Tag: Connected Care
Philips says it’s maintaining momentum with third quarter results
November 4, 2025HME News Staff
AMSTERDAM – Royal Philips’ Connected Care business, which includes Sleep & Respiratory Care, saw comparable sales growth of 5.1% in the third quarter of 2025.
Adjusted EBITA margin improved 410 bps to 11.4%, driven by increased sales and productivity, partially offset by tariffs.
The company, as a whole, saw sales of EUR 4.3 billion for the third quarter of 2025, a 3% comparable increase.
Other results for the Group:
Comparable...
In brief: Philips grows sales, Woman of the Year noms open
October 25, 2023HME News Staff
AMSTERDAM – Philips’ Connected Care business saw a 10% increase in comparable sales in the third quarter, with double-digit growth in monitoring.
Overall, the company reported group sales of EUR 4.5 billion and comparable sales growth of 11%.
“Our improved operational performance was driven by our focus on execution to enhance patient safety and quality, strengthen our supply chain reliability and establish a simplified operating model,” said Roy Jakobs,...
In brief: Connected Care leader, ResMed survey, Masimo partnership
March 17, 2023HME News Staff
AMSTERDAM – Royal Philips has appointed Julia Strandberg as chief business leader of its Connected Care businesses, including sleep and respiratory care, effective April 24, 2023.
Strandberg, who was most recently chief commercial officer for Pear Therapeutics, will also become a member of the company’s Executive Committee, reporting to CEO Roy Jakobs.
“Julia brings deep, multi-disciplinary expertise, including in informatics and monitoring, to Philips,”...
Philips names new Connected Care leader
March 13, 2023HME News Staff
AMSTERDAM – Royal Philips has appointed Julia Strandberg as chief business leader of its Connected Care businesses, including sleep and respiratory care, effective April 24, 2023.
Strandberg, who was most recently chief commercial officer for Pear Therapeutics, will also become a member of the company’s Executive Committee, reporting to CEO Roy Jakobs.
“Julia brings deep, multi-disciplinary expertise, including in informatics and monitoring, to Philips,”...
Philips reports declines in 2022
January 30, 2023HME News Staff
AMSTERDAM – Philips has reported an 11% comparable sales decline for its Connected Care businesses for 2022, mainly due to a double-digit decline in Sleep & Respiratory Care.
The company has also reported an increased field action provision of EUR 85 million to expedite the completion of its recall of certain sleep therapy and ventilator devices. It has not, however, made any provisions to account for an investigation by the Department of Justice, several class-action lawsuits...
Baxter, Hillrom ‘unite’ to accelerate connected care
September 7, 2021HME News Staff
DEERFIELD, Ill., and CHICAGO – Baxter International announced on Sept. 2 that it has entered into a definitive agreement to buy Hillrom for $156 per share in cash for a total equity value of $10.5 billion and a total enterprise value of about $12.4 billion, including the assumption of debt.
Baxter says the acquisition brings a highly complementary product portfolio and innovation pipeline that will enable the company to provide a broader array of medical products and services to patients...
Philips connects care for Humana
December 10, 2019HME News Staff
AMSTERDAM - Royal Philips is collaborating with Humana to improve care and health outcomes for select high-risk Medicare Advantage members. Humana has implemented two programs that leverage Philips' medical alert services and remote member monitoring solutions. “Our goal is to continue to find ways to help our Medicare Advantage members stay longer and safer in their homes,” said Susan Diamond, president of Humana's Home Business Segment. “We believe our work with Philips will help...
Connected care is a multi-dimensional domain
July 25, 2019John Andrews
Pinpointing exactly what “connected care” is can be a tricky exercise. In a broad context, it can be identified as a platform that enables electronic communications between patients and providers, facilitating the transmission of health data for monitoring and analysis.But beyond that, connected care incorporates a wide range of dimensions that include different media, functions and purposes, said Michael Cantor, MD, chief medical officer for Hartford, Conn.-based CareCentrix.“What...
higi, Bridge Connector connect patient data
December 4, 2018HME News Staff
CHICAGO - A new collaboration allows for seamless integration between higi health stations using the Health Connect solution, and any EHR or hospital system using Bridge Connector technology to engage with and manage patient data. It also opens the door to connectivity of the higi platform with providers, payers, employers, retailers and others looking to connect with and manage their patient data with real-time risk identification for care intervention and ongoing preventative programs. “With...
ResMed strengthens COPD play
December 4, 2018HME News Staff
SAN DIEGO - ResMed has entered into a definitive agreement to buy Propeller Health, a company that provides connected health solutions for people living with COPD and asthma, for $225 million.
The Madison, Wis.-based Propeller makes small sensors that easily attach to inhalers and pair with a mobile app to automatically track medication use, and provide feedback and insights. The company's ability to support people in stage II and III severity levels of COPD are complementary to ResMed's...