Philips Healthcare

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    Have a real close read of the Philips digital healthcare solutions and tell me if it sounds familiar:

    https://www.philips.com.au/healthcare/innovation/about-health-suite

    Could InHealth be developing/integrating their health app into the Philips ecosystem as mentioned in the recent 5 year joint marketing agreement with an unknown medical device company:

    "HealthSuite with salesforce.com is designed to be an open eco-system for third-party app developers, with the potential to transform both professional healthcare delivery and continuous personal health management."

    Maybe next round of funding will come from Philips:
    https://medcitynews.com/2010/08/philips-healthcare-parent-joins-250m-health-tech-venture-fund/
    https://www.cnbc.com/2018/07/02/virtual-doctor-start-up-american-well-just-raised-291-million-more.html


    Out of all the big device players, it seems Philips is at the forefront of Telehealth:

    https://www.livewiremarkets.com/wires/stocktoberfest-a-healthcare-stock-with-multiple-tailwinds
    That’s where Philips comes in. Their products enable patients to be safely monitored in their own homes and to consult remotely with their doctors, if need be, via video-conference. Philips own data shows that their Population Health Management solution (telehealth, medication management, patient population data analysis, etc.) saved one US health system 27% on their cost of care and reduced hospitalisations by 45%. Imagine those savings across a whole country like the US.



 
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