Philips' Partnership With Validic Enhances HealthSuite Capabilities

Collaboration enables the integration of consumer-generated health data into Philips cloud-based HealthSuite digital platform to power connected health solutions and services

Amsterdam and Durham, N.C. -- Royal Philips (NYSE: PHG; AEX: PHIA) today announced it is further enabling connected health by signing an agreement with Validic, a U.S.-based fast-growing company that pioneers a technology platform for connectivity and access to digital health data from clinical and remote-monitoring devices, sensors, fitness equipment, wearables and patient wellness applications.

The collaboration with Validic – whose platform reaches approximately 223 million people in 47 countries – will offer Philips opportunities to expand the breadth and depth of its connected health solutions such as its Personal Health Programs, Lifeline medical alert services and eCareCoordinator and eCareCompanion eHealth applications with third-party device data. These connected health solutions and services have been designed to facilitate coordinated care across the health continuum from healthy living and prevention to diagnosis, treatment and home care. They have been built on Philips' HealthSuite digital platform, an open cloud-based platform of services, capabilities and tools that allows for the creation of the next generation of connected health and wellness innovations.

"Being able to deliver the best care requires that healthcare providers have a comprehensive view of each patient's health condition," said Jeroen Tas, CEO, Connected Care and Health Informatics, Philips. "Increasingly, health care is moving beyond the walls of the hospital, enabled by connected devices to monitor both health and care. We can now take a next step by securely combining the data generated by someone's glucose meter and fitness tracker with their clinical data, so that caregivers can discover relevant and actionable insights for new models of personalized health management of their patients. Our collaboration with Validic helps to accelerate this step."

The Philips HealthSuite digital platform enables connected health services by utilizing smart devices and mobile apps to help people make more confident health and lifestyle-related decisions. Through its integration capabilities with electronic medical records and other clinical data sources it also supports health systems in the delivery of care coordination solutions. Patients and their care providers are given actionable and longitudinal insight through the combination of clinical and personal health data. The collaboration with Validic will further augment the integration of consumer-generated personal health data from multivendor fitness wearables, remote monitoring devices and health apps, as well as medical devices like blood pressure cuffs, health patches and glucose meters, into existing and new connected health services.

"With a strong presence in both professional health care and consumer health spaces, Philips understands the global impact of people better managing and engaging with their health. They also recognize the industry need for making this remotely collected health data actionable for care providers," said Ryan Beckland, CEO and co-founder of Validic. "Philips and Validic share a similar vision on connected health and recognize the importance of leveraging digital health data collected outside of the clinical setting to improve the quality of care and patient outcomes."

The Philips HealthSuite digital platform supports enterprise application development with services specialized for the secure collection of health, wellness and clinical data, allowing for aggregation, analysis and actionable insights. As new digital health technologies rapidly become available, Philips' customers – both patients and clinicians – will be able to accelerate the adoption of connected health services by utilizing smart devices and mobile apps to make more confident health and lifestyle-related decisions. Philips also offers its HealthSuite digital platform as a scalable and secure Platform-as-a-Service for custom connected health application development and deployment.

About Royal Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a diversified health and well-being company, focused on improving people's lives through meaningful innovation in the areas of Healthcare, Consumer Lifestyle and Lighting. Headquartered in the Netherlands, Philips posted 2015 sales of EUR 24.2 billion and employs approximately 104,000 employees with sales and services in more than 100 countries. The company is a leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as male shaving and grooming and oral healthcare. 

About Validic
Validic provides the industry's leading digital health platform connecting providers, pharmaceutical companies, payers, wellness companies and healthcare IT vendors to health data gathered from hundreds in-home clinical devices, wearables and consumer healthcare applications. Reaching more than 223 million lives in 47 countries, its scalable, cloud-based solution offers one connection to a continuously-expanding ecosystem of consumer and clinical health data, delivering the standardized and actionable insight needed to drive better health outcomes and power improved population health, care coordination and patient engagement initiatives. Validic was named to Gartner's "Cool Vendors" list and received Frost & Sullivan's "Best Practices and Best Value in Healthcare Information Interoperability" and "Top 10 Healthcare Innovating Disruptor" awards.