.

(Logo: http://photos.prnewswire.com/prnh/20140122/NE50581LOGO )

Building off a proven track record in improving the health of aging and at-risk populations, Healthcare Informatics Solutions and Services will partner with healthcare providers to improve access, lower cost and enhance quality across the continuum of care, from screening and diagnosis, to treatment and monitoring, and finally after care at home.

"Healthcare systems today are changing the way they operate, how decisions are made and how patients receive care," said Deborah DiSanzo, chief executive officer, Philips Healthcare. "This requires a significant overhaul of complex organizations, as well as the associated actionable data about each patient population they serve. As we continue to expand the tools, analytics, consulting and support, we are paving the way for providers to transition into more integrated, collaborative care."

Healthcare Informatics Solutions and Services will be led by Jeroen Tas, who previously served as the chief information officer of Philips, and will represent the next step in the evolution of Philips, responding to increasing demand by major health systems worldwide. For example, last year Philips signed a 15-year alliance with Georgia Regents Medical Center (GRMC), enabling Georgia's renowned public academic health center to transition to a more patient-centered approach to care and an innovative business model that addresses current and future clinical, operational and equipment needs of GRMC's multiple sites.

In addition, Philips Healthcare North America today announced the new set-up of its sales organization to better support the changing healthcare marketplace and customers in this geography. Philips will provide additional focus on Integrated Delivery Networks (IDNs) and larger accounts, while continuing to support standalone hospitals and the non-hospital market. A new coordinated account management approach will allow Philips account managers to offer more comprehensive solutions across a broader portfolio.

For more information, please contact:

Rachel Bloom-Baglin
Philips Healthcare
Tel: +1 978 760 9007
E-mail: rachel.bloom-baglin@philips.com

Steve Klink
Philips Group Communications
Tel: +31 6 10888824
E-mail: steve.klink@philips.com

About Royal Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a diversified health and well-being company, focused on improving people's lives through meaningful innovation in the areas of Healthcare, Consumer Lifestyle and Lighting. Headquartered in the Netherlands, Philips posted 2012 sales of EUR 24.8 billion and employs approximately 114,000 employees with sales and services in more than 100 countries. The company is a leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as male shaving and grooming and oral healthcare. News from Philips is located at www.philips.com/newscenter.