Seeking healthcare organizations

As health system leaders pursue bold organizational and functional solutions to their pressing needs, Philips is developing enterprise solutions that provide additional ways to address their complex, systemic challenges.

New business models that position strategic suppliers as long-term partners for value creation can be a powerful force for financial stability and operational excellence. Structured properly, an enterprise partnership with Philips can be a strong lever to help stabilize expenditures, mitigate risk, preserve cash for transformation initiatives, and create near- and long-term value for patients.

Do any of these challenges sound familiar to you? If so, we’d like to share more information on how our enterprise partnership framework can help.

Could your organization benefit from an enterprise partnership with Philips?

Common reasons to consider an enterprise partnership

Challenges such as these can actually create an opportunity to transform your organization beyond its short term goals. Whether triggered by financial pressures or a vision to optimize care, a partnership with Philips has the potential to impact every aspect of your operations and care delivery.

Need to protect your organization from technology obsolescence?

An enterprise partnership with Philips could be right for you.

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Financial restructuring

The need to take decisive action to transform your organization’s financial structure can be caused by many institutional and market factors, such as:

The need to remove cost or reduce financial variability from your operating structure
The need to conserve cash for expansion, renovation or M&A
A negative shift in reimbursement funding
The need to reduce the cost or increase the value of functional, shared services

Traditional finance management control measures are not able to address many of these larger structural financial challenges. A strategic partnership approach to technology acquisition and management can help restructure your balance sheet, enable overdue investments in technology, shift risk and move your organization onto a more stable, predictable, sustainable financial path.

A case in point:

Augusta University Health System

Organizational transformation

Significant organizational and cultural transformation is often not optional, but the result of a mandate to achieve improved business results or a requirement to continue operating and providing high-quality care. These mandates for change may include:

New hospital construction, renovation or reconfiguration
Consolidation (i.e., integration of hospitals and care groups into your existing health system or assimilation into a parent group)
Implementation of a broad new leadership vision and strategy
Rapid change in market and competitive dynamics
Strategic shift to new care models or population health strategies

A strategic partnership with Philips provides the financial and procurement flexibility and access to multidisciplinary planning and clinical resources to enable you to better plan for and execute major organizational transitions.

A case in point:

Marin General Hospital

Optimization strategy

Increasing standardization and reducing variability across a care system can have a significant impact on care delivery today and help an organization transition successfully to value-based care. As health systems focus on achieving enterprise-wide, sustainable improvements, there’s an increasing level of focus on:

The need to reduce overall costs and improve operational efficiency
The desire to increase standardization and reduce variability
The need to optimize care delivery and enhance quality
The desire to improve care facilitation and reduce length of stay
The need to prepare your organization for population health management

Using a proven process founded in continuous improvement, shared accountability and an agile, strategic operational framework means insights are continually integrated into the decision-making process to support mutually identified goals with sustainable, measureable results.

A case in point:

Mackenzie Health

Market position

In this dynamic, disruptive and increasingly consumer-driven healthcare landscape, it is essential to establish market parameters and differentiated service strategies that elevate your health system in a meaningful way. Your market leadership strategy may be informed by various factors:

A shift in market competition or patient acquisition/leakage rates
The desire to show best-in-class innovation and research capabilities
The need to provide best-in-class care and protect against technology obsolescence in order to meet the requirements of elite designations (e.g., Level I trauma center)
The opportunity to gain new, incentive-based reimbursement funding (e.g., DSRIP)

Having access to leading technology, deep clinical expertise and proprietary tools and innovation resources can be a powerful impetus to strengthen your position in the market and enhance the quality and type of care you provide.

A case in point:

Westchester Medical Center Health Network

About Enterprise Partnerships

Discover about Philips enterprise partnerships that encompass an operational framework for healthcare organization transformation with shared accountability.

Read more
Enterprise Partnership Methodology

Through proven enterprise partnership methodology, Philips follows an end-to-end approach bringing expertise and solving challenges your organization faces.

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Redefining provider-vendor relationships

Discover how Philips redefined the provider-vendor relationship, sharing joint focus on partnership goals, shared risk and performance incentives.

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See enterprise partnerships in action

Enterprise Partnership Results

Learn how Philips enterprise partnership results bring meaningful achievements from the start; meeting milestones for your patients, staff and community.

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Enterprise Partner Portfolio

Discover the Philips enterprise partner portfolio and see insights from a vision of a community working together to drive healthcare forward.

Learn more

Seeking healthcare organizations

Common reasons to consider an enterprise partnership

Need to protect your organization from technology obsolescence?

Contact information

Financial restructuring

Organizational transformation

Optimization strategy

Market position

Learn more about enterprise partnerships

See enterprise partnerships in action

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