Humana, Philips Using In-Home Interventions to Tackle $17B Re-Hospitalization Problem

Insurance giant Humana Inc. (NYSE: HUM) and health technology company Royal Philips (NYSE: PHG) have teamed up to give Humana’s Medicare Advantage (MA) members 24/7 access to care via remote patient monitoring. The move reflects the continued adoption of remote patient monitoring and telehealth, especially when it comes to the MA landscape. “Payers are increasingly […]

Business Briefs: Two Philips Partnerships Take Home Care Tech to New Heights

Philips Enters Into Two Partnerships to Improve Health Care Tech Royal Philips (Nasdaq: PHG) recently entered into two partnerships with technology companies. Philips initiated its first collaboration with Qualcomm Incorporated (Nasdaq: QCOM) to advance connected health across the entire health continuum. Qualcomm Life’s 2net Platform will act as the medical device connectivity solution for Philips’ […]

Business Briefs: Royal Philips Announces Acquistion of Wellcentive

Royal Philips Acquires Wellcentive Royal Philips has announced its acquisition of the US-based provider of population health management software solutions, Wellcentive. The acquisition will expand Philips’ population health management business. Once the deal is signed, Wellcentive and its employees will become part of the population health management business group within Philips, which will be led […]

Health System Cuts Hospitalizations 45% with Tech-Driven Home Care

A health system that is a national leader in coordinating care across different settings has achieved significant cost savings and reduced hospitalizations by improving home care for people with chronic conditions. Arizona-based Banner Health undertook the Intensive Ambulatory Care (IAC) pilot program in partnership with technology company Royal Philips. Since its 2013 launch, the telehealth program […]