Sydney, Australia and Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced it has entered into two 20-year strategic partnership agreements for Managed Equipment Services with Illawarra Shoalhaven Local Health District and Nepean Blue Mountains Local Health District in Australia. Under the terms of the two agreements, Philips will provide delivery, upgrade, optimization, replacement and maintenance services for all major medical imaging solutions. The partnerships will support precision diagnosis and therapy and drive operational performance across nine hospital sites. This managed service delivery model for medical imaging technology is the first-of-its-kind for Philips in Australia and the ASEAN Pacific region.
Philips will structurally manage the Local Health Districts’ entire inventory of diagnostic and interventional medical imaging equipment and clinical informatics solutions, including those of other vendors, across various clinical areas including radiology, cardiology and nuclear medicine. It will also provide financing services. Through the partnerships, Philips will help to deliver on the core objectives of each Local Health District: enhancing the patient experience, managing population health, and maintaining responsible and predictable budget management to deliver the right care, in the right place, at the right time.