Royal Philips (NYSE: PHG; AEX: PHIA) is enabling connected health by signing an agreement with Validic, a US-based technology platform for connectivity and access to digital health data from clinical and remote-monitoring devices, sensors, fitness equipment, wearables and patient wellness applications.
The collaboration will offer Philips opportunities to expand the breadth and depth of its connected health solutions such as its Personal Health Programs, Lifeline medical alert services and eCareCoordinator and eCarecompanion eHealth applications with third-party device data.
These connected health solutions and services have been designed to facilitate coordinated care across the health continuum from healthy living and prevention to diagnosis, treatment and home care. They have been built on Philips´ HealthSuite digital platform, an open cloud-based platform of services, capabilities and tools that allows for the creation of the next generation of connected health and wellness innovations.
Royal Philips is a diversified health and well-being company, focused on improving people´s lives through meaningful innovation in the areas of Healthcare, Consumer Lifestyle and Lighting. Headquartered in the Netherlands, Philips posted 2015 sales of EUR24.2 billion and employs approximately 104,000 employees with sales and services in more than 100 countries.
Validic provides the industry´s leading digital health platform connecting providers, pharmaceutical companies, payers, wellness companies and healthcare IT vendors to health data gathered from hundreds in-home clinical devices, wearables and consumer healthcare applications.
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