Healthcare is transforming, at an accelerating rate driven by market dynamics. A shift to empowered, incented consumers, competition for treatment location, modality and convenience, and an unsustainable cost burden. Healthcare organizations are adapting new business and payment models, enhancing patient and care team engagement and shifting their focus from episodic care to longitudinal health, to enable their mission, and the populations they manage, to thrive.
Philips views this transformation as a journey to continuous health in which healthcare organizations implement processes enabled by the aggregation of data, purpose-driven analytics and impactful workflow – to assess, manage and empower the health of individuals and populations they serve.
Three trends are fueling the transformation: