Philips, Banner Health extend telehealth deal, joint healthcare programs
Royal Philips and Arizona-based Banner Health extended the companies' ongoing collaboration on connected health innovations with a 15-year agreement, the companies announced Thursday.
This companies have worked together in the past on a number of initiatives, including the Intensive Ambulatory Care pilot program that leverages telehealth to manage chronic illness. The pilot addressed chronic disease management costs.
The companies will build on the successful pilot to determine how telehealth can support connected health initiatives and improve care management for patients with chronic care.
The new agreement will leverage Philips' connected care and population health management research and Banner's clinical and operational data to create integrated programs to improve Banner's patient outcomes, officials said.
The partnership will also create best practice guidelines to help Banner improve patient care, and provide insights for patients in southwestern U.S.
[Also: Banner Health goes for one EHR for all]
The companies will use the partnership to determine how the healthcare network can become more connected, by using advanced imaging, interventional tools, genomics, digital pathology and analytics, officials said. The companies will also evaluate business models and services to improve Banner's healthcare technologies.
Banner will have access to Philip's tools per the agreement, according to officials.
"With legislation driving reform, we knew that we needed to manage population health and essentially keep people healthy and out of the system to reduce costs, while ensuring better patient outcomes," Banner Health President and CEO Peter Fine, said in a statement. "If we're to make a difference in patient's lives, we need to work collaboratively with innovative technology partners such as Philips."
"Our long-standing collaboration with Banner has shown that keeping people healthy and empowering them to take a more active role in their care, allows health systems to expand access, manage costs and improve outcomes," Philips North America's CEO Brent Shafer, said in a statement.
Twitter: @JessieFDavis
Email the writer: jessica.davis@himssmedia.com
