January 19, 2017

Philips appoints Roy Smythe as Chief Medical Officer for Health Informatics

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) today announced the appointment of Roy Smythe M.D. as Chief Medical Officer for Health Informatics, effective immediately.

 

Dr. Smythe has deep clinical knowledge and a wealth of experience in leading clinical and technological innovation programs supporting integrated health systems in their transition to value-based care. He joins Philips from Valence Health, a U.S. based value-based care solutions provider, where he held the position of Chief Medical Officer. He will report to Jeroen Tas, CEO Connected Care and Health Informatics at Philips. Roy Smythe’s key area of focus will be Health Informatics. His knowledge will be leveraged across all Philips’ Connected Care and Health Informatics businesses*.

“I am excited that Roy Smythe is joining our organization,” said Jeroen Tas, CEO Connected Care and Health Informatics, Philips. “The knowledge and experience he brings with him are of great value in these times of enormous change in the healthcare industry. In his role as Chief Medical Officer he will help ensure our healthcare informatics solutions are answering the clinical, technological and business needs of our customers as they transition to new models of care delivery that aim to optimize care paths, and improve patient outcomes.”

 

Prior to his role at Valence Health Dr. Roy Smythe (American, 56) was Chief Medical Officer at Avia (2013), a provider-led healthcare technology accelerator. Roy is the former Medical Director for Innovation for Baylor Scott & White Healthcare (2011) – an integrated delivery system. Before that he was the Roney Endowed Chair and Professor of Surgery, Medicine and Molecular Medicine (2006), and also Chairman of the Department of Surgery at Baylor Scott & White Health System and for the Texas A&M Health Science Center College of Medicine (2004) - the most comprehensive health science center in Texas. He began his clinical career as a surgeon and translational scientist at the University of Texas M.D. Anderson Cancer Center.

 

“I look forward to joining Philips and working together with care providers on the future of healthcare,” said Roy Smythe. “It’s my firm belief we are at an important and opportune cross road in time where emerging technologies, IT and data analytics can literally transform care delivery - rendering it more efficient, effective and equitable for both populations and individuals. However, implementation of these new tools and approaches will only be successful if done in strong collaboration with those professionals actually delivering care. In my new role I plan to facilitate the open and constructive dialogues that are needed to facilitate and promote these exciting innovations.”

 

* Philips’ Connected Care and Health Informatics businesses comprise of Healthcare Informatics Solutions and Services, Patient Care and Monitoring Solutions, Population Health Management and Emerging Businesses.

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 2015 sales of EUR 16.8 billion and employs approximately 70,000 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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Kathy O'Reilly

Kathy O'Reilly

Philips Group Press Office

Tel.: +1 978-221-8919

Joost Maltha

Joost Maltha

Philips Group Press Office

Tel: +31 6 10 55 8116

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