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A company’s transformation - from lightbulbs into digital health solutions Richard Kemkers Philips Research June 2016

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A company’s transformation -from lightbulbs into digital health solutionsRichard KemkersPhilips Research

June 2016

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25 April 2016 Philips Research2

125 years of innovation at Philips

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June 2016

Philips, founding fathers

Philips’ founding fathers: Frederik, Gerard and Anton Philips

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Philips ResearchJune 2016

1898 – Russia order of

50,000 lamps

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“Always ask oneself:

Couldn’t this be different?

Couldn’t this be better?

I have found fantasy to be one

of the key factors of success

in a person’s life. “

Anton Philips

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Meaningful innovations since 1914

1915Arga-lamp

1925Metalix- X-ray tube

1926Pentode

1931Philora sodium

lamp

1939Philishave

rotary shaver

1948First live TV

broadcast in NL

1963Compact Cassette

1979Compact Disc

1980Compact

fluorescent lamp

1996Ultra-High-

Performance (UHP) lamp

19983D rotational

X-ray

1999Flat-panel

X-ray detector

2004Ambilight TV

2010Lifeline AutoAlert

2011HeartNavigator

2011AirFloss

2012Hue

2013AlluraClarity

2007Brilliance iCT

2014IntelliVue CL

Respiration Pod

2015Health Watch

June 2016

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Trends and opportunities in HealthTech

Consumers increasingly engaged in their health

Shift to value-based healthcare will reduce

waste, increase access and improve outcomes

Care shifting to lower cost settings and homes

Connectivity and digital shifting value from devices to software and services

June 2016

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Trends and opportunities in HealthTech

Consumers increasingly engaged in their health

Shift to value-based healthcare will reduce

waste, increase access and improve outcomes

Care shifting to lower cost settings and homes

Connectivity and digital shifting value from devices to software and services

We see two major ways Philips can contribute:

Personalization of care

Driving convergence of professional healthcare and consumer health.

‘Industrialization’ of care

Enabling providers to deliver lower-cost care and better outcomes.

June 2016

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Connecting healthcare IT solutions: cloud-based HealthSuite Digital Platform

Monitoring, informatics and connected care

Connected device cloud Secure data cloudCollaboration cloud

Secure access to data, devices and services

Workflow optimization

Revolutionary analytics

Meaningful summaries

Clinical decision support

June 2016

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Patient monitoring use case

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Today: Patient monitoring in the General Ward

Arrival at ward Treat and stabilize Discharge Recovery @ home

Fall prevention Discharge planning Early mobilization of patients to speed up recovery

Early deterioration detection to prevent readmission

Low nurse to patient ratio (1:8)

Undetected patient deterioration

Sicker and sicker patients are transferred to GW

Assign right level of monitoring to patient

Busy atmosphere

No severity overview of patients available to assign nurses

Hassle to register vital signs in hospital records

If not automated, many times vital signs are missed or inaccurate, especially respiration rate

Include patients family observation in care

Patient education

HAI increases LOS First 30 days after discharge: hospital is responsible, but patient is out of sight

Lack of context info with self-measured vital signs

Hospital Home

June 2016

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Moving from devices to solutions

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Key challenges: moving from products to solutions on a common platform

June 2016

Our journey

Hardware

Services

HSDP

Value migration to more software, services and solutions; from Philips and partners.

HSDP is not the solution, it is the platform for interoperable solutions.

Partner components

Seamless User

Experience

Software

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Partnering for new business models

Shared accountability modelJoint focus on partnership goals with shared risk

and performance incentives

PhilipsCustomer

Common Goals

Predictability

Shared risk

Continuous improvement

Reduced OpEx

Innovation

Joint commitment to quality, efficiency, and cost metrics =

Value for patients

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Creating a leading and highly specialized center of healthcare excellenceKarolinska University Hospital and Stockholm County Council, Sweden

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We innovate with our partners in an open innovation ecosystem

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a year by 2025

We’re aiming to improve the lives of

three billion people

We strive to make the world healthier and more sustainable through innovation

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