Healthcare costs are at a crisis point, forcing the federal government to make comprehensive changes to healthcare payment models. The cost of caring for patients needs to go down while the quality of care needs to improve. This means it can’t
be business as usual, and Philips can lead healthcare systems through the changes required. The healthcare systems of tomorrow will be transformed in several critical ways:
- They will have a culture focused on the delivery both clinical and financial outcomes.
- They will measure and optimize labor investments, which account for 66% of all hospital costs.
- Their staff will coordinate across former silos, bringing a team-based focus to the patient.
- They will focus on populations, and will make dynamic decisions about the resourcing to apply to a patient at a given moment to generate greatest clinical and financial ROI.
Technology alone, while promising, isn’t enough to help providers like you continue to become the healthcare leaders of tomorrow. Healthcare organizations need a new way of operating altogether and Philips is the partner that can help you
change in ways that allow you to thrive.
In this new, risk-based payment environment, Philips Hospital to Home is able to provide the necessary access, leverage, quality and cost reductions you need to be successful in this new paradigm; Philips is the optimal partner with both telehealth
and care coordination expertise to help you manage this risk. We do this with care delivery programs supported by advanced telehealth technologies, complex clinical algorithms and behavioral science. What’s more, Philips Hospital to Home
doesn’t just provide the technology and guidelines—we work closely with you and your advisors, as trusted partners, every step of the way—from implementation and training through the life of the engagement and to your ultimate success.
In the hospital, we have a proven track record of transforming care through workflow re-design, complex analytics and advanced telehealth technologies that increase provider productivity, deliver cost savings, and improve outcomes. In the
transition to outpatient and home settings we are advancing our discharge management and tailored care coordination that employs comprehensive telehealth devices and audio/visual technology as well as behavioral-based patient engagement
tools and methodologies. Together, these allow you to empower patients to greater self-care, while delivering improved access and higher quality in the most cost-effective manner. You’re able to do more with less.