Royal Philips Strengthens on Eve of Exhibition - InvestingChannel

Royal Philips Strengthens on Eve of Exhibition

Royal Philips (NYSE: PHG) saw its stock rise Monday, on word the health technology firm will showcase its latest secure, connected and scalable informatics solutions during the HIMSS22 Global Health Conference & Exhibition.

Philips, according to Monday’s news release, “will share its deep clinical and operational expertise to support healthcare providers’ digital transformations and showcase its informatics suite that delivers data-driven actionable insights to advance precision care, support care along each patient’s pathway and improve transitions across care settings.

Philips will spotlight how its integrated solutions address some of the most urgent needs that the industry faces today, including staff shortages and cybersecurity threats.

As care settings extend beyond the hospital, with increasing ambulatory and home care, the health IT landscape is growing accordingly. Health systems are seeking ways to improve patient and provider experiences and better deliver care throughout the continuum by connecting data from various points-of-care and disparate systems. Cloud-based, integrated platforms are increasingly recognized for their ability to liberate data from siloes and derive meaningful insights that support workflows enabling precise, proactive and integrated care delivery.

With HealthSuite at its center, Philips brings a secure, interoperable and future-ready informatics platform that integrates live-streaming, high-fidelity data with contextual decision support, presenting actionable insights for individual patients and at scale.

PHG shares hiked 35 cents, or 1.1%, to $31.20.

Related posts

Advisors in Focus- January 6, 2021

Gavin Maguire

Advisors in Focus- February 15, 2021

Gavin Maguire

Advisors in Focus- February 22, 2021

Gavin Maguire

Advisors in Focus- February 28, 2021

Gavin Maguire

Advisors in Focus- March 18, 2021

Gavin Maguire

Advisors in Focus- March 21, 2021

Gavin Maguire