With health care rapidly evolving and with the growing need for innovative business models and solutions, Philips has longstanding collaborations with health systems, government, academia and industry partners to develop solutions that connect people, technology and data across the health continuum, improving patient outcomes and getting closer to first time right diagnosis and treatment.
Healthcare leaders are looking for an increased level of innovation, commitment, and accountability as the need for comprehensive transformation is increasing in order to meet the targets of the Quadruple Aim. Over the last three years, Philips has pioneered long-term strategic partnerships with risk-sharing business models at six leading US national health systems. These include Philips and Jackson Health signing a groundbreaking 11-year agreement and also come in the form of Philips providing the University of Ottawa Heart Institute with innovative health technology solutions.
On October 16, in a panel discussion on transforming global health care at the Fortune Global Forum 2018, Vitor Rocha, CEO Philips North America, will offer insights on Philips’ position as a focused leader in health technology, specifically across Philips’ largest market, North America. An organization of some 21,000 employees across its sizable R&D, manufacturing and commercial footprint in the region, generating more than USD6 billion in revenue.
Fortune Global Forum is an annual meeting, bringing together CEOs of the world’s biggest corporations, the Fortune Global 500, with innovators, builders, and other selected experts to explore the key issues shaping global business. Specifically, the panel on transforming global health care will discuss how data, artificial intelligence and digital transformation in the health sector can help to find new efficiencies, improve services and medicine and address increasing costs of health care worldwide.