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A company’s transformation -from lightbulbs into digital health solutionsRichard KemkersPhilips Research
June 2016
25 April 2016 Philips Research2
125 years of innovation at Philips
June 2016
Philips, founding fathers
Philips’ founding fathers: Frederik, Gerard and Anton Philips
Philips ResearchJune 2016
1898 – Russia order of
50,000 lamps
“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
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
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
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
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
Patient monitoring use case
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
Moving from devices to solutions
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
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
Creating a leading and highly specialized center of healthcare excellenceKarolinska University Hospital and Stockholm County Council, Sweden
We innovate with our partners in an open innovation ecosystem
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