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Philips and Paracelsus Clinics enter into 8-year strategic partnership

Press releases may be edited for formatting or style | March 02, 2020 Artificial Intelligence CT MRI Ultrasound X-Ray
Amsterdam, the Netherlands & Osnabrück, Germany – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Paracelsus Clinics, today announced they have entered into a strategic partnership for the next eight years. The partnership is focused on continuous modernization of Paracelsus Clinics' medical imaging systems. Based on the evolving needs of the hospital, the partnership will offer solutions that maximize imaging system availability and standardize equipment operation, leveraging digitalization and process optimization to realize efficiency improvements while at the same time increasing quality.

"Paracelsus is committed to providing integrated care close to where people live in Germany," said Dr. med. Dr. jur. Martin Siebert, CEO of Paracelsus Clinics. "With Philips, we now have a partner by our side who will support us in expanding this position and strengthen our future viability through its strengths in innovation and its digital competence. As an exclusive supplier, Philips will take care of new and replacement imaging system procurement, together with management and the training of our employees. The scope of delivery includes CT, MRI, angiography, X-ray and ultrasound systems. Philips offers the greatest possible flexibility in designing a tailor-made equipment pool that matches our changing requirements over time."

"In addressing the challenges of the future, offering the latest technological innovations is only the first step," said Peter Vullinghs, Senior Vice President, General Manager Philips GmbH Market DACH. "In our strategic partnership with Paracelsus we want to firmly anchor quality and efficiency as key success factors, not only at the structural level but also at the process level. It's the only way we can achieve more together."
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"We were won over by the innovative concept for digitalization that Philips offered," said Florian Distler, Head of the Procurement Management Office of Paracelsus Clinics. "This digital transformation will help us to better interlink outpatient, inpatient and rehabilitation at home."

Artificial intelligence (AI) in leading-edge research
One of the intended lighthouse projects planned by Paracelsus and Philips will include installation of Philips' Informatics AI Research Suite (IntelliSpace Discovery) in the Paracelsus Elena Clinic in Kassel – one of Germany's leading clinics for the treatment of patients with Parkinson's disease and related movement disorders. Paracelsus intends to use the AI capabilities of Philips' Informatics AI Research Suite (IntelliSpace Discovery) to further advance the internationally recognized cutting-edge research carried out by the clinic so that new findings on neurodegenerative diseases find their way into clinical care. Scientists can use the AI research platform to develop their own machine learning algorithms for specific questions. In addition, Philips will equip the clinic with innovative MR technology to support diagnosis and treatment in acute neurology care.

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